5 August 2022
Information
The current excise duty regime applies a flat excise rate of 34.7c/kg for traditional African beer powder. From 1 October, however, all alcohol powder products classified as preparations for use in the manufacturing of alcoholic beverages will be taxed at the same rate.
Manufacturers of these products must apply to license their manufacturing premises with SARS before 1 October 2022 and submit their first excise duty account by 29 November 2022.
For more detail on the amendments you can read the SARS letter to trade here.
Need assistance
Email enquiries and questions to Technical@Saiba.Org.Za for further assistance.
