ANNOUNCEMENT 12 Jul 2019
The South African Revenue Service (SARS) has increased the import duties on certain tubes, pipes and hollow profiles of iron or steel.
NUMBER OF INTERVENTIONS
South Africa Revenue Service (SARS), Government Gazette No. 42577 No. R. 984 of 12 July 2019. Available at: https://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2019-28%20-%20R984%20GG42577%20Schedule%201P1%20Tubes%20and%20pipes.pdf
International Trade Administration Commission of South Africa (ITAC) Report No. 601 of 17 April 2019. Available at: http://www.itac.org.za/upload/document_files/20190712101500_Report-601.pdf
On 12 July 2019, the SARS has adopted Notice R. 984 creating six new eight-digits tariff subheading under tariff heading 7304.
The objective of this legislation is to increase the competitiveness of the local industry which is facing price disadvantage vis-à-vis Asian manufacturers.
As a result of the changes introduced, the import duty on products classified under 7304.19.10, 7304.23.10 and 7304.29.10 have increased from 10% to 15%.
The import tariff increase does not apply to the EU, EFTA and SADC countries.
This measure has been the result of an investigation carried out by the International Trade Administration Commission which findings were published on its Report No. 601.