The National Treasury this week gazetted the Regulations on Domestic Reverse Charge Relating to Valuable Metal, which is meant to serve as an anti-abuse measure aimed at foreclosing schemes and malpractices to claim undue value-added tax (VAT) refunds from the South African Revenue Service (Sars) by vendors operating in the value chain relating to high-risk goods containing gold. This includes gold bars, gold granules, gold doré and gold jewellery, the regulations state.