You are correct. The world is a crazy place full of people without any clue who are making the rules. What they don't realize is that the food manufacturing industries will suffer greatly as PG and VG is used in just about everything we consume.
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Propylene glycol is a...
From the 1st of July there is also a new tax imposed on all liquids including base. Eur 0.15 per milliliter. That is Euro150,00 extra tax on a liter of PG or VG and 18 Euro extra tax on a 120ml bottle of e-liquid. With or without Nic. So, the tax alone on the VG is ZAR3000,00