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Customs and Tax Collection Quiz

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Questions and Answers

Customs only collect customs duties and customs related taxes

False

Customs collect other statutory taxes on behalf of the SARS VAT division

True

Customs do not have any other responsibilities besides collecting customs duties and taxes

False

Study Notes

Customs Functions

Customs collect customs duties and customs-related taxes
Customs collect other statutory taxes on behalf of the South African Revenue Service (SARS) Value-Added Tax (VAT) division

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Description

Test your knowledge of customs and tax collection with this quiz! Explore the various statutory taxes collected by customs, including VAT, and understand their role in revenue collection for SARS.