April 13, 2023

Box 30 on the Customs Clearance Declaration (CCD) indicates the specific customs facility or location where the goods will be released or delivered. The facility codes used in Box 30 of the CCD in RSA are three-digit codes assigned to specific customs facilities or locations in South Africa. Facility codes are used to identify the …

Why is box 30 of the CCD important? Read More »

CSARS and Another v Richards Bay Coal Terminal (Pty) Ltd (1299/2021) [2023] ZASCA 39 (31 March 2023)   Customs and Excise Act 91 of 1964 – taxpayer not confined to the remedy of a wide appeal under s 47(9)(e) – can also review a tariff determination under the Promotion of Administrative Justice Act 3 of …

Supreme Court ruled that taxpayer Has the right to challenge a tariff determination in terms of the Customs and Excise Act 91 of 1964 (the CEA) Read More »

The Minister of Finance announced in the 2022 Budget on 23 February 2022 that excise duty on vaping tobacco products would be introduced. Nicotine and nicotine-substitute solutions in vaping products will be included in the tax net with a flat excise duty rate of R2.90/ml from 1 June 2023. The forms DA260 Excise Account for …

Excise Duty Payable on Vaping Tobacco products from 1 June 2023 Read More »

3 April 2023   Due to changes in the repo rate the rate at which interest free or low interest loans are subject to income tax was changed from 8.25% to 8.75% on 3 April 2023.   You can find Table 3 here.