- Finance Minister Enoch Godongwana defends the decision to increase VAT.
- Legal proceedings by DA and EFF aim to block the VAT hike.
- Godongwana argues the relief sought by DA lacks merit.
- DA has other legal options and has not met requirements for an interdict.
- The VAT increase decision cannot be interdicted at this stage.
- Godongwana does not oppose EFF’s application but criticizes its clarity.
- VAT announcement remains valid and lawful.
- Section 7(4) of the VAT Act allows temporary VAT adjustments.
- Godongwana disputes DA’s interpretation of the VAT Act.
Source: sundayworld.co.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.
