| 54FD.03 | Every licensee must calculate the amount of environmental levy payable for each tax period in respect of its licensed customs and excise manufacturing warehouse in the following manner— |
| (a) | The greenhouse gas emissions liable to environmental levy consists of the carbon dioxide equivalent of fuel combustion, industrial process and fugitive emissions that must be determined in accordance with— |
| (i) | an emissions determination methodology approved by the Department of Environmental Affairs as contemplated in section 4(1) of the Carbon Tax Act; or |
| (ii) | an emissions determination methodology contemplated in section 4(2) of the Carbon Tax Act that employs— |
| (aa) | readily available statistical data on the intensity of processes (activity data) and emission factors as specified in the ‘IPCC Guidelines For National Greenhouse Gas Inventories’ (2006); or |
| (bb) | the statistical data and emission factors as specified in item (aa) including country-specific emission factors. |
| (b) | The allowances that reduce the emissions contemplated in paragraph (a) must be determined where relevant in accordance with Part 6 of Schedule No. 6 and Part II and Part III of the Carbon Tax Act. |
| (c) | The rate of environmental levy must be determined in accordance with Section F of Part 3 of Schedule No. 1 and section 5 of the Carbon Tax Act. |
| (d) | The amount of environmental levy payable must be determined in accordance with Section F of Part 3 of Schedule No. 1 and section 6 of the Carbon Tax Act. |
[Rule 54FD.03 inserted by section 1 of Notice No. R.1700, GG42926, dated 23 December 2019]
