Sars targets 52 noncompliant PPE companies
The South African Revenue Service (Sars) on October 8 said it has been focusing on 52 noncompliant companies that had been awarded R1-billion in contracts for the supply of personal protective equipment (PPE) and other Covid-19-related services.
To date, 11 companies have been convicted, seven cases are on the court roll, 29 cases are with the National Prosecution Authority (NPA) for the drafting of charge sheets and/or warrants of arrest, while five case dockets are being processed by the Directorate for Priority Crime Investigation (Hawks).
Sars has recovered R170-million in unpaid taxes linked to PPE contracts and R500-million in assets (including cash) are under preservation orders.
Sars is also investigating 33 entities linked to politically exposed persons. In addition, several companies that received government tenders totalling R50-million for Covid-19-related services were recently sentenced for not registering for value-added tax (VAT), Sars said in a statement.
Commissioner Edward Kieswetter said Sars was committed to working with all enforcement agencies to ensure increasing tax and customs compliance.
“The organisation will not tire from pursuing those that abdicate their legal obligations by not registering for VAT, which is essential for qualifying companies conducting business in both the private and public sectors.
“It seems to be patently obvious that some companies are operating outside the law, seeking to profit from a devastating pandemic that is affecting the lives and livelihoods of millions of South Africans, especially the poor and vulnerable. Sadly, most of the looted funds are being used to finance lavish lifestyles,” he said.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Showroom
For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.
VISIT SHOWROOM
Virtual Gas Network supplies compressed natural gas via a virtual gas distribution network.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
