The alcohol industry has asked for its excise tax to be deferred
- Alcohol producers and traders have called for Covid-19 restrictions to be eased and for liquor trading to be allowed for off-site consumption, but at present face a blanket ban.
- The latest request is the second from the industry, which applied for a deferment during the country’s second alcohol sales ban last year.
- Alcohol producers and traders pay SARS about R2.5 billion a month in excise tax for imported and local products but the ban means that companies will have to pay excise tax for products that are sitting in their warehouses and can’t be sold due to the ban.
South Africa’s alcohol industry has asked for another deferment of its excise tax payment until the latest sales alcohol ban is lifted.
The industry’s request comes after President Cyril Ramaphosa’s Monday night announcement that the ban on the