Page 560 - SAIT Compendium 2016 Volume1

Schedule 1
VALUE-ADDED TAX ACT 89 OF 1991 Schedule 1
ITEM NO
DESCRIPTION
2. All goods shall be re-exported—
(a) in the case of goods under an international carnet within the period of validity of such
carnet; and
(b) in the case of other goods within 6 months from the date of importation, thereof or within
such further period as the Commissioner may in exceptional circumstances, allow.
[Para. 2 substituted by s. 122 (c) of Act 31 of 2005.]
3. This exemption is allowed only if the Controller ensures that the tax is secured, in part or in full, by the lodging of a provisional payment or bond except where the Commissioner, in exceptional circumstances, otherwise directs, or in the circumstances contemplated in rule 120A.01 (c) of Chapter XIIA of the Rules under the Customs and Excise Act.
[Para. 3 substituted by s. 122 (c) of Act 31 of 2005.]
4. If proof is not furnished to the Commissioner that the goods have been duly re-exported within the time period prescribed in note no. 2, this exemption shall be withdrawn and tax, penalty and interest must be paid.
[Para. 4 substituted by s. 122 (c) of Act 31 of 2005.]
5. Notwithstanding this exemption, the importer shall remain liable for tax, until he proves that the goods have been duly re-exported or that the goods have been exported under the supervision of an of cer, as de ned in section 1 of the Customs and Excise Act.
6. On request by the importer, and subject to the permission of the Commissioner, temporary admission may be terminated by entering the goods for home consumption or by abandonment or destruction of the goods whereupon tax must be paid.
Containers and other articles used as packing, whether or not lled at the time of importation: Provided that such articles do not become the property of the importer
Goods for display or use at exhibitions, fairs, meetings or similar events
Professional equipment (including ancillary apparatus and accessories) owned by persons resident abroad, for use solely by or under the supervision of a visiting person
Welfare material for seafarers for cultural, educational, recreational, religious or sporting activities
Instruments, apparatus and machines (including accessories therefore), for use by institutions approved by the Commissioner, for scienti c research or education
Models, instruments, apparatus, machines and other pedagogic material (including accessories therefore) imported by institutions approved by the Commissioner, for educational or vocational training
Commercial samples owned abroad and imported for the purpose of being shown or demonstrated in the Republic for the soliciting of orders for goods to be supplied from abroad
GOODS TEMPORARILY ADMITTED SUBJECT TO EXPORTATION IN THE SAME STATE:
NOTES:
480.05/00.00/01.00
480.10/00.00/01.00 480.15/00.00/01.00
480.20/00.00/01.00 480.25/00.00/01.00 480.30/00.00/01.00
480.35/00.00/01.00
490.00
1.
2. 3.
4.
Goods shall be re-exported—
(a) in the case of goods under an international carnet within the period of validity of such
carnet; and
(b) in the case of other goods within 6 months from the date of importation thereof or
within such further period as the Commissioner may in exceptional circum stances,
allow.
This exemption is allowed only if the Controller ensures that the tax is secured, in part or in full, by the lodging of a provisional payment or bond except where the Commissioner, in exceptional circumstances, otherwise directs, or in: the circumstances contemplated in rule 120A.01 (c) of Chapter XIIA of the Rules under the Customs and Excise Act.
If proof is not furnished to the Commissioner that the goods have been duly re-exported within the time period prescribed in note no. 1, this exemption shall be withdrawn and tax, penalty and interest must be paid.
[Para. 3 substituted by s. 123 (a) of Act 31 of 2005.]
Notwithstanding this exemption, the importer shall remain liable for tax, until he proves that the goods have been duly re-exported or that the goods have been exported under the supervision of an of cer, as de ned in section 1 of the Customs and Excise Act.
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SAIT CompendIum oF TAx LegISLATIon VoLume 1