Customs and Excise Act, 1964 (Act No. 91 of 1964)Customs and Excise RulesChapter VA : Environmental Levy GoodsApplication of provisionsEnvironmental levy imposed on electricity in terms of item 148.01 of Part 3 of Schedule No. 154FA.08 |
54FA.08
| (a) | For the purposes of section 101 and notwithstanding anything to the contrary in any rule contained, every licensee or registrant must— |
| (i) | keep proper books, accounts, documents and any data created by means of a computer, of all transactions relating to the generation of electricity for a period of five years calculated from the end of the calendar year in which any such document was created, lodged or required for the purposes of any customs and excise procedure; |
| (ii) | include in such books, accounts, documents and data any requirements prescribed in any provision of the Act as may be applicable in respect of the manufacture of goods in a customs and excise manufacturing warehouse; |
| (iii) | produce such books, accounts, documents and data on demand at any reasonable time and render such returns or submit such particulars in connection with the transactions relating to the generation of electricity as the Commissioner may require. |
| (b) | Such books, accounts, documents and data must include— |
| (i) | a record wherein the licensee or registrant must record daily— |
| (aa) | receipts of non-renewable energy sources for generation; |
| (bb) | quantities of non-renewable energy sources used and the quantities of electricity generated from such materials; |
| (cc) | the production rate of the materials used; |
| (ii) | a record wherein the registrant must record daily the quantities of electricity generated from— |
| (aa) | renewable sources; or |
| (bb) | co-generation or sources respectively contemplated in rule 54FA.04(a)(ii)(aa) and (bb); |
| (iii) | a record from which can be readily ascertained that the electricity generated over a calendar year by a registrant contemplated in rule 54FA.04(a)(ii), is generated in accordance with provisions of Note 2(c) or (d), as may be applicable, to item 148.01.01 of Section B of Part 3 of Schedule No. 1. |