During the 2018 Budget Speech, it was announced that the standard rate of value-added tax (VAT) will change from 14% to 15% with effect from 1 April 2018.

As such, the CSIR as a VAT vendor will change the standard VAT rate for goods and services provided to our stakeholders and clients from 14% to 15% with effect from 1 April 2018 in order to comply with the legislation and regulatory requirements.

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