Our Basic Rates

invRates on cargo transported are determined either by weight, volume, value  or distance, depending on the type of cargo. All goods transported are covered by a limited transito insurance cover to provide for the risk of accidents, fire and hijacking. Cargo should be well-packed and sensitive cargo should be adequately packed to qualify for handling and long distance transport.

Cross Border Documentation
In terms of South African Revenue Service (SARS) Legislation (VAT practice Note nr. 2 of 1998) exports to BLNS countries can be zero-rated provided that the transport charges are paid by the consignor. Wesbank Transport will supply the consignor with the following documents:

  • Customs’ stamped Suppliers Invoice
  • Customs’ stamped CN1/2
  • Proof of Delivery that the consignment was delivered to the consignee
  • Invoice in respect of transport charges to consignor

If VAT is charged on the consignor’s invoice then Wesbank will charge the consignee with the transport charges and will supply the consignee with the following documentation:

  • Customs’ stamped Suppliers Invoice
  • Customs’ stamped CN1/2
  • Customs’ stamped SAD 500
  • Proof of Delivery that the consignment was received by the consignee
  • Invoice in respect of transport charges to consignor
  • The consignee can then claim back the VAT charged from SARS. The customs’ stamped suppliers invoice and the CN1/2 must be attached to such claims submitted to SARS.

A signed copy of a Wesbank Transport delivery note is deemed sufficient proof of delivery.

View our Terms and Conditions here.


 

Comments Off