http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 14.20Change: 0.10
R/$ = 10.97Change: 0.06
Au 1232.84 $/ozChange: -1.91
Pt 1366.00 $/ozChange: 3.00
 
 
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 Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Jun 22, 2012

Comment sought on trout industry duty review

Back
Africa|Generators|Industrial|Resources|Africa|South Africa|Mussel Processing Industry|Products|The Government Gazette
Africa|Generators|Industrial|Resources|Africa||Products|
africa-company|generators|industrial|resources|africa|south-africa|mussel-processing-industry|products|the-government-gazette
More Insight
© 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
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Callie Lombard News
The World Trade Organisation's (WTO's) Dispute Settlement Body (DSB) informed on August 29  that it had adopted the Panel and Appellate Body (PAB) reports, which found that the People’s Republic of China’s export restrictions on rare earths, tungsten and molybdenum...
On August 22, trade remedy history was made – the International Trade Administration Commission of South Africa (Itac) informed of the initiation of an investigation into the alleged dumping of portland cement, classifiable under tariff subheading 2523.29,...
The World Trade Organisation (WTO) announced on August 8 that its 2014 Public Forum on 'Why trade matters to everyone' would have 71 sessions. The three-day, forum, which will run from October 1 to 3, will focus on the human story behind trade, giving participants an...
More
 
 
Latest News
DBSA CEO Patrick Dlamini
Following record disbursements of R12.7-billion in 2014, the State-owned Development Bank of Southern African (DBSA) reported on Monday that it planned to raise total yearly disbursements to R22-billion by 2017, with a major focus on under-resourced municipalities....
Through consolidating its operations into one central 59 000 m2 building, which was currently under construction near Freedom Park in Tshwane, Statistics South Africa (Stats SA) would streamline its processes and achieve greater efficiency, Minister in the Presidency...
Tanzania has signed an agreement with French oil producer Maurel et Prom and Wentworth Resources for the supply of gas aimed at doubling the country's power generation capacity to 3 000 MW by 2016. Oslo Stock Exchange and London AIM-listed Wentworth Resources said in...
More
 
 
Recent Research Reports
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
Real Economy Insight: Automotive 2014 (PDF Report)
This four-page brief covers key developments in the automotive industry over the past 12 months, including an overview of South Africa’s automotive market, trade figures, production and the policies influencing the sector.
Real Economy Insight: Construction 2014 (PDF Report)
This five-page brief covers key developments in the construction industry over the past 12 months. It provides an overview of the sector and includes details of employment in the sector, infrastructure and municipal spending, as well as insight into companies’...
Real Economy Insight: Electricity 2014 (PDF Report)
This five-page brief covers key developments in the electricity industry over the past 12 months, including details of State-owned power utility Eskom’s generation activities, funding and tariffs, independent power producers and prospects for the sector.
Real Economy Insight: Road and Rail 2014 (PDF Report)
This six-page brief covers key developments in the road and rail industries over the past 12 months, including details of South Africa’s road and rail network and prospects for both sectors.
 
 
 
 
 
This Week's Magazine
The board of UD Trucks Southern Africa (UDTSA) has announced the resignation of MD Jacques Carelse.   Long-time UD employee, corporate planning and marketing GM, Rory Schulz, has been appointed as acting MD while the process started to appoint a new MD. The Japanese...
There is a need to start planning another pumped storage scheme in South Africa. Much work has already been done at a site in the Limpopo province and the project was very close to being put out to tender at one stage. In 2008/9 the National Energy Regulator of South...
The Coega Development Corporation (CDC) is preparing to leverage its strategic coastal position to develop the Eastern Cape economy through proposed aquaculture development zones (ADZs), with a proposed R2-billion project aiming to contribute $278-million to the...
Completion of the ongoing construction of the 102 km Zomba–Jali–Phalombe–Chitakale road, in southern Malawi, has been extended from June  to December 15 because of persistent rains and difficulties in paying the contractor. The project is being undertaken by Kuwait's...
The Malawi government has awarded South African firm  Fischer Consortium the  contract to upgrade the Malawi Road Traffic Information System. The Directorate of Road Traffic and Safety Services at Malawi's Ministry of Transport and Public Works says Fischer...
 
 
 
 
 
 
 
 
 
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