Hon Chairperson, the proposed amendment to the Customs and Excise Bill inserts a new provision for the purpose of the administration and limitation of allowances in relation to the Carbon Tax Act. The provision facilitates the administering of those allowances and the limiting of allowances as rebates, refunds or drawbacks.
The proposed provision further requires that the taxpayer, as defined in the Carbon Tax Act, must license premises as may be prescribed by rule. The provision also regulates actions pertaining to submission and verification of accounts, collection and payment of the carbon tax. The proposed amendment also allows the commissioner to make rules in so far as it is necessary to regulate duties, powers and rights not regulated by the Carbon Tax Act in relation to the collection and payment of the carbon tax.
The National Council of Provinces referred this Bill to the Select Committee on Finance on 26 February 2019, the National Treasury briefed
the committee on 6 March 2019, and public hearings were held on 12 March 2019. Two stakeholders made written inputs on the Bill.
The Select Committee on Finance considered the Customs and Excise Amendment Bill, B3 of 2019 - National Assembly: section 75, classified by the joint tagging mechanism as a section-75 Bill - and reports that it has agreed to the Bill without amendments. The DA reserved its position on the Bill. Thank you, Chair.
Debate concluded.
Question put: That the Bill be agreed to.
Bill accordingly agreed to in accordance with section 75 of the Constitution.
