Where does all the money go that Sars collect on all electric vehicle that are imported . I got the following information from Sars.
All Electric Vehicles Customs & Import Duty 25%.
Luxury Excise Tax up to 30% model dependant.
Import VAT 15%.
Plus a standard Mark up Buffer for Non SACU Origins of 10%.
A Non SACU origins refers to goods manufactured, produced, or sourced outside Southern Africa. Which comprises South Africa, Botswana, Namibia, Lesotho and Eswati.
Any imports from Non SACU regions are subjectedto a 10% value uplift import tax when calculating VAT.
Non SACU origins include the EU, US and Asia as well.