The National Treasury published Excise Duty regulations, specifically, “Excise
Duty Remissions Regulation, 2017” and “Excisable Goods Management
Regulations (EGMS), 2017”.
The subsidiary legislation seeks to streamline the Excise Duty Act with the Tax Procedures Act 2015 and will assist in interpretation and implementation of the Excise Duty Act 2015.
We have summarized the subsidiary legislations introduced in this brief.