On 25 November 2022, the South African Revenue Service (SARS) announced that the amendment of its “Excise - External Policy - Oil Industry”, effective from 28 November 2022, which relates to the payment of duties and levies on fuel levy or excisable petroleum products, becomes payable when removed from the manufacturing warehouse and not when they go into home consumption. It further informs that a Special Storage Warehouse (SOS) may only be licensed to store fuel levy goods for export and not for removal thereof to the BELN (Botswana, Eswatini, Lesotho and Namibia) countries. For more information, see the updated policy document.
The “Summary of Main Points” of the External Policy states:
a) The policy applies to the Oil Industry (including category 2 manufacturers of biodiesel).
b) For the purpose of this document fuel levy goods means any goods specified in Part 5A of Schedule 1, which includes biodiesel.
c) The policy does not cover:
i) Non-commercial and category 1 manufacturers of biodiesel as this is dealt with in document SE-BIO-02;
ii) The completion of the DA 159 and DA 160 (Petroleum Products Accounts) as these are dealt with in documents SE-BIO-03-M01 and SE-BIO-04-M01 respectively;
iii) Bonds as this is dealt with in document SE-BON-02; and
iv) Refunds by licensed distributors as this is dealt with in document SE-REF-02.
