# Astral Foods sceptical about VAT exemption on chicken

> Astral Foods doubts that chicken products will be zero-rated for VAT in South Africa while the National Treasury reviews its list. The SA Poultry Association argues an exemption could lift sales by about 10%, but the revenue loss to SARS is seen as a major obstacle.

- Date: 2024-12-08 · published 2024-12-08T12:00:00.000Z
- Category: policy · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/27107-astral-foods-sceptical-about-vat-exemption-on-chicken
- Commodities: [Chicken](https://feedsoft.ai/c/CHICKEN.md)

## Why it matters

Without a VAT exemption, chicken retail prices in South Africa stay higher and demand stays subdued. Any exemption would be a demand boost for local poultry, but the likelihood looks low.

## Read by commodity

- CHICKEN: neutral

## Sources

- businessday.co.za: https://www.businessday.co.za/bd/companies/retail-and-consumer/2024-12-08-astral-foods-sceptical-about-vat-exemption-on-chicken/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.