Page 551 - SAIT Compendium 2016 Volume1

Schedule 1 VALUE-ADDED TAX ACT 89 OF 1991 Schedule 1 ITEM NO DESCRIPTION
14. Any entry under item no. 407.06 must be supported by duly completed forms DA 304 and P1.160.
[Item no. 407.00 amended by s. 121 (d) and (e) of Act 74 of 2002, by s. 52 of Act 16 of 2004, by s. 118 (a), (b) and (c) of Act 31 of 2005 and by GN R766 of 24 July 2009 and substituted by GN R157 of 1 March 2011.]
407.01
407.01/00.00/01.01 407.01/00.00/01.02
407.02
407.02/00.00/01.00 407.02/00.00/02.00
407.02/22.00/01.00 407.02/22.00/02.00 407.02/24.02/01.00
407.02/24.03/01.00 407.02/33.03/01.00 407.02/00.00/01.00
407.02/00.00/02.00
407.04
407.04/87.00/01.00
407.06
407.06/00.00/01.00
Personal effects, sporting and recreational equipment, new or used:
Imported either as accompanied or unaccompanied passengers’ baggage by non-residents of the Republic for their own use during their stay in the Republic
Exported by residents of the Republic for their own use while abroad and subsequently re- imported either as accompanied or unaccompanied passengers’ baggage by such residents
[Item no. 407.01 added by s. 118 (d) of Act 31 of 2005.]
Goods imported as accompanied passengers’ baggage, including goods obtained at a licensed inbound duty and tax free shop either by non-residents or residents of the Republic and cleared at the place where such persons disembark or enter the Republic:
[Item no. 407.02 added by s. 118 (d) of Act 31 of 2005 and substituted by GN R766 of 24 July 2009.]
New or used goods, of a total value not exceeding R5 000 per person
[Item no. 407.02/00.00/01.00 added by s. 118 (e) of Act 31 of 2005 and substituted by GN R157 of 1 March 2011.]
Additional goods, new or used, of a total value not exceeding R20 000 per person
[Item no. 407.02/00.00/02.00 added by s. 118 (e) of Act 31 of 2005 and substituted by GN R157 of 1 March 2011.]
Wine not exceeding 2 litres per person
Spirituous and other alcoholic beverages, a total quantity not exceeding 1 litre per person Cigarettes not exceeding 200 and cigars not exceeding 20 per person
[Item no. 407.02/24.02/01.00 substituted by s. 118 (f) of Act 31 of 2005.] 250g Cigarette or pipe tobacco per person
Perfumery not exceeding 50 ml and toilet water not exceeding 250 ml per person .. .
[Item no. 407.02/00.00/01.00 placed after item no. 407.02/33.03/01.00 by s. 177 of Act 60 of 2001 and deleted by s. 118 (g) of Act 31 of 2005.*]
.. .
[Item no. 407.02/00.00/02.00 added by s. 58 of Act 30 of 2002 and deleted by s. 118 (g) of Act 31 of 2005.*]
Motor vehicles imported by natural persons for own use on change of permanent residence to the Republic:
[Item no. 407.04 added by s. 118 (h) of Act 31 of 2005.]
One motor vehicle per family, imported by a natural person for his or her personal or own use,
who permanently changes his or her residence to the Republic and—
(i) provided the vehicle so imported is the personal property of the importer and has personally been owned and used by him or her for a period of not less than 12 months prior to his or her departure to the Republic; and
(ii) provided the vehicle is not offered, advertised, lent, hired, leased, pledged, given away, exchanged, sold or otherwise disposed of within a period of 20 months from the date of importation
Goods imported by natural persons for own use on change of residence to the Republic:
Household furniture, other household effects and other removable articles, including equipment necessary for the exercise of the calling, trade or profession of the person, other than industrial, commercial or agricultural plant and excluding motor vehicles, alcoholic beverages and tobacco goods, the bona de property of a natural person (including a returning resident of the Republic after an absence of six months or more) and members of his or her family, imported for own use on change of his or her residence to the Republic: Provided that these goods are not disposed of within a period of six months from the date of importation
[Item no. 407.06 added by s. 118 (i) of Act 31 of 2005.] *See item 407.02/00.00/00.01, inserted by s. 118 (e) of Act 31 of 2005, above.
SAIT CompendIum oF TAx LegISLATIon VoLume 1 543
VALUE-ADDED TAX ACT