Review of alcohol excise duty policy being finalised, says Treasury
A review of the excise policy for tobacco products is also under way
The Treasury is busy finalising a review of the alcohol excise policy that was first announced in the 2021 budget by then finance minister Tito Mboweni, MPs were told Tuesday.
The industry is concerned that it has not received any feedback from the Treasury on the status of the review, noting during submissions on the draft Rates and Monetary Amounts and Amendment of Revenue Laws Bill that a transparent process with clear timelines was necessary...
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