Section 37A: Penalty on amount claimed in assessment
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
37A. Penalty on amount claimed in assessment
Where an assessment is made under section 37, the amount of any tax
claimed by the Director-General, excluding any penalty under sections 15A,
24 (9), 26, 26A and 27 and any interest under section 27A, shall carry a
penalty not exceeding 50 per cent and such penalty shall be part of the tax
claimed.
[S. 37A inserted by s. 31 (l) of Act 15 of 2006 w.e.f. 1 October 2006; repealed and replaced
by s. 69 (i) of Act 11 of 2018 w.e.f. 9 August 2018.]
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Questions this section answers
- Does a VAT assessment against me carry an extra penalty on top of the tax claimed?