Why does Mining Indaba charge VAT if it is not a South African corporation?
Mining Indaba, LLC is not a South African corporation, however, SARS is very clear on the fact that VAT is destination based, which means that the consumption of goods and services in South Africa is taxed. VAT is therefore paid on the supply of goods or services in South Africa as well as on the importation of goods or services into South Africa. As a result, Mining Indaba, LLC is eligible primarily based on the fact that the services provided are consumed in South Africa regardless of our resident status.