On 27 February 2024, the South African Revenue Service (SARS) announced that the Biodiesel external policy had been revised as follows:
- To align with the relevant sections of the Customs and Excise Act, 1964.
- The biodiesel process flow and the process for reprocessing, destruction and abandonment have been deleted from the external policy.
- Robbery and theft have been included as exclusionary items under Vis Major losses.
The “SE-BIO-02 – Biodiesel – External Policy” is accessible at:
www.sars.gov.za/wp-content/uploads/Ops/Policies/SE-BIO-02-Biodiesel-Ext…