South Africa has multi-million rand smoking problem – and SARS is taking action

South Africa News News

South Africa has multi-million rand smoking problem – and SARS is taking action
South Africa Latest News,South Africa Headlines
  • 📰 BusinessTechSA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 61%

The taxman has been on a massive crackdown on illicit cigarettes that cost the country millions in tax revenue.

Despite the efforts of authorities, illicit cigarettes in their millions are filtering into South Africa, sidestepping tax and customs levies.

On 20 May, SARS’ Customs Division intercepted a truck carrying 440 master boxes of Remington Gold cigarettes, with an estimated value of R9 million, which were falsely declared as Cotton Oil Cake. Focusing on the illicit cigarette industry has been an initiative of the tax authority in its overall attempt to curtail non-compliance.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessTechSA /  🏆 24. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SolarWorld Africa brings Risen’s solar panels to SASolarWorld and risenenergy ink a deal to distribute solar panels in South Africa. renewables SolarPower SolarWorldAfrica PowerCrisis
Read more »

Focus on Africa - Morgan Heritage: 'Eternally we all come from Africa' - BBC SoundsFocus on Africa - Morgan Heritage: 'Eternally we all come from Africa' - BBC SoundsAward-winning Jamaican reggae group, morganheritage spoke to MarkDeforce about how their latest album, 'Homeland' was inspired by their African heritage.
Read more »

LIVE | Franschhoek Literary Festival: The future of South Africa beyond the 2024 elections | LifeLIVE | Franschhoek Literary Festival: The future of South Africa beyond the 2024 elections | LifeThe Franschhoek Literary Festival will have notable selection of international and Pan-African authors gathering to inspire, delight, inform and challenge audiences. Follow it live here.
Read more »

Nadia Nakai to host Love and Hip Hop South Africa reunion episodes | LifeNadia Nakai to host Love and Hip Hop South Africa reunion episodes | LifeThe first season of South Africa's version of Love and Hip Hop has wrapped filming, and now it is time for that part in every reality show where the cast meets and films a reunion episode to discuss the season that was. | News24Arts
Read more »

The best wildlife estates in South AfricaThe best wildlife estates in South AfricaNew World Wealth names the best wildlife estates in South Africa
Read more »



Render Time: 2025-02-24 02:29:46