National Treasury has called for technical tax proposals for inclusion in Annexure C of the 2019 budget review, which is due by 23 November. Such proposals should be sent to 2019AnnexCProp@treasury.gov.za.
Annexure C of the budget review relates to “Additional tax policy and administrative adjustments customs and excise duty”. This is the section of the Budget Review that tends to be most neglected. The only press coverage that the annexure tends to receive is a brief reference to the “sin taxes” - liquor, tobacco, cigarettes and fuel.
The Schedule to the Customs and Excise Act, 1964 that is exclusively covered in Annexure C is Schedule No 1 Part 2A to the Act, “Specific Excise Duties on locally manufactured or on imported goods of the same class or kind” Schedule No.1 Part 2B to the Act, “Ad Valorem Excise Duties on locally manufactured goods or on imported goods of the same class or kind.”