SARS clamps on illicit tobacco trade
Earlier this week SARS met with the Tobacco Institute of Southern Africa (TISA) and the Fair-trade Independent Tobacco Association (FITA) to brainstorm ideas on how they can attack the scourge.
THE South African Revenue Service (SARS) wants to root out illicit trade in tobacco products. Earlier this week SARS met with the Tobacco Institute of Southern Africa (TISA) and the Fair-trade Independent Tobacco Association (FITA) to brainstorm ideas on how they can attack the scourge.
“FITA and TISA, which represent approximately 99 per cent of the tobacco industry, have committed to taking action against any of their members that are found to be contravening the tax, customs and excise laws of the country, including but not limited to suspension and/or expulsion,” said the Revenue Service in a statement.
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SARS added that the two associations also committed to ensuring that their members fully comply with the relevant legislation at all times.
“Members who may be in contravention of the laws are encouraged to take corrective action through available avenues, including making full disclosure to SARS.All parties acknowledge their shared responsibility in combatting illicit trade in cigarette and tobacco products in the best interest of economic growth and compliance with Tax, Customs and Excise laws,” added SARS.
The Acting Commissioner of SARS Mark Kingon also expressed his appreciation to TISA and FITA for their commitment towards improving compliance in the industry.
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