On 31 October Sars published, for comment - which is due on 14 November 2016 - three DA (Doeane en Aksyns – translated as “Customs and Excise”) forms relating to excise duty on wine. The forms are DA 260 - Wine (SOS); DA 260 - Wine (SVM); and DA 260 - Wine (OS).
South Africa as a contracting party to the Convention on the Harmonised Commodity Description and Coding System (HS) nomenclature, implements the amendments in terms of section 48(1)(c) “Amendment of Schedule 1” of the Customs and Excise Act, 1964.
As a consequence, due to amendments to Schedule 1 Part 2A, “Specific Excise Duties on locally manufactured or on imported goods of the same class or kind” of the Act, 1964 the DA 260 excise accounts for wine require amendments to tariff items and subheadings.