On 23 July 2021, the South African Revenue Service (SARS) announced the release of its RCTF Master Plan and Design Houses requirements letter.
The letter provides clarification with regard to the Design House procedures related to movements to Cut, Make and Trim (CMT) companies and the registration and licensing requirements, including the requirements for provisional payments.
The RCTF Master plan and Design Houses requirements letter is accessible at:
Story by: Riaan de Lange