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COVID-19 VAT EXEMPTION MISUNDERSTANDING – IGNORANCE OF THE LAW IS NOT AN EXCUSE

by Lucia Hlongwane | Apr 22, 2020 | LAW, TAX

SARS announced exemption from VAT on importation of essential goods as defined in the Regulations published in the Government Gazette No 43148 specific to the COVID19 pandemic. The VAT Act charges VAT in terms of section 7.   Section 7(1)(b) provides for VAT on...

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