On 05 July 2024, the South African Revenue Service (SARS) informed that the Traditional African Beer and Alcohol Powder Products policies had been revised as follows:
- It was amended to include alcohol powders in the production of TAB products, resulting in the name change of the documents from Traditional African Beer to Traditional African Beer and Alcohol Powder Products.
- It updated Vis Major losses and its exclusionary items.
The external annexure of the Accounting Period and Submission Rules has been revised to include alcohol powder products in the Traditional African Beer naming convention.
Updated documents are:
- SE-TAB-02 – Traditional African Beer and Alcohol Powder Products – External Policy
- https://www.sars.gov.za/wp-content/uploads/Ops/Tables/SE-TAB-02-Traditional-African-Beer-External-Policy.pdf
- SE-ACC-04-A01 – Accounting Period and Submission Rules – External Annexure
- https://www.sars.gov.za/wp-content/uploads/Ops/Policies/SE-ACC-04-A01-Accounting-period-and-Submission-rules-External-Annexure.pdf