Page 548 - SAIT Compendium 2016 Volume1

Schedule 1 VALUE-ADDED TAX ACT 89 OF 1991 Schedule 1
Pendlex (to come into operation on a date to be determined)
(a) foodstuffs set forth in Part B of Schedule 2 to this Act, but subject to such conditions as may be prescribed in the said Part; or
(b) goods referred to in section 11 (1) (f), but provided that such goods are supplied to and imported by the South African Reserve Bank, the South African Mint Company (Proprietary) Limited or any bank registered under the
Banks Act, 1990 (Act 94 of 1990); or
(i) fuel levy goods referred to in fuel levy item no.—
(aa) 195.10.03: Petrol as de ned in Additional Note 1 (b) to Chapter 27 in Part 1 of Schedule 1 to the Customs and Excise Act;
(bb) and (cc) . . .
(dd) 195.10.17: Distillate fuel, as de ned in Additional Note 1 (g) to Chapter 27 in Part 1 of Schedule 1 to the
Customs and Excise Act;
(ee) 195.20.01: Biodiesel as de ned in Additional Note 1 (a) to Chapter 38 in Part 1 of Schedule 1 to the
Customs and Excise Act; and
(ff) 195.20.03: Other biodiesel,
in Part 5A of Schedule 1 to the Customs and Excise Act; or
[Item (i) substituted by s. 53 (1) (a) of Act 9 of 2006.]
(ii) petroleum oil and oils obtained from bituminous minerals, known as crude, referred to in tariff heading no.
27.09 in Part 1 of Schedule 1 to the Customs and Excise Act, when supplied and imported for the purposes of being re ned for the production of fuel levy goods as de ned in section 1 of the Customs and Excise Act; or
(iii) . . .
[Item (iii) deleted by s. 53 (1) (b) of Act 9 of 2006.]
(iv) illuminating kerosene (marked) as de ned in Additional Note 1 (f) to Chapter 27 in Part 1 of Schedule 1 to the
Customs and Excise Act, referred to in fuel levy item no. 195.10.13 in Part 5A of Schedule 1 to the Customs and Excise Act and which are [sic] not mixed or blended with another substance.
[Item (iv) substituted by s. 53 (1) (c) of Act 9 of 2006.] [Para. 7 substituted by s. 115 of Act 31 of 2005.]
8. In this paragraph, goods exempt from the levying of tax, are identi ed by heading numbers or rebate items and the descriptions as contemplated in Schedule 1 and Schedule 4 to the Customs and Excise Act, respectively. In some instances the exemptions below contain additional requirements or limitations or relaxations which differ from the Customs and Excise Act. Where any provisions of the Customs and Excise Act and the Schedules thereto provide otherwise, the provisions of this Schedule shall prevail.
In order to qualify for an exemption—
(i) the goods must fall under one of the descriptions below;
(ii) any requirements or limitations contained in that particular description must be complied with; and
(iii) the Notes below must be complied with,
regardless of whether or not the goods are required to be entered, customs duty is payable or a rebate of customs duty is granted in terms of the Customs and Excise Act.
(c)
SUBHEADING
4907.00.30 4911.10.20
ITEM NO 406.00
DESCRIPTION
NOTES:
1. The following exemptions, identi ed by Subheadings, shall be subject to
the Notes as contemplated in Schedule 1 to the Customs and Excise Act.
[Note 1 amended by s. 116 of Act 31 of 2005.] [Subheadings 2709.00, 2710.11.03, 2710.11.05, 2710.11.30 and 3811.11 deleted by s. 116 of Act 31 of 2005.]
Travellers’ cheques and bills of exchange, denominated in a foreign currency
Publications and other advertising matter relating to fairs, exhibitions and tourism in foreign countries
DESCRIPTION
GOODS IMPORTED FOR DIPLOMATIC AND OTHER FOREIGN REPRESENTATIVES:
NOTES:
540
1. 2.
This exemption (excluding item no. 406.03) is conditional upon reciprocal treatment accorded by the government of the mission or person requiring this exemption.
This exemption (excluding item no. 406.03) is allowed only if the Director-General: Foreign Affairs or an of cial acting under his or her authority has certi ed that a person requiring this exemption is listed in the register maintained by the Department of Foreign Affairs in accordance with the Diplomatic Immunities and Privileges Act, 2001.
[Para. 2 substituted by s. 117 (b) of Act 31 of 2005.]
SAIT CompendIum oF TAx LegISLATIon VoLume 1