Files
| Attachment | Size |
|---|---|
| act-89-1990.pdf | 2.94 MB |
89 of 1990
The Taxation Law Amendment Act 89 of 1990 intends:
- to amend the Sales Tax Act, 1978 [repealed in 1991], so as
- to further define "exported", "goods" and "specified country";
- to further provide for exemption from silles tax;
- to further regulate the reduction of the taxable value placed on any sale of goods relating to delivery charges;
- to provide for condonation of delays in lodging requests for referrals to a sales tax advisory committee and in lodging notices of appeal against the disallowance of objections;
- to further provide for amendments of the grounds of objection at the hearing of appeals;
- to further regulate the payment of interest on any refund of sales tax as a result of an appeal;
- to make new provision for prosecution in cases where sales tax is included or added on by an unregistered vendor to the price or amount charged in respect of certain transactions not leviable with such tax and such vendor fails to pay the tax to the Commissioner for Inland Revenue; and
- to amend Schedule 1 to the said Act;
- to amend the Regional Services Councils Act, 1985, to make other provision in connection with the delegation by a regional services council of certain of its powers;
- to amend the Taxation Laws Amendment Act, 1988, in order
- to extend certain periods of exemption from stamp duty and transfer duty in respect of certain registrations of transfer of marketable securities or acquisitions of property consequent upon the rationalization of a group of companies;
- to provide for a single exemption from stamp duty and transfer duty in respect of the privatization of the Deciduous Fruit Board; and
- to provide for matters connected therewith.
Commencement
4 July 1990
