Newsflash: Recovery of certain customs and excise duties and VAT on looted or destroyed goods
This article has been supplied.
If you had goods in a bond store or any other Customs warehouse and they were looted or destroyed, you may be able to recover certain customs and excise duties and VAT on both locally-manufactured or imported goods.
We can assist by helping you:
- assess whether you comply with the conditions of rebate/refund provisions and any insurance claim impact;
- handle the administrative requirements of informing SARS about the damage, destruction, and loss of goods;
- Apply for the relief available in terms of the Customs and Excise Act.
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Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
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Recieve daily email newsletters
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Access to full search results
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Access archive of magazine back copies
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Access to Projects in Progress
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Access to ONE Research Report of your choice in PDF format
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SUBSCRIBEAll benefits from Option 1
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Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
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Water
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Energy Transition
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Hydrogen
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Roads, Rail and Ports
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Coal
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Gold
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Platinum
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Battery Metals
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etc.
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