Sasol Chevron takes on Sars over VAT refund

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Sasol Chevron takes on Sars over VAT refund
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Constitutional court to have the final say in the drawn-out dispute

The Constitutional Court will next week hear a leave to appeal application by Sasol Chevron in its drawn-out dispute with the SA Revenue Service over a VAT refund, in a case likely to reshape or give certainty to the country’s tax laws.

Sasol Chevron was established in the early 2000s as a 50/50 joint venture to pursue commercial application of gas-to-liquids technology for selected Chevron and Sasol-held reserves of natural gas; third-party gas reserves; and host countries seeking to monetise their gas reserves...

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BDliveSA /  🏆 12. in ZA

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