On 26 January 2024, the South African Revenue Service (SARS) informed of the substitution of tariff items 104.37.19 and 104.37.21 in Part 2A of Schedule No.1 to the Customs and Excise Act, 1964 (Specific Excise Duties on Locally Manufactured or on Imported Goods of the Same Class or Kind), African Continental Free Trade Area (AfCFTA) Agreement in order to increase the rates of excise duty for heated tobacco products, to give effect to the Budget proposals announced by the Minister of Finance on 22 February 2023.
By the substitution of Tariff Items, and their ‘Rate of Excise Duty’:
104.37.19/2404.19.20 “Other, put up for retail sale in the form of sticks” R7.80/10sticks
104.37.21/2404.19.90 “Other” R975.15/kg