SARS released its ‘Customs External Policy Refunds and Drawbacks’, effective from 29 March 2019. According to the Policy, SARS provides for the refund and drawback of duties and taxes on goods, and allows clients to apply for a refund within a timeperiod prescribed within Sections 75 and 76 read together with Section 76B of the Act, 1964.
Story by: Riaan de Lange