South Africa Lifts VATs, Import Duties for Essential Goods
Imports of essential goods needed to combat the spread of COVID-19 will be exempt from import taxes and value-added taxes in South Africa, according to an April 1 alert from KPMG. The changes, announced by the South African Revenue Service…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
in late March, will also provide a “full rebate” on customs duties for imports of certain goods, including those needed for “relief of distress” of persons during a natural disaster, KPMG said. The goods include certain foods, chemicals needed for production of food products, cleaning and personal hygiene products (and chemicals needed to produce them), hand sanitizers, disinfecting soap, medical products and hospital equipment, fuel and “basic goods,” such as electricity.