ANNOUNCEMENT 06 Feb 2015In February 2015, the members of SACU announced a change in import duties.
NUMBER OF INTERVENTIONS
South Africa Revenue Service (SARS), Government Gazette No.38442, No. R.68, 6 February 2015: http://www.sars.gov.za/AllDocs/Embargo/Tariffs/LAPD-LSec-CE-TA-2015-02%20-%20Notice%20R68%20GG%2038442%206%20February%202015.pdf
International Trade Administration Commission of South Africa (ITAC) Report No. 487, 25 November 2014: http://www.itac.org.za/upload/document_files/20150218092136_Report-No-487-Increase-in-the-rate-of-customs-duty-on-certain-wire-products.pdf
On 6 February 2015, the South African Revenue Service (SARS) increased the tariff rate on certain wire products from 5% to 15% ad valorem. The tariff affects 'barbed wire of iron or steel; twisted hoop or single flat wire, barbed or not, and loosely twisted double wire, of a kind used for fencing, of iron or steel':
The International Trade Administration Commission of South Africa (ITAC) decided to raise the customs duty since the SACU industry is not price competitive vis-ŕ-vis imports. Thus, the duty applies to products entering the Southern African Customs Union (SACU). The EU, EFTA and the Southern African Development Community (SADC) are exempted from the tariff.