SOUTH AFRICA: Federation Supports Illegal Import Controls
The Textile Federation has thrown its weight behind a new initiative to root out duty and VAT fraud, saying tax evasion on textile and clothing imports is losing the government hundreds of millions of rands each year.
"There is an increasing tendency for imports to be seriously undervalued at importation, thereby evading customs duty and VAT. This practice undermines the manufacturing and economic base of the country and leads to the destruction of job opportunities," the Federation said.
Earlier this week Pravin Gordhan, the commissioner of the SA Revenue Service, announced new partnerships with key industrial sectors to control illegal imports.
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