Page 557 - SAIT Compendium 2016 Volume1

Schedule 1
VALUE-ADDED TAX ACT 89 OF 1991 Schedule 1
ITEM NO
413.02/00.00/01.00
413.03/00.00/01.00 413.04/00.00/01.00
413.05/00.00/01.00
413.06/00.00/01.00
414.00
DESCRIPTION
Goods, including consumable goods and promotional material individually of little value imported by qualifying persons not for sale but for consumption, use or distribution in connection with the Championship.
Samples of consumable and semi-durable goods imported by a qualifying person not for sale, but for distribution at any site during the Championship.
Household furniture, other household effects and other removable articles, excluding alcoholic beverages and tobacco goods, including equipment necessary for the exercise of his or her calling, trade or profession and one motor vehicle, the bona de property of any employee, not resident in the Republic for income tax purposes, of any qualifying person and members of his or her family, imported for own use on his or her temporary secondment to the Republic for purposes of the 2010 FIFA World Cup South Africa.
Goods of any description cleared under items 413.01, 413.02, 413.03 and 413.04 unconditionally abandoned to the Commissioner or goods destroyed with the permission of the Commissioner: Provided that the Commissioner may decline to accept abandonment or grant permission for destruction.
Goods of any description cleared under items 413.01, 413.02, 413.03 and 413.04 unconditionally donated to a person exempt from income tax in terms of section 10 of the Income Tax Act, or any public bene t organisation as contemplated in paragraph (a) of the de nition of ‘public bene t organisation’ in section 30 (1) of that Act that has been approved by the Commissioner in terms of section 30 (3) of that Act: Provided that if the goods are disposed of by that person or public bene t organisation within ve years from the date of acquiring such donation, tax shall be payable as contemplated in Note 3.
[Item 413.00 inserted by s. 89 of Act 20 of 2006.]
IMPORTED GOODS ADMITTED UNDER REBATE OF DUTY FOR CONSUMPTION OR USE AT AN INTERNATIONAL SPORTING EVENT APPROVED BY THE MINISTER, WHEN IMPORTED AND ENTERED BY THE CONTROLLING BODY OF A PARTICIPATING VISITING TEAM, A TEAM DOCTOR, AN OFFICIAL SPONSOR OF THE EVENT OR THE HOST OF THE EVENT ON BEHALF OF A PARTICIPATING VISITING TEAM
NOTES:
1. The event may be approved by the Minister having regard to—
(i) the foreign participation in that event; and
(ii) the economic impact that event may have on the country as a whole.
2. “Of cial sponsor” means a sponsor of the event appointed by— (i) the international organiser of the event; or
(ii) the host of the event in the Republic.
Pharmaceutical goods (including medicaments) imported by—
(i) a controlling body of a participating visiting team;
(ii) a team doctor of a participating visiting team accredited by the Department of Health;
or
(iii) the host of the event on behalf of a participating visiting team,
in such quantities as the Department of Health may allow by speci c permit.
Non-alcoholic beverages and foodstuffs imported by a controlling body of a participating visiting team or the host of the event on behalf of a participating visiting team, for consumption by members of the team during their stay.
Promotional material, individually of little value, imported by an of cial sponsor of the event or the host of the event on behalf of an of cial sponsor, not for sale but for distribution or use at an event venue.
[Item 414 inserted by GN R1072 of 14 December 2012.]
GOODS IMPORTED OR CLEARED FROM A CUSTOMS AND EXCISE WAREHOUSE FOR THE EXPLORATION FOR PETROLEUM OR PRODUCTION OF PETROLEUM AS CERTIFIED BY THE DIRECTOR-GENERAL: MINERAL RESOURCES
Goods imported or cleared from a Customs and Excise warehouse by a person who—
(i) is certi ed by the Director-General: Mineral Resources or Chief Executive Of cer of the agency designated in terms of section 70 of the Mineral and Petroleum Resources
Development Act, 2002 (Act 28 of 2002) to be a person who, in the Republic—
414.01/00.00/01.00
414.02/00.00/01.00 414.03/00.00/01.00
460.23
SAIT CompendIum oF TAx LegISLATIon VoLume 1 549
VALUE-ADDED TAX ACT