Administration of Estates Act, 1965
R 385
Value-Added Tax Act, 1991 (Act No. 89 of 1991)RegulationsExport Incentive SchemePart One: Procedures for Granting of Refunds of Tax to Qualifying Purchasers Residing in or Conducting Business in Export Countries1.6 Commission in Respect of Refunds |
The V1PA will deduct a commission from the tar refundable to the qualifying purchaser to cover the administration costs of The Scheme. In terms of the tender the commission will be calculated at a rate of 1,5 per cent of the VAT inclusive price, with a minimum charge of R10 and a maximum charge of R250 per refund.