Customs

Draft Rule Amendment – Value of Goods Exported – Comment due

On 06 November 2015 Sars called for comment on the amendment of Rule 73 ‘Currency conversion’ to the Customs and Excise Act, 1964 on which comment is due by 20 November 2015. The proposed rule amendment extends currency conversion to the value of goods exported if that value is expressed in a foreign currency.

SA Customs Buzz