On 07 October 2015 the South African Revenue Service (Sars) published the proposed imposition of a new environmental levy on tyres (Schedule No.1 Part 3E) with effect from 01 April 2016, on which comments are due by no later than 27 November 2015.
The notice incorrectly references – “Section E to Part 2 of Schedule No 1”.
Explanatory Notes:
The notice states: The Minister announced in his budget speech on 25 February 2015 the implementation of additional environmental levies on a range of waste streams to help divert waste away from the landfills towards reuse, recycling and recovering. As a first step in this direction, Government proposed a tyre levy to be implemented under the Customs and Excise Act, 1964. These amendments are intended to be implemented with effect from 01 April 2016. The proposed amendment to Part 3 of Schedule No 1 will provide for the new environmental levy on tyres and the rest are as a consequence of the proposed insertion.