On 26 January 2024, the South African Revenue Service (SARS) informed of the by the creation of a temporary rebate provision for the importation of certain cold-rolled steel and painted steel classifiable under tariff subheadings 7211.29 and 7212.40 Part 2 of Schedule No.4 to the Customs and Excise Act, 1964 (General Rebates of Customs Duties, Fuel Levy and Environmental Levy). The reasoning is contained in the International Trade Administration Commission of South Africa (ITAC) Report No.612.
By the insertion of the following Rebate Items, and the ‘Extent of Rebate’:
Rebate Item 460.15/7211.29/01.06 “Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated or coated, not further worked than cold-rolled (cold reduced), other, with a thickness of 0.3 mm or more but not exceeding a thickness of 1.6 mm, with a carbon content by mass of 0.5 per cent or more, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit.” Full duty
Rebate Item 460.15/7212.40/01.06 “Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, painted, varnished or coated with plastics, of a thickness of 0.5 mm or more but not exceeding 1 mm, with a carbon content by mass of 0.17 per cent or more but not exceeding 0.27 per cent, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit.” Full duty
