Stamp Duties Act, 1968 (Act 77 of 1968)
R 385
Customs and Excise Act, 1964 (Act No. 91 of 1964)Chapter IX : Value71. Value of certain specified goods |
| (1) | [Section 71(1) repealed by section 16 of the Tax Administration Laws Amendment Act, 2022 (Act No. 16 of 2022), Notice No. 1542, GG47827, dated 5 January 2023 - pending its repeal by the Customs and Excise Amendment Act, 2014 (Act No. 32 of 2014)] |
| (2) | Where any motor vehicle is imported by a natural person for his own use and not for sale, the Commissioner may, notwithstanding the provisions of section 65(1) and (4) but with due regard to the provisions of section 66, determine a value which shall, subject to a right of appeal to the court, mutatis mutandis in accordance with the provisions of section 65(6), be deemed to be the value for duty purposes of such vehicle: Provided that where any natural person who was the owner of and has used such motor vehicle in any territory outside the Republic, imports such vehicle into the Republic, from a territory other than the territory in which it was produced or manufactured, for his own use, and not for sale, the Commissioner may determine the value for duty purposes of such vehicle as if it were imported into the Republic from the territory in which it was produced or manufactured. |
