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RESEARCH & EDUCATION

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Developments
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

PUBLICATION TITLE
"VAT Rebate Guidance"
VAT Diesel Rebate
SCOPE (GEO)
Vat Act of 1990
Section 1255
RISKS PERSPECTIVE
ACT OR TREATY
PUBLICATION DATE
31 Jul 2022
ACT OR TREATY AFFECTED
South Africa
SCOPE TAXPAYER
Vat Registered Farmers

SOURCE:
DETAILS
VAT DIESEL REBATE GUIDANCE CHANGED
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