0324
Spirits and wine
Profit Code
0324
Loss Code
0325
Category
03 - Food, Drink and Tobacco
Description
SARS profit code 0324 (loss: 0325) classifies Spirits and wine within main category 03 (Food, Drink and Tobacco). This code is used on the ITR14 company income tax return to indicate your business main source of income.
How to Use
When completing the ITR14, enter code 0324 in the profit code field if your business is primarily engaged in spirits and wine. If your business made a loss, use code 0325 instead.
Note: The profit code is separate from the 5-digit SIC code also required on the ITR14. See our SARS tax guide for more details.
Other Codes in Category 03
| Code | Description |
|---|---|
| 0302 | Meat processing |
| 0304 | Fish processing |
| 0306 | Fruit and vegetable processing |
| 0308 | Dairy products |
| 0310 | Vegetable and animal oils and fats |
| 0312 | Grain mill products |
| 0314 | Bakery products |
| 0316 | Sugar |
| 0318 | Cocoa, chocolate and sugar confectionery |
| 0320 | Other food products |
| 0322 | Prepared animal feeds |
| 0326 | Beer and malt |
| 0328 | Soft drinks |
| 0330 | Tobacco products |