RCG TRUCKING ENTERED INTO A HP AGREEMENT WITH WESBANK TO BUY A TRUCK IN OCTOBER 2010.THE PURCHASE PRICE AFTER A DEPOSIT OF R16174200 (WHICH WAS NEVER PAID BECAUSE THE SELLING PRICE WAS INFLATED BY THIS AMOUNT) ACCORDING TO THE CONTRACT THE VAT AMOUNT CHARGED SHOULD BE REPAID BY THE BUYER AFTER 4 MONTHS.HOWEVER SARS NEVER REFUNDED THE BUYER THEREFORE HE COULD NOT REPAY THIS AMOUNT OFF. WESBANK AGREED BUT WANTED THE AMOUNT PAID OFF IN 2 INSTALMENTS THEREFORE ON 18 JAN 2011 RCG WROTE TO WESBANK AND OFFERED TO INCREASED THE INSTALMENTS TO R18000 INSTEAD OF R12984.50 WHICH HE FAITHFULLY PAID FOR 21 MONTHS THEREBY SETTLE THE VAT DUE.WE AGREE THAT THE CONDITIONS OF THE COPNTRACT WERE NOT KEPT. HOWEVER WESBANK NEVER CAME BACK TO RCG TO AGREE OR REJECT THIS OFFER.FROM R800479 AN AMOPUNT OF R509566 WAS SINCE PAID LEAVING A BALANCE OF -R307123 NOW WESBANK WENT TO COURT AND REPOSSESED THE VEHICLE IF THE FULL O/S AMOUNT IS NOT SETTLED BY END SEPTEMBER 2013. NOW OUR QUESTION IS WHY DID THEY NOT TAKE THE VEHICLE BACK HE OWED THEM -R800000, BUT NOW THAT HE PAID -R509000 OFF.THE MEMBERS OF RCG ARE OVER 60Y AND IT WILL BE IMPOSSIBLE TO START ALL OVER AGAIN.
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