On 01 November 2010 Sars released its External Policy – Duty and Tax Free Shops External Policy. This document addresses: (i) The distinction between inbound and outbound duty free and tax free shops; (ii) The location of duty and tax free shops; (iii) The initial import clearance placing the goods under the warehousing regime; (iv) The warehouse accounting principles required for all goods taken on hand in the warehouse facility, including the picking phase and documents relating to the removal from the storage area to the retail outlet; (v) The movement of the goods to the retail outlet; (vi) Traveller sales transactions, including minimum information required; (vii) Delivery of the forms SAD 500; and (viii) The transitional arrangement for inbound duty and tax free shops.
