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Diamond Export Levy (Administration) Act, 2007 (Act No. 14 of 2007)

Part II : Registration, returns and payments

7. Maintenance of records

 

 

(1) In addition to the records required under the Tax Administration Act, every registered person must retain the following records—
(a) the original note of receipt or purchase in respect of an unpolished diamond as described in section 56 of the Diamonds Act;
(b) a register in respect of unpolished diamonds as described in section 57 of the Diamonds Act;
(c) a record of all unpolished diamonds imported into or exported from the Republic by that person with sufficient detail to identify diamonds, values, purchasers and sellers involved;
(d) a copy of any temporary exemption certificate described in section 5 of the Levy Act;
(e) a copy of any exemption from section 48A of the Diamonds Act pursuant to section 74 of that Act;
(f) a copy of any permit to export granted pursuant to section 26(h) of the Diamonds Act;
(h) any ledger, cash book, journal, cheque book, bank statement, deposit slip, paid cheque, invoice, other book of account, or financial statement; and
(i) any other information required by the Commissioner or the Regulator.

 

(2) [Deletion of subsection (2) by the Tax Administration Act, 2011 (Act No. 28 of 2011)]

 

(3) [Deletion of subsection (3) by the Tax Administration Act, 2011 (Act No. 28 of 2011)]