Section 9A: Deferred payment of VAT at importation

9A. Deferred payment of VAT at importation (1) Notwithstanding section 9 (4) and (5), the Director-General may defer payment of VAT at importation on capital goods, being plant and machinery, imported by a VAT registered person. (2) Where payment of VAT at importation has been deferred under subsection (1)— (a) the VAT registered person shall, on submission of his return for the taxable period in which VAT is deferred, include the deferred VAT as output tax in his return; (b) the deferred VAT shall, where it is declared as output tax in accordance with paragraph (a), be deemed to have been paid. (3) Where VAT deferred at importation is not declared as output tax in the taxable period in which the VAT is deferred, the deferred VAT shall become due and payable and it shall be recovered under section 24A of the Customs Act. [S. 9A inserted by s. 9 (a) of Act 11 of 2018 w.e.f. 1 October 2018.]