On 06 April the South African Revenue Service (SARS) announced the immediate amendment to Part 5A of Schedule No.1 to the Customs and Excise Act, 1964 “Fuel Levy” by the substitution of Note 8 - an increase of 1c in the carbon fuel levy from 8c/li to 9c/li for petrol and from 9c/li to 10c/li for diesel, respectively, to give effect to the Budget proposals announced by the Minister of Finance on 23 February.
Additionally, Part 5A in Schedule No.1 to the Customs and Excise Act, 1964 “Fuel Levy” is amended through the reduction of R1.50 per litre of the general fuel levy for petrol from R3.85/l to R2.35/l and for diesel from R3.70/l to R2.20/l as announced by the Minister of Finance on 31 March.
The amendment is with effect from 06 April up to and including 31 May.
By the substitution of Note 8:
8.(a) For the purposes of item 195.10.03 the rate of fuel levy shall be the sum of the -
(i) general fuel levy at a rate of 235 cents per litre; and
(ii) carbon fuel levy at a rate of 9 cents per litre.
(b) For the purposes of items 195.10.15; 195.10.17; 195.10.21 and 195.20.03 the rate of fuel levy shall be the sum of the -
(i) general fuel levy at a rate of 220 cents per litre; and
(ii) carbon fuel levy at a rate of 10 cents per litre.
(c) For the purposes of item 195.20.01 the rate of fuel levy shall be the sum of the -
(i) general fuel levy at a rate of 110 cents per litre; and
(ii) carbon fuel levy at a rate of nil cents per litre
By the substitution of:
Fuel Levy Item 195.10.03/2710.12.02 Petrol, as defined in Additional Note 1(b) to Chapter 27 244c/li
Fuel Levy Item 195.10.15/2710.12.26 Illuminating kerosene, as defined in Additional Note 1(f) to Chapter 27, unmarked 230c/li
Fuel Levy Item 195.10.17/2710.12.30 Distillate fuel, as defined in Additional Note 1(g) to Chapter 27 230c/li
Fuel Levy Item 195.10.21/2710.12.39 Specified aliphatic hydrocarbons solvents, as defined in Additional Note 1(ij) to Chapter 27, unmarked 230c/li
Fuel Levy Item 195.20.01/3826.00.10 Biodiesel as specified in Additional Note 1(a) to Chapter 38 110c/li
Fuel Levy Item 195.20.03/3826.00.90 Other biodiesel 230c/li
The notice is accessible at: