On $1$ October $2023,$ Sparkle and Shine made a sale of a wedding dress to a bride for R$23000($including VAT$).$ However, due to an error by the sales assistant, the card machine was charged R$32000$ during the payment process. Upon discovering the mistake a few days later, Sparkle and Shine's bookkeeper promptly attempted to contact the bride to obtain her banking details for a refund. Unfortunately, despite several attempts, the bride could not be reached, likely due to changed contact information or other unforeseen circumstances.

REQUIRED: $1\mathrm{.}1$ With reference to note $8,$ the excess payment received, discuss all the VAT consequences for Sparkle and Shine $($Pty$)$ Ltd$.$ Your discussion should include the value and timing rules with a clear explanation and reference to the VAT Act to support your answer. Clearly distinguish between output tax and input tax. $(5$ marks$)$