SARS earlier announced that certain measures were to be introduced to counter various harmful cross-border activities, including VAT evasion and fictitious exports of goods. SARS has since then been engaged in establishing the necessary infrastructure as well as the training of Customs officials.
Notice was accordingly given to all vendors that:
In response to several representations SARS has agreed not to introduce these measures on 1 October 1998. This will provide an opportunity for further consultation between SARS and stakeholders, as well as providing more time for importers and exporters to make the necessary adjustments to their systems. It follows that the existing VAT Export Incentive Scheme remains in operation until further notice.
Importers and Exporters are urged to use the weeks ahead to familiarise themselves with the new arrangements and to contact SARS should any assistance be required.
ISSUED BY THE COMMISSIONER FOR THE SOUTH AFRICAN REVENUE SERVICE