On 07 December 2012 the South African Revenue Service (Sars) announced the amendment of Rebate Item 470.00 in Schedule No.4 to the Customs and Excise Act (Act), relating to exemptions on the importation of goods temporarily admitted for processing, repair, cleaning, reconditioning or manufacture of goods exclusively for export. The amendments relate to the amendment of a Value-added Tax (VAT) provision (paragraph 8 of Schedule 1 of the Value-added Tax Act), and the deletion of Rebate Item 470.01/00.00/01.00 of the Act and the substitution to notes 1 to 5 to Rebate Item 470.00 to the Act. The amendment relates to the deletion of Rebate Item 470.01/00.00/01.00 to the Act “Goods for processing, provided such goods do not become the property of the importer”, and to regulate the exemption from VAT on such goods.