On 23 June the South African Revenue Service (Sars) published its “Excise External Policy Tobacco”, which applies to the role-players in the tobacco industry.
The policy does not cover:
- Customs and Excise payments as this is dealt with in document BP-02;
- Declaration and Return submission via eFiling as this is dealt with in document SE-ACC-02-
- M02;
- Submission of accounts / returns as this is dealt with in document SE-ACC-05;
- Bonds as these are dealt with in document SE-BON-02;
- Control and Clearance of bonded / inter-warehouse movements as these are dealt with in
- document SE-CON-02;
- Accounting for duty / levy as this is dealt with in document SE-GEN-02;
- Introduction to Excise Duties, Levies and Air Passenger Tax as these are dealt with in document
- SE-GEN-04-G01;
- Licensing requirements as these are dealt with in document SE-LR-02;
- Prescribed payment terms / periods as these are dealt with in document SE-PAY-02; and
- Refunds as these are dealt with in document SE-REF-02.
The Policy is accessible at:
https://www.sars.gov.za/AllDocs/OpsDocs/Policies/SE-TOB-02%20-%20Tobacco%20-%20External%20Policy.pdf
Story by: Riaan de Lange