Today I talk to Christo Theron about rebate item 412.11 and VAT. Christo is a VAT expert and the founder of TradeTaxPlus. If you intend importing anything under rebate item 412.11, be sure to watch this video.
Spoiler alert! You need to charge VAT even if you import goods under rebate item 412.11 and receive VAT relief on import.
Update to rebate item 412.11 – Essential goods
You can’t apply for a rebate of duty under rebate item 412.11 on any item currently attracting an anti-dumping or safeguard duty, or which is currently under investigation by ITAC.
Update to rebate item 621.08 – Alcohol sold to manufacture disinfectant
The rebate can only be granted to companies who are registered with SARS for excise. Given that most disinfectant manufacturers are not using potable alcohol to make disinfectant, many of these companies will first need to register with SARS for excise and only then apply for the rebate.
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