On 05 August 2022, the South African Revenue Service (SARS) announced an amendment to 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), as a consequence to the amendment in Part 1 of Schedule No.1 to the Act, 1964, to give effect to the Budget proposals announced by the Minister of Finance on 23 February 2022. The implementation date is 01 October 2022.
By the insertion of the following:
- Rebate Item 104.01.05/1901.90.13 Preparations for making alcoholic beverages (excluding those of subheading 1901.90.20) as defined in Additional Note 2 to Chapter 19 34,7c/kg
- Rebate Item 104.05 21.06 Food preparations not elsewhere specified or included: Rebate Item 104.05.10/2106.90.13 Preparations for making alcoholic beverages as defined in Additional Note 1 to Chapter 21 34,7c/kg