ANNOUNCEMENT 18 Oct 2019
The South African Revenue Service (SARS) has established a temporary full rebate on the import duties applicable to petroleum jelly, fibre reinforced plastic and glass, certain plastic rods, wire of non-alloy steel, optical fibre and optical fibre cables.
NUMBER OF INTERVENTIONS
South Africa Revenue Service (SARS), Government Gazette No. 42773 No. R. 1347 of 18 October 2019. Available at: https://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2019-38%20-%20R1347%20GG427773%20Sch%204P2%20Fibre.pdf
International Trade Administration Commission of South Africa (ITAC) Report No. 603 of 29 July 2019. Available at: http://www.itac.org.za/upload/document_files/20191018100847_Report-No-603.pdf
On 18 October 2019, the SARS has adopted Notice R. 1347 establishing a temporary full rebate on petroleum jelly, fibre reinforced plastic and glass, certain plastic rods, wire of non-alloy steel, optical fibre and optical fibre cables, used in the manufacture of optical fibre cables. The affected goods are classified under tariff subheadings 2712.10.20, 3916.90.90, 8544.70, 9001.10 and 72.17.
Previously to this decision, the general import duty on these products ranged between 10% and 15%.
This measure has been the result of an investigation carried out by the International Trade Administration Commission who after confirming that there was no local production of these goods, recommended on its Report No. 603 the elimination of the import tariff. In that document, the ITAC points out, that in order to enjoy the rebate, interested parties must obtain a special permit issued by this administration.
The new changes do not affect the EU and SADC countries as they already enjoyed a full rebate.