Page 311 - Juta's Indirect Tax

VALUE-ADDED TAX ACT
INTERPRETATION NOTES
Table of Contents (numerical)
NUMBER DATE NAME/SUBJECT SECTION OF VAT ACT PAGE
30 (Issue 3) 5 May 2014 Documentary proof required on consignment or delivery of movable goods to a recipient at an address in
an export country
Section 1 para. (a) de nition of 305 ‘exported’ and s. 11 (1) (a) (i)
and 11 (3)
31 (Issue 3) 22 March Documentary proof required for the Section 11 314 2013 zero-rating of goods and services
39 (Issue 2) 8 February VAT treatment of public authorities, Sections 1, 8, 11, 16, 18, 23 326 2013 grants and transfer payments and 40A
40 (Issue 2) 30 March VAT treatment of the supply of goods 2012 and/or services to and/or from a cus- toms controlled area of an Industrial
Development Zone
Sections 1, 7, 8, 9, 10, 11, 13 368 and 18 and item 498.00 in para.
8 of First Schedule
41 (Issue 3) 31 March Application of VAT to the gambling Sections 1, 8 (13), 8 (13A), 9 386 2014 industry (3) (e), 16 (3) (d), 16 (3) (e), 17
(2) (a), 17 (2) (c) and 72
42 2 April 2007 The supply of goods and/or services Sections 1, 7 and 11 395 by the travel and tourism industry
49 (Issue 2) 13 March Documentary proof required to
2014 substantiate a vendor’s entitlement to ‘input tax’ or a deduction as contem-
plated in s. 16 (2)
Section 1 de nition of ‘input 406 tax’ read with s. 16 (1), 16 (2)
and 16 (3)
52 (Issue 3) 10 March Tax periods Section 27 420 2014
56 (Issue 2) 31 March Recipient-created tax invoices; credit Sections 20 (2) and 21 (4) 424 2014 and debit notes
57 31 March Sale of an enterprise or part thereof as Sections 8 (7), 8 (16), 11 (1) 433 2010 a going concern (e) and 18A
61 29 March Remission of interest Section 39 (7) (a) 441 2011
70 18 March Supplies made for no consideration 2013
Section 1 de nitions of 446 ‘consideration’, ‘donation’ ‘en- terprise’, ‘input tax’ ‘taxable
supply’, ‘donation’, s. 10 (4)
and 10 (23)
81 (2) 9 April 2015 The supply of goods and services by Sections 7 (1) (a), 11 (1) (a) 467 professional hunters and taxidermists and 11 (2) (l)
to non-residents
82 25 March Input tax on motor cars Sections 1 (1), 17 (2) (c) and 471 2015 18
83 (2) 9 April 2015 Application of sections 20 (7) and Sections 20 (4), (5), (7), 21 (1) 484 21 (5) and (5)
84 26 March The value-added treatment of bets Sections 8 (13), 9 (3) (e), 488 2015 10 (17) and 16 (3) (d)
85 27 March The Master Currency case and the Section 11 (2) (l) 492 2015 zero-rating of supplies made to non-
residents