Question NW2733 to the Minister of Finance

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04 October 2017 - NW2733

Profile picture: Topham , Mr B

Topham , Mr B to ask the Minister of Finance

(1)Whether the SA Revenue Service has plans in place to prevent the illicit trade in any category of goods and/or services; if not, in each case, why not; if so, what are the relevant details in each case; (2) What is the estimated loss in tax revenue collection from the illicit trade in each category of goods and/or services? (3) What is the total estimated loss in tax revenue for the 2016/17 financial year?

Reply:

(1) Yes, SARS has plans in place to prevent the illicit trade in any category of goods and/or services as stipulated in its Strategic Plan 2016/17-2020/21.

(2) These products are in the main strictly prohibited so SARS cannot collect any revenue from them.

(3) Please refer to response 2 (two) above.

 

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