Page 37 - F6 Slide - Taxation - Lecture Day 4
P. 37

Example










         Gert Smit Construction (Pty) Ltd imported marble


         that has a cost price and a value for customs duty


         purposes of R120 000 from Zimbabwe. Import


         surcharges of R5 600 were levied.








         Determine the amount of the VAT levied on


         importation.
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