Customs and Excise Act, 1964 (Act No. 91 of 1964)Customs and Excise RulesChapter IV : Customs and Excise Warehouses: Storage and Goods in Customs and Excise WarehousesRules for Section 21 of the ActRule 21.04Delivery of form SAD 500 in respect of bonded goods received in the special customs and excise warehouse that have been sold, lost, destroyed or damaged as contemplated in these rules |
| 21.04.10 |
| (a) | Under sections 20, 38, 39 and 120 and for the purposes of section 21, the licensee of a duty and tax free shop must deliver to the Controller within seven days after the last day of any period of seven days during which the shop operated, a form SAD 500 in respect of bonded goods received in the special customs and excise warehouse that have been sold as contemplated in these rules. |
| (b) | Separate forms SAD 500 must be delivered in respect of— |
| (i) | locally produced bonded goods sold at— |
| (aa) | an inbound duty and tax free shop; or |
| (bb) | an outbound duty and tax free shop; or |
| (ii) | imported bonded goods sold at— |
| (aa) | an inbound duty and tax free shop; or |
| (bb) | an outbound duty and tax free shop; or |
| (iii) | goods lost, destroyed or damaged if— |
| (aa) | locally produced bonded goods; or |
| (bb) | imported bonded goods. |
| (c) | Each form SAD 500 contemplated in (b)(i) and (ii) must be supported by a list of all sales receipt or other documents; and the date of issue in respect of each period contemplated in paragraph (a). |
| (d) | Each form SAD 500 contemplated in paragraph (b)(iii) must be— |
| (i) | supported by a list reflecting the stock code number, the date and the circumstances in which the goods were lost destroyed or damaged; and |
| (ii) | accompanied by payment of duty and value added tax due on such goods. |