The Government Gazette of 14 December 2012 also contained a notice of the amendment of paragraph 8 of Schedule 1 to the Value-added Tax Act (VAT) in terms of section 74(3)(a) to insert item 414.00 as a consequence of the amendment in Schedule No.4 to the C&E Act. The intention of the amendment is to exempt from VAT the importation of goods for consumption or use in an approved international sporting event. The VAT Act contains the wording as per Schedule No.4 to the C&E Act. The amendment is imposed with retrospective effect from 01 November 2012.