Hundreds of businesses operating in the customs environment received a letter from the South Africa Revenue Service (SARS) on 20 September 2023, notifying them of SARS’ intention to cancel their customs-related registration and/or licences. These include importer/exporter code registrations which allow them to import and export goods.
SARS initially set a deadline for compliance with its directive on 30 March 2023 but have only now taken formal action.
Source: KPMG
