The South African Revenue Service (Sars) on 17 May announced that the period for comment on the following draft tariff amendment notices had been extended to 14 June:
(i) Part 1 of Schedule No.1 to the Customs and Excise Act 1964 in order to insert the provision of carbon emissions tax;
(ii) Part 3F of Schedule No.1, Act 1964 to provide for the environmental levy on carbon emissions; and
(iii) Part 6 of Schedule No.6, Act 1964 to provide for rebates and refunds on carbon tax,
Story by: Riaan de Lange