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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

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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