On 06 October the South African Revenue Service (SARS) announced the release of its “Excise External Policy - Submission of Accounts / Returns”, effective on the day.
The policy has been updated to include Carbon Tax, and provision has been made for the Promotion of Administrative Justice Act (PAJA).
According to the “SUMMARY OF MAIN POINTS”, (a) The policy applies to licensees and registrants who are required to submit accounts / returns on a monthly, quarterly or bi-annual or yearly basis via e-Filing. (b) The policy covers the following product accounts / returns: (i) Ad Valorem; (ii) Air Passenger Tax (APT); (iii) Biodiesel; (iv) Carbon Dioxide (CO2) Emission levy; (v) Carbon Tax; (vi) Diamond Export Levy; (vii) Electricity Levy; (viii) Fuel [Includes Fuel levy and Road Accident Fund (RAF)]; (ix) Health Promotion Levy on Sugary Beverages; (x) Malt Beer; (xi) Other Fermented Beverages; (xii) Plastic Bags; (xiii) Spirits; (xiv) Tobacco; (xv) Traditional African Beer and Beer powder; (xvi) Tyre Levy; and (xvii) Wine and Vermouth. (c) This policy does not cover: (i) SARS Payment Rules as these are dealt with in document GEN-PAYM-01-G01; and (ii) Declaration and return submission via eFiling as this is dealt with in document SE-ACC-02-M02.
According to the “POLICY”, (a) This document must be read together with the Constitution, the South African Revenue Service Act No.34 of 1997 (“SARS Act”) and any other applicable legislation. Should the policy be in conflict with any provisions of the legislation, the applicable Act shall take precedence
The Panel Report is accessible at:
Story by: Riaan de Lange