Customs

Draft Tax Laws

Sars on 1 September 2015 informed of the Standing Committee on Finance’s (SCoF) invitation for written submissions and requests to make oral presentation on the Draft Taxation Laws Amendment Bill and the Draft Tax Administration Laws Amendment Bill to reach the SCoF by no later than 12:00 on 14 September 2015. Both Bills contain proposed amendments to the Customs and Excise Act, 1964, the Customs Duty Act, 2014 and the Customs Control Act, 2014.

New Customs Legislation
In a Sars letter titled “UPDATE ON NEW CUSTOMS LEGISLATION” dated 14 August 2015 Sars chief officer: legal and policy stated: “We are currently setting a date for the next rules workshop which we hope to have within the next few weeks to discuss comments on the Duty Act rules.” The letter also stated: “We will soon be launching a dedicated web page on the Sars website for updates on the new Customs legislation …”. At the time of preparation of this column the date for the next rules workshop was not known, nor was there any information on the launch of a dedicated web page.

SA Customs Buzz