Customs and Excise Act, 1964 (Act No. 91 of 1964)

Chapter XB : Voluntary Disclosure Relief

77ZB. Requirements for valid voluntary disclosure
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Voluntary disclosure is valid and relief may be granted only if the disclosure—

 

(a) is voluntary;

 

(b) involves an underpayment which has not occurred within five years of a previous disclosure of a similar underpayment by the applicant;

 

(c) is full and complete in all material respects;

 

(d) will not result in the Commissioner being obliged to pay a refund or drawback or additional refund or drawback; and

 

(e) complies with any requirements referred to in section 77ZH.

 

[Section 77ZB inserted by section 10(1) of the Tax Administration Laws Amendment Act, 2026, Notice No. 7343, GG54447,dated 1 April 2026 - comes into effect on a date to be determined by the Minister by notice in the Gazette (section 10(2))]