Definition
A SARS-administered tax on greenhouse-gas emissions introduced by the Carbon Tax Act of 2019. Large emitters pay per tonne of CO2-equivalent (the headline rate rises every year on a published trajectory), while transport operators meet it indirectly through the carbon fuel levy built into petrol and diesel prices — roughly 23 cents per litre on diesel. It is South Africa's main carbon-pricing instrument, and the amount of carbon price genuinely paid at home affects how much exporters' EU customers must pay under CBAM.
Frequently asked questions
What is Carbon Tax (South Africa)?
A SARS-administered tax on greenhouse-gas emissions introduced by the Carbon Tax Act of 2019. Large emitters pay per tonne of CO2-equivalent (the headline rate rises every year on a published trajectory), while transport operators meet it indirectly through the carbon fuel levy built into petrol and diesel prices — roughly 23 cents per litre on diesel. It is South Africa's main carbon-pricing instrument, and the amount of carbon price genuinely paid at home affects how much exporters' EU customers must pay under CBAM.
Which glossary terms are related to Carbon Tax (South Africa)?
Carbon Tax (South Africa) is a customs & sars term in the South African import/export industry. Related terms in the same area include 70707070 (Customs Code), Ad Valorem Duty, AEO (Authorised Economic Operator), Anti-Dumping Duty, B-BBEE (Broad-Based Black Economic Empowerment) — each has its own plain-English definition in the TradeCaravan glossary.