The taxman has announced new measures targeting low-cost e-commerce clothing importers and others.
The tax authority said late on Thursday that had “noted legitimate concerns” regarding the importation of clothing via e-commerce platforms. It said “a number of importers” – it didn’t name them – have not been paying “obligatory” customs duties and VAT on these imports, “resulting in unfair competition with other industry players”.
In the early 1990s, the WCO developed a set of release and clearance procedures known as the “WCO Guidelines on Immediate Release”, it explained. From 1 September, Sars will introduce VAT on these goods, in addition to the current 20% flat rate, as an “immediate interim measure” aimed at protecting South African businesses.Then, from 1 November, it will reconfigure the 20% flat rate in line with the WCO regime, with “appropriate rates”, it said, without providing specifics.
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