Taxation Laws
Amendment Bill, 2015
The South African Revenue
Service (Sars) on 27 October
2015 announced that
on the day the Taxation
Law Amendment Bill
[B29-2015] had been
introduced in the National
Assembly by the Finance
Minister. The Bill proposes
amendments to Section
20 ‘Goods in customs and
excise warehouses’ to the
Customs and Excise Act,
1964 (the Act). It proposes
the insertion of Section
20(7) relating to fuel levy
goods. Section (7)(a) reads
‘Where fuel levy goods are
imported and not removed
to a customs and excise
manufacturing warehouse
as contemplated in section
19A(4), those goods
must, after due entry for
warehousing, be offloaded
into a licensed customs and
excise storage warehouse.’
This amendment will come
into operation on a date
determined by the finance
minister.
The provision states that
all tariff amendments for
the period 01 September
2014 up to and including
30 September 2015, shall
not lapse
See Customs Buzz for
more details.
Environmental levy
on tyres
Sars has called for
comment on the proposed
insertion and amendment
of provisions relating to
the environmental levy on
tyres, which is due by 27
November 2015.
For ease of reference
the following notes are
proposed for Section E
to Part 3 of Schedule
No 1 to the Act:
‘ENVIRONMENTAL
LEVY ON TYRES;
NOTES: 1. Any rate of
environmental levy on
tyres specified in this
Section shall apply to – (a)
New, used or retreaded
tyres, imported into the
Republic; (b) Tyres fitted to
or presented with imported
vehicles or chassis specified
in chapter 87; (c) Tyres
fitted to or presented with
imported road wheels
fitted with tyres; wheel
rims fitted with tyres
specified in tariff heading
87.08; (d) Tyres imported
in terms of Chapter 98;
and (e) New or retreaded
tyres manufactured in
the Republic. 2. Any
environmental levy
payable in terms of this
section in respect of tyres
specified therein shall be
additional to any customs
and excise duty payable
in terms of Part 1 or 2
of Schedule No 1 or any
section in this Part. 3.
The rate of environmental
levy specified in the “rate
of environmental levy”
column in this Section
shall be paid under the
item applicable in terms
of 152.00 when imported
with the vehicles, chassis
or components (including
road wheels fitted with
tyres; wheel rims fitted
with tyres) described in
items 153.00 to 155.00. 4.
Imported goods shall not
be declared on separate
bills of entry for the
purposes of Parts 1, 2 and 3
of this Schedule.’
Customs Acts Clock
It has been 498 days since
the Customs Duty Act, 2014
was published, 485 days
since the Customs Control
Act, 2014 was published
and 3 975 days since their
drafting commenced. The
Acts are still not in force.
Duty Calls Watch List
Applications for 2016
export permits under the
Trade, Development and
Co-Operation Agreement
(TDCA); and for the 2016
Market Access Permits for
Agricultural Products in
terms of the World Trade
Organisation (WTO)
Agreement are now open.
DUTY CALLS
Comments | 0
