http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.69Change: -0.05
R/$ = 12.32Change: -0.01
Au 1168.78 $/ozChange: -0.02
Pt 1083.00 $/ozChange: 1.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 22, 2012

Comment sought on trout industry duty review

Back
Africa|Aircraft|Generators|Industrial|Resources|Africa|South Africa|Mussel Processing Industry|Products|Service|The Government Gazette
Africa|Aircraft|Generators|Industrial|Resources|Africa||Products|Service|
africa-company|aircraft|generators|industrial|resources|africa|south-africa|mussel-processing-industry|products|service|the-government-gazette
© Reuse this
The International Trade Admini- stration Commission of South Africa (Itac) has released information relating to a proposed review of the cus- toms duties on salmon and trout. The application relates to salmon and trout, classifiable under tariff subheadings 0302.13, 0302.14, 0302.19, 0303.11, 03 03.12, 0303.13, 0303.19, 0304.41, 0304.49.90, 0304.42, 0304.59.90, 0304.81.90, 0304.89.90, 0304.91.90, 0304. 99.90, 0305.39.90, 0305.41, 0305.49.90, 0305.69, 0302.11, 0303.14, 0304.42, 0304.82.90, and 0305.43, and the creation of rebate item 460.01/0302.01/01.05 and rebate item 460.01/0303.1/01.05. The application was lodged by Itac and the aim of the review is also to monitor the performance of the Southern African Customs Union (Sacu) trout industry following the implementation of the Itac report’s recommendation. Comment is due by July 20, 2012.



Increase in Duty on Frozen Shelled Mussels
Itac is also proposing an increase in the rate of customs duty on frozen half- shelled mussels, classifiable under tariff subheadings 0307.39.10 and 0307.39.90, from 5.5c/kg and free of customs duty respectively to 25% ad valorem. The application was lodged by La Vie Seafood Products, which argued that aquaculture is an immature industry in South Africa that requires support. The importance of this industry as an oceanic foodstuff has been recognised and is starting to draw serious attention as South Africa’s natural resources of fish stocks are in decline. The mussel industry has also been directly identified as a priority section under ‘cluster one’ of government’s Industrial Policy Action Plan (Ipap) for 2010 to 2013. The application is a direct proactive response by the mussel processing industry to government’s stated industrial policy imperative for this Ipap priority sector. Comment is due by July 6, 2012.

Lawnmower Blades
On June 08, 2012, the South African Revenue Service (Sars) reported that two tariff subheadings had been created to provide for lawnmower blades. Tariff subheading 8208.40.10 provides for the increase in the general rate of customs duty, from free of customs duty to 20% ad valorem. Tariff subheading 8208.40.90 provides for a general tariff subheading and is duty free.

Publication of Airport Charges
Airports Company of South Africa informed through a notice in the Government Gazette of May 25, 2012, of the ‘Publication of Airport Charges’. The notice contains a schedule which details: (i) liability to pay airport charges; (ii) notification of movement of aircraft and payment of charges; (iii) landing charges; (iv) parking charges; and (v) passenger service charges.

Customs Rules for Travellers
Previously, I wrote about a Sars notice to amend the Rules to the Customs and Excise Act (Sections 15 and 120), and forms relating to the Traveller Card (TC-01) and the Traveller Declaration. It is important to take account of the implementation date at the following border posts: Oshoek (June 30), Ficksburg (July 7), and Maserubridge (July 14).

Reduction of Duty on AC Generators
Itac informed of the proposed reduc- tion in the rate of customs duty on ac generators (alternators), classifiable under tariff subheadings 8501.61.10, 8501.61.90, and 8501.62.00, with a “general” rate of customs duty of 5% ad valorem, 10% ad valorem and 10% ad valorem respectively to free of customs duty. The application was lodged by Hudaco, which claimed that there were no longer manufacturers of alternators in the Sacu region and that the reduction in the customs duty would indirectly lead to job creation. Comment is due by June 22, 2012.

