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Section 1255

SARS ISSUES NEW GUIDANCE ON VAT DIESEL REBATES

The South African Revenue Authority issues new guidance on the VAT diesel rebated based on a new judgement made by the High Court. This judgment created a new precedent whereby farmers can only become eligible for the diesel rebate is diesel is obtained from their own stores and not when obtained from a depot outside of the farm.

South Africa

RELEVANT SECTION OR ARTICLE

TOPIC

AdobeStock_PUBLICATION 2_edited.jpg

PUBLICATION TITLE

"VAT Rebate Guidance"

VAT Diesel Rebate

SCOPE (GEO)

Vat Act of 1990

Section 1255

RISKS PERSPECTIVE

ACT OR TREATY

PUBLICATION DATE

1 Aug 2022

ACT OR TREATY AFFECTED

South Africa

SCOPE TAXPAYER

Vat Registered Farmers

SOURCE:

DETAILS

VAT DIESEL REBATE GUIDANCE CHANGED


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