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IN 31 (3) VaLue-added tax act: InterPretatIOn nOtes IN 39 (2)
(b) The name, address and VAT registration number of the supplier;
(c) An individual serialised number and the date upon which the tax invoice is issued;
(d) A description of the goods (indicating, where applicable, that the goods are second-hand goods) or services
supplied;
either—
the value of the supply, the amount of tax charged and the consideration for the supply; or
where the amount of tax charged is calculated by applying the tax fraction to the consideration, the consideration for the supply and either the amount of the tax charged, or a statement that it includes a charge in respect of the tax and the rate at which the tax was charged:
Provided that this subsection shall not apply to a supply that is charged with tax under section 11.
Annexure B – Glossary
For the purposes of this Note, the following words and phrases have the meaning as described below:
A copy of the airfreight transport document, which must, amongst others, re ect the ight number, the date and the place of departure, includes an air waybill;
A copy of the sea freight transport document duly stamped where applicable or endorsed that the goods have been shipped on board, which must, amongst others, re ect the vessel’s name, the date and the place of departure, includes – • a bill of lading
• a waybill etc.
Customs Controlled Area Enterprise (CCAE) is either a –
• ‘CCAE Rebate Manufacturer’ being a CCAE operating a licensed Customs and Excise manufacturing warehouse in
a CCA of an IDZ; or
• CCAE Rebate Stockist’ being a CCAE operating a special licensed Customs and Excise warehouse in order to supply
registered rebate manufacturers with rebated goods.
Proof of export refers to the documentary proof as required by Interpretation Note No. 30 (Issue 2) dated 15 March 2006 or the Scheme and includes the export and acquittal documentation prescribed under the Customs and Excise Act, 1964, as set out in the Customs and Border Management – External Policy Number SC-EX-01-03 Exports, the Customs and Border Management – External Policy Number SC-TR-01-02 Acquittal of Customs Declarations read with the Customs and Border Management – Annexure Number SC-TR-01-03-A06 Acquittal Document Requirements;
Proof of payment, includes –
• where forex is the means of payment, the Exchange Control declaration form from the South African Reserve Bank; • proof of a bank deposit, details of a cheque payment or con rmation of an electronic bank transfer;
• in respect of a loan account, depending on whose loan account, the crediting or debiting thereof; or
• a supply of goods, i.e. a barter transaction.
Proof that the movable goods are situated outside the Republic at the time of supply, includes –
• a transport document, e.g. a document indicating, amongst others, the country of dispatch and the country of receipt.
The recipient’s order or the contract between the recipient and the vendor includes – • telephone and email orders; or
• picking slips generated as a result of a telephonic order by the customer;
Transport document, includes –
• a road transport contract;
• a copy of the sea freight transport document; • a copy of the airfreight transport document; • a Post Of ce receipt;
• a railway consignment note, etc.
INTERPRETATION NOTE: NO. 39 (Issue 2)
DATE: ACT: SECTIONS: SUBJECT:
Preamble
1. Purpose
2. Introduction 2.1 Background
8 February 2013
VALUE-ADDED TAX ACT 89 OF 1991 (the Act) SECTIONS 1 (1), 8, 11, 16, 18, 23 AND 40A
VAT TREATMENT OF PUBLIC AUTHORITIES, GRANTS AND TRANSFER PAYMENTS
CONTENTS
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Juta’s IndIrect tax 2016