- VAT enhancements for estimated assessments have been implemented
- SARS may raise an estimated assessment if relevant material is not provided during the VAT verification process
- Details of the estimated assessment can be viewed on the VAT217 notice
- Request for Correction is not allowed if an estimated assessment has been raised for VAT in the same period
- Vendor must submit relevant material within 40 business days if they disagree with the estimated assessment
- Relevant material can be submitted via eFiling, at a SARS branch, or through the SARS Online Query System
- Vendor can request an extension if they cannot submit the relevant material within 40 business days
- If extension is approved, vendor has extended time to submit relevant material
- Vendor can request suspension of payment if estimated assessment results in amount payable
- Estimated assessments issued in terms of section 95(1)(c) are not subject to dispute
- Updated external guides are available for submitting a dispute via eFiling and completing the VAT201 Declaration
Source: sars.gov.za
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
