? SARS' New Advanced Payment Notification System
Import Export License South Africa
Customs registrations you can count on.
Advance Payment Notification (APN) for Imports
Legalised in 2021, SARS'?Advance Payment Notification (APN) system is now operational and SARS is working towards making it mandatory by the end of the year. Designed to combat illicit financial practices in imports, all prepayments for imported goods now need to be registered on e-filing beforehand. This article details the application requirements?and a step-by-step guide for obtaining an APN reference number.
YOUR QUESTIONS ANSWERED
I've sold CPT by road, some of the goods were lost in transit before the border, the balance has arrived but possibly damaged. The Buyer refuses to receive these and refuses to pay me. What is my position?
In any model, the “Seller” is only one of several roles you may take. While the commercial term used by the Seller and Buyer may guide us on the Seller’s position, it will not influence your risks and obligations in respect of your other responsibilities.?Find the answer as supplied by Freight Training.?
INDUSTRY NEWS?
East African governments to fast track single currency
East African governments plan to have?a single East African currency?by 2031, to eliminate transaction costs of exchanging currencies and remove volatility in cross-border trading activity.
Facelift for land ports of entry
Home Affairs Minister says officials are committed to making the?country's border posts safer, less porous and more efficient, to facilitate trade and the movement of people.
Expansion and development at the Port of Cape Town
The proposed?Culemborg Intermodal Logistics Precinct?to create additional back-of-port capacity and increase mixed-use functionality.
SARS and Legislative Updates
SARS: Withdrawal of Through Bill Concession
SARS' Through Bill Concession has been discontinued, as per?SARS' response letter to the MSC.?
New SARS Service Charter
SARS has a new annual Service Charter with effect from 1 September 2023.?
Guide for Tax Rates, Duties and Levies
his guide provides a current and historical view of the rates of various taxes, duties and levies collected by SARS.?
Updated Drawback and Refund Guide
This updated guide includes the electronic submission of refunds and drawbacks which SARS is now making operational.
Foreign Exchange Account
Your foreign exchange account is the best means of international payment: