Dec 16, 2011
Sars creates Web page for HS2012 amendmentsBack
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All one needs to do to access the website is to enter ‘http://www.sars.gov.za/home.asp?pid=73587’ into one’s browser and one will be able to download information on the phasing down of customs duties in terms of the free trade agreement with the European Union (EU), the phasing down of customs duties in terms of the free trade agreement with the European Free Trade Area (EFTA), the phasing down of customs of duties in terms of the Motor Industry Development Programme, the reduction in the rate of duty on paper and paperboard, the reduction in the rate of duty on aluminium products classifiable under tariff headings 76.06 and 76.07 and the reduction in the general rate of duty on organic surface-active agents and primary plastic polymers and technical amendments, as well as requests for the creation of additional tariff subheadings for statistical purposes from industry and government agencies.
Display Panels Amendment
Display Panels – Tariff Amendment
Display Panels Rebate Provision Amendment
Renewal of 2012 Licences Due
Dumping: Fully Threaded Screws with Hexagon Heads
The application was lodged by the South African Fastener Manu- facturers Asso- ciation (SAFMA), an industrial organisation for the major producers of the subject product in the Southern African Customs Union (Sacu) region. The SAFMA constitutes 80% of the Sacu production value.
The allegation of dumping is based on the comparison between the normal value in China and the export price from China. The normal value was constructed based on the cost of production plus general selling and administration expenses and profit in China. The export price was based on six-month import statistics from Sars.
Proposed Increase in Duty: Stainless Steel Sinks
The application was lodged by Franke Kitchen Systems, which reasoned that the stainless-steel sinks industry is currently distressed as a result of lowly priced stainless-steel sinks imported from China and other countries. An increase in the rate of customs duty from 20% ad valorem to 30% ad valorem will protect the local market and enable them to be more competitive.
Edited by: Martin Zhuwakinyu© Reuse this
Creamer Media Senior Deputy Editor
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