Page 505 - Juta's Indirect Tax

BP RULING NO
DATE
NAME/SUBJECT
SECTION OF VAT ACT
026
19 February 2009
Sale of land subject to a lease with assignment of that lease – going concern subdivision of land and the subsequent transfer for no consideration portion of the business which will be acquired for purposes other than for use, consumption or supply in the course of making taxable supplies
Sections 10(4), 10(23), 11(1)(e) and 18A(1)
017
14 July 2008
The supply of trophy, accommodation and services to a person who is not a resident of the Republic
Sections 11(2)(l) and 72
009
6 March 2008
Sale of an administration business
Section 11(1)(e)
072
26 January 2010
VAT implications with regard to quali ed goods imported for processing and the subsequent exportation of the end products
Section 13(3), item 470.01/00.00/01.00 of First Schedule
BINDING GENERAL RULINGS – Table of Contents (numerical)
BG RULING DATE NAME/SUBJECT SECTION OF VAT ACT PAGE NO
1 30 November VAT rulings Section 41 (c) 499 2006
2 1 January 2007 General written rulings and written decisions Sections 41 and 72 499
3 4 December 2007 Transitional arrangements for municipalities: Sections 28 and 72 500 returns and payment of tax in respect of
supplies which became taxable for the rst time during the transition period
4 (Issue 3) 27 March 2015 Apportionment methodology to be applied Section 1 de nition of ‘input 502 by Category A municipalities tax’ and s. 17 (1)
5 25 March 2011 Discounts, rebates and incentives in the Sections 1, 20 and 21 504 motor industry
6 (Issue 2) 19 June 2012 Discounts, rebates and incentives in the fast Sections 1, 20 and 21 505 moving consumable goods industry
11 01 September Use of an exchange rate Sections 9, 10, and 20 507 2012
12 22 March 2013 Input tax on the acquisition of a non-taxable Section 1 (1) - de nition of 508 supply of second-hand motor vehicles by ‘input tax’
motor dealers
13 (Issue 2) 26 March 2014 Calculation of VAT for certain betting Sections 8 (13), 16 (3) (d) and 509 transactions 16 (4)
14 22 March 2013 VAT treatment of speci c supplies in the Sections 1, 7, 8, 9, 11, 16, 20 510 short-term insurance industry (with effect and 21
from 1 July 2013)
15 (Issue 2) 31 March 2014 Recipient-Created Tax Invoices, Credit and Sections 20 (2) and 21 (4) 513 Debit Notes
16 (Issue 2) 30 March 2015 Standard Apportionment Method Section 17 (1) 514
17 27 March 2013 Cancellation of registration of separate Sections 1 (1), 8 (2) and 50 515 enterprises, branches and divisions
18 27 March 2013 The zero-rating of various types of dates Section 11 (j) and Item 13 in 516 Part B of Schedule 2
19 (Issue 2) 10 March 2014 Approval to end a tax period on a day other Section 27 (6) 517 than the end of the month
21 11 March 2014 Address to be re ected on a tax invoice, Section 20(4), (5), (5A) and 518 credit and debit note 21(3), (8)