REBATE OF DUTY BEING ABUSED : MTHULI
GOVERNMENT has tightened the conditions for businesses
benefiting from the rebate of duty facilities amid concerns over lack of
transparency and accountability, which has seen some beneficiaries making false
declarations and flouting tax regulations am…
GOVERNMENT has tightened the conditions for businesses
benefiting from the rebate of duty facilities amid concerns over lack of
transparency and accountability, which has seen some beneficiaries making false
declarations and flouting tax regulations among other unethical practices.
Since 2009 to date, the Government, through the national
budget, has availed tax rebates and Value Added Tax (VAT)