ANNOUNCEMENT 29 Dec 2017

In December 2017, the South African Revenue Service (SARS) introduced a full rebate on certain structural steel sections.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

South Africa Revenue Service (SARS), Government Gazette No. 41363, No. R.1516 of 29 December 2017:
http://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2017-78%20-%20Notice%20R1516%20GG%2041363%20Sch4P2%20-%20Steel%20%20ITAC%20Report%20No%20563%2029%20December%202017.pdf
International Trade Administration Commission of South Africa (ITAC) Report No. 563, 30 October 2017: http://www.itac.org.za/upload/document_files/20180109023013_Report-563.pdf

Inception date: 29 Dec 2017 | Removal date: open ended
Still in force

Import tariff

The rebate was introduced on 29 December 2017. The products subject to the full rebate on import tariffs are certain structural steel in the form of H and I sections, classified under HS code subheading 7228.70. The import tariff subject to full rebate is 10%, whilst it is 0% for countries members of the EU, EFTA and SADC.

The rebate facility will notably be subject to import control and a rebate permit, which will be subject to certain rules and guidelines stipulated by the International Trade Administration Commission of South Africa (ITAC). The intervention was announced as a temporary rebate, however, no removal date was stipulated.

AFFECTED SECTORS

 
412

AFFECTED PRODUCTS

 
722870