SARS Binding General Ruling (VAT) 43

Date: 12 September 2017

Act: Value-Added Tax Act 89 of 1991

Purpose: The BGR sets out the circumstances under which the supply of gold is regarded as falling within the exclusions envisaged in paragraph (ii) of the definition of “second-hand goods” in section 1(1).

This binding general ruling is effective from 1 April 2017 until it is withdrawn, amended or the relevant legislation is amended.


For access to the entire ruling please click here