ANNOUNCEMENT 18 Oct 2019
The South African Revenue Service (SARS) has increased the import tariff on beet and cane sugar.
NUMBER OF INTERVENTIONS
South Africa Revenue Service (SARS), Government Gazette No. 42773 No. R.1346 of 18 October 2019. Available at: https://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2019-37%20-%20R1346%20GG427773%20Sch%201P1%20Sugar.pdf
South Africa Revenue Service (SARS), Government Gazette No. 42232 No. R.176 of 15 February 2019. Available at: http://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2019-01%20-%20R176%20GG42232%20Sugar.pdf
On 18 October 2019, the South African Revenue Service (SARS) has adopted Notice 1346 increasing the import tariff on beet and cane sugar from ZAR 401.79 c/kg (over USD 0.27 per kilogramme at the time of the announcement) to ZAR 476.61 c/kg (over 0.32 per kilogramme).
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 falls below the DBRP, a duty is levied.