On 12 July, the South African Revenue Service (Sars) announced the substitution and insertion of various items of base metals and articles of base metal under Chapter 73 (Articles of Iron or Steel) of Part 1 of Schedule No 1 (ordinary customs duty) to the Customs and Excise Act No 91 of 1964, to increase the ‘general’ rate of customs duty on certain tubes, pipes and hollow profiles, seamless, of iron (excluding cast iron) or steel.
The substitution of tariff subheadings 7304.19, 7304.23, and 7304.29, and the insertion of tariff subheadings 7304.19.10, 7304.19.90, 7304.23.10, 7304.23.90, 7304.29.10, and 7304.29.90.
The reasoning is contained in International Trade Administration Commission of South Africa (Itac) Report No 601.
Section XV - Base Metals and Articles of Base Metal
Chapter 73 - Articles of Iron or Steel
Substitution
7304.19 - Other
7304.23 - Other drill pipe
7304.29 - Other
Insertion
7304.19.10 - Of a wall thickness not exceeding 25 mm and an outside cross-sectional dimension not exceeding 170 mm
7304.19.90 - Other
7304.23.10 - Of a wall thickness not exceeding 25 mm and an outside cross-sectional dimension not exceeding 178 mm
7304.23.90 - Other
7304.29.10 - Of a wall thickness not exceeding 25 mm and an outside cross-sectional dimension not exceeding 178 mm
7304.29.90 - Other
Story by: Riaan de Lange