n Tax Breaks Newsletter - Imports & exports : SARS goes all out to combat illegal trade

Volume 2005, Issue 237
  • ISSN :



Extracted from text ... IMPORTS & EXPORTS: SARS GOES ALL OUT TO COMBAT ILLEGAL TRADE DELOITTE Indirect Tax advised recently that there is a renewed sense of urgency at SARS with regard to indirect tax matters within the import and export industry, and the Revenue Service has now taken action to combat illegal trade in the industry. Testimony to this was the recent cordoning off of Dragon City in Johannesburg, which was followed by spot searches of persons, documentation and goods, and immediate investigations that resulted in several arrests for alleged fraud and misrepresentation with regard to imports and exports. Indeed, the Commissioner ..

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