Customs

Fuel Levy on Biodiesel

On 14 November the South African Revenue Service (Sars) announced the substitution of fuel levy item 195.20.013826.00.10 “Biodiesel as specified in Additional Note 1(a) to Chapter 38170,5c/l” in Part 5A of Schedule No1 to the Customs and Excise Act, 1964, in order to rectify the rate of fuel levy on biodiesel from 170,5c/kg to 170,5c/li.

Story by: Riaan de Lange

SA Customs Buzz