28 Mar 2018 / South Africa
[South Africa’s] National Treasury announced an increase in the Value Added Tax (VAT) from 14% to 15%, effective 1 April 2018.
Please be advised that all tariffs including terminal handling charges, miscellaneous charges and storage charges, are subject to VAT and will be automatically adjusted with effect on 1 April 2018.
(For information about operations in South African ports, contact GAC South Africa at [email protected])
Source: Transnet Port Terminals letter - March 2018
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