ANNOUNCEMENT 06 Feb 2015

In February 2015, the members of SACU announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



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


Inception date: 06 Feb 2015 | Removal date: open ended
Still in force

Import tariff

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':

  • HS 7314.31 (plated or coated with zinc)
  • HS 7314.41 (plated or coated with zinc)

 
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.

AFFECTED SECTORS

 

AFFECTED PRODUCTS