ANNOUNCEMENT 05 Oct 2018

The South African Revenue Service (SARS) increased the import tariff on beet and cane sugar.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

South Africa Revenue Service (SARS), Government Gazette No. 41960 No. R.1081 of 5 October 2018. Available at: http://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2018-72-%20Notice%20R1081%20GG%2041960%20Schedule%201%20Part%201%20-%205%20October%202018.pdf

South Africa Revenue Service (SARS), Government Gazette No. 41818 No. R.798 of 3 August 2018. Available at: http://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2018-46%20-%20Notice%20R798%20GG41818%20Schedule%201P1%206-5-2018-33%20(Sugar)%20(Eng)%20-%203%20August%202018.pdf

Inception date: 05 Oct 2018 | Removal date: 21 Dec 2018
Still in force

Import tariff

On 5 October 2018, the South African Revenue Service (SARS) adopted Notice 1081 increasing the import tariff on beet and cane sugar from 419.52 c/kg (approx. USD 0.28 per kg) to 460.68 c/kg (approx. USD 0.31 per Kg). Beet and cane sugar goods fall under the following HS code subheadings: 1701.12, 1701.13, 1701.14, 1701.91 and 1701.99.

The SARS uses a variable tariff formula in order to adjust the import duty to a dollar-based reference price (DBRP). The DBRP represents the lowest duty-free price an importer pays in order to import goods to the Southern African Customs Union (SACU). In case the price dips below the DBRP, a duty is levied.

 
Update
On 21 December 2018, the SARS announced a new import tariff on beet and cane sugar (please, see related state acts).

AFFECTED SECTORS