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82 No. 41581GOVERNMENT GAZETTE, 20 APRIL 2018
Trade and Industry, Department of/ Handel en Nereid, Department vanDEPARTMENTOF
OF TRADE AND
DEPARTMENT
INDUSTRY
NOTICE 198 OF 2018No.
198Standards Act
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The term 'of trade' typically refers to the activities or practices associated with the buying and selling of goods or services. It can encompass the regulations and agreements that govern these transactions.
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Businesses and individuals engaged in commercial activities, including importing or exporting goods, are generally required to file reports related to trade.
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The purpose of trade regulation and reporting is to ensure compliance with laws, monitor economic activity, support taxation processes, and prevent illegal trade practices.
What information must be reported on of trade?
Information typically required includes the names of parties involved, descriptions of the goods or services, value, quantity, origin and destination, and any relevant permits or licenses.
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