Excise Accounts – Comments due On 08 March the South African Revenue Service (Sars) called for comment on its draft notice for substitution of the DA 260 Excise Accounts for Other Fermented Beverages resulting from the taxation proposals tabled by the Minister of Finance during his budget speech. The forms in question are (i) DA 260: Other Fermented Beverages (SVM); (ii) DA 260: Other Fermented Beverages (OS); and (iii) DA 260: Other Fermented Beverages (SOS). Comments are due on 15 March 2012. Glass Mirror Dumping Duty Sars announced on 08 March the imposition of provisional payment on unframed glass mirrors of a thickness of 2 mm or more but not exceeding 6 mm, classifiable under tariff heading 7009.91, imported from or originating in the Republic of China. The rate of the provisional payment is 40.22% and is imposed up to and including 06 September 2013. Petroleum Transportation Cost The Department of Energy published a notice in terms of the Petroleum Products Act of the intention to repeal the levying, collection and reimbursement of incremental inland transport cost recovery levies. Comments are due by 16:30 on 31 March 2013. 2013 Taxation Proposals On 27 February Sars published the taxation proposals tabled by the Minister of Finance as part of his 2013 Budget which became effective from the time of tabling on the day. The amendments relate to, amongst others, “sin products” (liquor, tobacco, cigarettes etc) as contained in Part 2A of Schedule No.1 to the Act. Another amendment relates to the insertion of the following Additional Note(s) after Additional Note 4 in Chapter 22 of Section IV to Part 1 of Schedule No 1 to the Act: 5. For the purposes of heading 22.06 – (a) Not more than 20 per cent of the fermentable sugars used in any fermented fruit beverage, fortified or unfortified, may be of an origin other than fruit; (b) Subject to paragraph (c)(iii) and (c)(iv) below, fortified apple or fortified pear beverages shall be fortified by the addition of rectified spirits derived from apples or pears respectively; and (c) Not more than 25 per cent of the final volume of (i) fermented apple beverages shall consist of fruit juice derived from pears or added fermented pear beverages; (ii) fermented pear beverages shall consist of fruit juice derived from apples or added fermented apple beverages; (iii) fortified fermented apple beverages shall consist of fruit juice derived from pears, or added fermented pear beverages or fortified fermented pear beverages; and (iv) fortified fermented pear beverages shall consist of fruit juice derived from apples, or added fermented apple beverages, or fortified fermented apple beverages. There were also tariff amendments relating to the insertion and the substitution of tariff subheadings relating to beverages. Duty Calls’ Watch List Comment is due on: • the proposed inclusion of boxer shorts under a Rebate Item by 22 March 2013. • the proposed increase in the rate of customs duty on nails by 22 March 2013. • the proposed creation of a temporary rebate of customs duty on aluminium slugs for impact extrusion by 22 March 2013.
