Call for Comments on Draft SARS Rules for the Implementation of the Carbon Tax Bill, 2019

Under section 54AA of the Customs and Excise Amendment Bill, 2019, which was recently passed by both houses of Parliament and forwarded to the President for assent, the Commissioner is granted the mandate to craft rules pertaining to the administration and collection of Carbon Tax Revenues as well as matters connected therewith. The Rules, among other things, provide for the implementation of the Carbon Tax Bill, 2019, in respect of licensing and registration of emissions generating entities, submission of account and payment of the levy, as well as implementation provisions with regard to the period for submission of documents.

The deadline for comments on the Draft Amendment Rule has been extended from 20th May 2019 to 14 June 2019. They can be submitted directly via electronic mail to the addresses: mmaphosa@sars.gov.za and C&E_legislativecomments@sars.gov.za.

Click here for a link to the SARS website with the call for comments and a copy of the Draft Rules