Sars on 11 April 2014 announced the termination of the countervailing duties on stranded wire, ropes and cables, classifiable under tariff subheadings 7312.10.20, 7312.10.25, 7312.10.40 and 7312.10.90, originating in or imported from India, with retrospective effect from 14 February 2014. Sars also announced the termination of the countervailing duties on stranded wire, ropes and cables, classifiable under tariff subheading 7312.10, originating in or imported from India, with retrospective effect from 12 February 2014 up to and including 13 February 2014.
There are now no countervailing duties in operation in South Africa and the Southern African Customs Union.