Withdrawal of Rebate Item 470.01
Itac informed of the proposed withdrawal of rebate item 470.01/00.00/01.00 in Schedule No 4 of the Customs and Excise Act, which provides for a rebate of the full duty on the temporary importation of goods for processing, provided such goods do not become the property of the importer. The application was lodged by Itac, which said it was possibly inappropriate to use of rebate item 470.01 in the absence of any control measures, such as registration and permits issued by Itac, while the processing allowed in rebate item 470.01 is adequately covered under Rebate Item 470.03. Comment is due by June 22, 2012.

Edited by: Terence Creamer
Creamer Media Editor
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Trade@Work News
The International Trade Administration Commission of South Africa (Itac) informed on June 19  that, in accordance with the provisions of its antidumping regulations (ADR), any definitive antidumping duty would be terminated on a date not later than five years from...
One of my passions in life is to study and uncover the origin of words, especially those that pertain to international trade – international trade terminology, if you will. In earlier columns I explored the origins of, besides others, 'duty', ,tax' and 'levy'. I am...
On June 3, the Department of Trade and Industry (DTI) announced that it had identified the need for South African export promotion and development legislation and that it was preparing a White Paper (no mention of a Green Paper) and a National Export Development and...
More
 
 
Latest News
An end to wage negotiations within the local government sector could be in sight as a conciliator’s proposal, setting out a number of settlement suggestions to resolve the deadlock, was expected on Monday. The Independent Municipal and Allied Trade Union (Imatu)...
Development financier Eastern Cape Development Corporation (ECDC) executive Noludwe Ncokazi on Friday said the organisation had the “huge responsibility of ensuring business continuity”, following the resignation of ECDC subsidiary Automotive Industry Development...
South Africa’s second-largest oil refinery, Engen Refinery (Enref), is set to undergo a three-day planned maintenance outage from July 9 as part of an ongoing maintenance programme to ensure that the facility, which delivers a significant portion of South Africa’s...
More
 
 
Recent Research Reports
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
Real Economy Insight: Automotive 2015 (PDF Report)
Creamer Media’s Real Economy Year Book comprises separate reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, gold, iron-ore and platinum sectors.
Real Economy Insight: Water 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Construction 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Electricity 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
Real Economy Insight: Road and Rail 2015 (PDF Report)
Creamer Media’s Real Economy Year Book has been divided into individual reports under the banner Real Economy Insight and investigates key developments in the automotive, construction, electricity, road and rail, steel, water, coal, gold, iron-ore and platinum sectors.
 
 
 
 
 
This Week's Magazine
NHLANHLA NENE The main constraints to economic growth are domestic
Finance Minister Nhlanhla Nene earlier this month stated that, while South Africa’s 2015 economic growth target of 2% was achievable, it was not enough to deliver the tax revenue needed to combat the country’s challenges.
The World Steel Association has published the 2015 edition of the World Steel in Figures report, which shows an increase in steel production as well as provides an overview of steel industry activities from crude steel production to apparent steel use.
The 25-year master plan for Gauteng’s Aerotropolis project will go through a process of approval and adoption during June and July, says Aerotroplis project manager Jack van der Merwe. “We are also in the process of putting together a special purpose vehicle (SPV) to...
SOLAR PANELS The existing buildings in the Coega Industrial Development Zone lent themselves well to rooftop solar panel installations
The Coega Development Corporation (CDC) plans to fit 15 of its buildings, totalling 127 000 m2 of roof space, in the Coega Industrial Development Zone (IDZ), in the Eastern Cape, with solar panels.
The Supreme Court of Appeal’s (SCA’s) November 2014 judgment, ordering steel producer ArcelorMittal South Africa (AMSA) to hand over the 2003 Environmental Master Plan for its Vanderbijlpark steel plant to environmental pressure groups, confirmed the right of civil...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96