Quarries not certain of SARS status, comments by Camilla du Toit reported in Business Day
THE South African Revenue Service (SARS) has caused "confusion and alarm" by issuing a new draft interpretation note that classifies certain quarries as manufacturers rather than mines, says the Aggregate and Sand Producers Association of Southern Africa (Aspasa).
It says if the interpretation is accepted it will have far-reaching effects on the quarrying industry and might lead to "disproportionate costs between those that are classified as mines and those classified as manufacturers".
