25. SARS VAT Vendors Guide.pdf

Diesel refund scheme 20 chapter 3 tax which tax

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Diesel refund scheme .............................................................................................................. 20 Chapter 3 Tax periods ..................................................................................................... 22 3.1 Which tax periods are available? ............................................................................................. 22 3.1.1 Two-monthly tax period (Category A or B) ............................................................................... 22 3.1.2 Monthly tax period (Category C) .............................................................................................. 22 3.1.3 Six-monthly tax period (Category D) ........................................................................................ 23 3.1.4 Annual tax period (Category E) ................................................................................................ 23 3.1.5 Four-monthly tax period (Category F) ...................................................................................... 23 3.2 Allocation and change of tax periods ....................................................................................... 24 3.2.1 New registrations ..................................................................................................................... 24 3.2.2 Change of circumstances after registration ............................................................................. 24 3.3 The 10-day rule ........................................................................................................................ 24 Chapter 4 Accounting basis ............................................................................................ 26 4.1 Introduction .............................................................................................................................. 26 4.2 Invoice basis ............................................................................................................................ 26 vi
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