Imports, Exports & General VAT Compliance 22 November 2023
Imports & Exports
In this session, we cover:
- Who is liable for VAT on importation of goods?
- Customs value of goods imported
- Whether Customs VAT paid on the importation of goods may be claimed as input tax
- The documentary requirements to substantiate an input tax deduction for VAT paid on importation of goods
- Imported services and registration of Electronic Service providers for VAT
- Supplies to branches outside SA
- Zero-rating of services supplied to non-residents
- Zero-rating of exported goods (Government Notice R.316 and IN 30 (issue 3))
General VAT compliance
We discuss general VAT and other administrative compliance: what to do in the following situations:
- General VAT compliance and documentary requirements in respect of record keeping
- What to do in the case of an error on a VAT return
- Interest and penalties on VAT return (late payment, late submission of VAT return and understatement of VAT liability)
- Best practices and tips
The webinar will contribute to 2 hours CPD/CPE.
Cost:
R690.00 (inclusive of VAT) / R600.00 (exclusive of VAT)
