| (a) |
In calculating the value for excise duty purposes of goods specified in terms of section B of Part 2 of Schedule No. 1 (excluding the items in section 69(1)(a)) on the basis of the invoice price contemplated in section 69(1)(d) and (e) there may be deducted from the final price stated on such invoice as contemplated in paragraph (b), in terms of the provisions of that section, the percentage stated in each case in respect of the following of such items— |
| (i) |
55 per cent in respect of items 118.15 and 118.20; |
[Rule 66.01(a)(i) substituted by section 12(a) of Notice No. R.938, GG43661, dated 28 August 2020]
| (ii) |
20 per cent in respect of item 124.05; |
[Rule 66.01(a)(ii) substituted by section 12(b) of Notice No. R.938, GG43661, dated 28 August 2020]
| (iii) |
30 per cent in respect of items 124.40, 124.70 and 124.75; and |
| (iv) |
50 per cent in respect of cellular telephones other than those designed for use when carried in the hand or on the person which were dutiable in terms of item 124.66 and which were removed from a customs and excise warehouse during the period from 1 July 2002 to 30 June 2004. |
| (b) |
All particulars in respect of any discount, credit or other remission or any other information whatever which relates to the invoiced price of the goods reflected on such invoice shall be fully and completely be set out on such invoice which invoice shall indicate the full and final price of such goods. |
| (c) |
No discount, remission or credit which is not equally available to every potential participant in the normal course of trade in the market for the goods shall be deducted when the value for excise duty purposes of such goods is ascertained or determined. |
| (d) |
Notwithstanding the provisions of paragraph (c), no discount is deductible from the invoice price in respect of any goods specified in the items stated paragraph (a)(i). |
Special Investigating Units and Special Tribunals Act, 1996
