On May 22 finance minister Tito Mboweni announced that Section 76C of the Customs and Excise Act, 1964, “Set-off of refund against amounts owing”, had come into operation on the day.
Section 76C. “Set-off of refund against amounts owing - where any refund of duty is in terms of this Act due to any person who has failed to pay any amount of tax, additional tax, duty, levy, charge, interest or penalty levied or imposed under any other law administered by the Commissioner within the period prescribed for payment of the amount, the Commissioner may set off against the amount which the person has failed to pay, any amount which has become refundable to the person in terms of this Act.”
The proclamation is accessible at:
