ANNOUNCEMENT 30 Nov 2018
The South African Revenue Service (SARS) eliminated the import tariff on primary steel products used in the manufacture of hydraulic cylinders, conveyor belt idler rollers and bases, and belt drive pulleys.
NUMBER OF INTERVENTIONS
South Africa Revenue Service (SARS), Government Gazette No. 42064 No. R. 1325. Available at: http://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2018-80%20-%20Notice%20R1325%20GG%2042064%20Schedule%204%20Part%202%20-%2030%20November%202018.pdf
International Trade Administration Commission of South Africa (ITAC) Report No. 586 of 5 September 2018. Available at: http://www.itac.org.za/upload/document_files/20181130123514_Report-586.pdf
On 30 November 2018, the SARS has adopted Notice R. 1325 establishing a temporary full rebate on primary flat-rolled steel classified under tariffs subheading 7208.51. Concretely, the duty rebate applies to hot-rolled steel plates used in the manufacture of hydraulic cylinders, conveyor belt idler rollers and bases, and belt drive pulleys. Previously to this decision, the general import duty was 10%.
This measure has been the result of an investigation carried out by the International Trade Administration Commission which after confirming that there was no local production of these goods recommended on its Report No. 586 the elimination of the import tariff.
The full rebate is subject to an ITAC permit.
The new changes do not affect the EU, EFTA and SADC countries as they already enjoyed a full rebate.