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Income Tax Act, 1962 (Act No. 58 of 1962)


2006 Notices

Special Tax Measures relating to 2010 FIFA World Cup South Africa

Part VI :  Provisions relating to importation and re-exportation of goods

13. FIFA import duty rebate arrangements


(a) This paragraph relates to goods imported under rebate of duty by a qualifying person or employee as contemplated in Part 1A of Schedule No. 4 to the Customs and Excise Act, 1964, as inserted by Schedule 2 to the Revenue Laws Amendment Act, 2006.
(b) In this paragraph ‘‘rebate provisions’’ means the provisions for rebates of duty referred to in Part 1A of Schedule No. 4 to the Customs and Excise Act, 1964.


(2) Notwithstanding anything to the contrary contained in the Customs and Excise Act, 1964 —
(a) the importation of goods under rebate of duty, the sale or other disposal of or use of such goods, any requirement in connection therewith, payment of any duty thereon and the value for duty purposes when duty becomes payable shall, subject to this paragraph, be in accordance with the rebate provisions of the said Part 1A of Schedule No. 4 and where that part does not otherwise provide, the provisions of section 75 of that Act;
(b) any cost or market value contemplated in the rebate provisions shall be proved by the importer and may be determined by the Commissioner;
(c) the Commissioner may make rules under section 120 of that Act regarding any matter which is necessary to prescribe or useful to achieve the efficient and effective administration of this paragraph and the rebate provisions.


(3) The Commissioner may conduct inspections and audits to verify whether any goods admitted under the rebate provisions concerned have been, or are being, sold or used in accordance with the provisions of those items.


(4) Except as otherwise contemplated in this paragraph, the provisions of the Customs and Excise Act, 1964, shall apply for the purposes of administering the provisions of this paragraph and any rebate provisions.