Vat 201 Form Download Sars

Vendor Declaration. FOR PERSONAL RECORDS ONLY. I declare that the information given on this form is complete and correct. Jun 30, 2010  The South African Revenue Service (Sars) has announced a new form for the remittance of Value Added Tax (VAT). The VAT 201 form became available on e-filing on 28 June 2010. The form will affect all vendors, specifically those involved in the import and export of goods.

The New VAT Return Form Has Arrived In a bid to align with international best practice, SARS introduced a new VAT return form (VAT 201) on 28 June 2010. Frontline commando free download. The new VAT 201 form requires the separate declaration of Value-Added Tax in respect of the import and export of goods into and out of the Republic of South Africa.Although the 2010 Taxation Laws Second Amendment Bill proposes that the VAT Act be amended to allow vendors to account for VAT on imported services on their VAT return (as opposed to the completion of a separate return), no such separate disclosure for imported services is required on the new form. The changes to the VAT 201 form will impact all vendors, but specifically vendors involved in the import and export of goods.These vendors will now be required to indicate separately on their VAT forms the value of all transactions involving the import and the export of goods.