Remission of VAT penalties and interest
06 September 2017
With effect from the 25th August, through the enactment of LN 209 of 2017 it is possible to request a full/part remission of administrative penalties and interest imposed in terms of the VAT Act. The usual conditions below apply:
- The DG VAT Department must ascertain that the tax due was not paid within the prescribed period due to a reasonable excuse, so however that reliance placed on any other person to perform any task shall not constitute a reasonable excuse.