Question NW2776 to the Minister of Finance
16 September 2022 - NW2776
Macpherson, Mr DW to ask the Minister of Finance
With respect to (a) electric and (b) hybrid vehicles, what amount was derived from import duties and value-added tax on both vehicle classes in the past financial year?
Reply:
a) Electric Vehicles
In the 2021/22 financial year, South Africa imported electrical vehicles to the value of R478.0 million. Customs duties (including ad valorem duties) and VAT on imports declared amounted to R78.4 million and R52.9 million, respectively.
b) Hybrid Vehicles
In the 2021/22 financial year, South Africa imported hybrid vehicles to the value of R1 096.0 million. Customs duties (including ad valorem duties) and VAT on imports declared amounted to R136.5 million and R110.3 million, respectively.
The cumulative customs value of imports of both vehicle classes in the 2021/22 financial year was R 1 573. 9 million, whilst the Customs duties (including ad valorem duties) and VAT on imports declared amounted to R 214.9 million and R 163.2 million, respectively.
Imports of Electric and Hybrid Vehicles, 2021/22