Refund Items – Excise
Duty
On 19 October the South
African Revenue Service
(Sars) announced the
following two Refund Items,
in terms of Schedule No.5
to the Customs and Excise
Act – Rebates and Refunds
of Excise Duties, Fuel Levy,
Road Accident Fund Levy
and Environmental Levy –
relating to fuel:
(i) The insertion
of Refund Item
623.27/105.10./01.01
and Refund Item
672.01/105.10/01.01 for fuel
supplied by the Petroleum
Oil & Gas Corporation of
South Africa (SOC) Ltd
for the trunkline-fill of the
NMPP from Island View
Durban to Jameson Park,
before 31 March 2012, not
exceeding
154 744 400 li. The extent of
the refund is the duty paid
in Schedule No.1 Part 2A –
Specific Customs Duties and
Specific Excise Duty. The
amendment is imposed with
retrospective effect to 01
January 2010.
(ii) The insertion
of Refund item
623.27/105.10./02.01
and Refund Item
672.01/105.10/02.01 for fuel
supplied by Sasol Oil (Pty)
Limited for the secondary
line-fill for the NMPP from
Jameson Park to Alrode
to Langlaagte and from
Kendal to Waltloo, before 31
March 2012, not exceeding
20 358 410 li. The extent of
the refund is the full Fuel
Levy (Schedule No.1 Part
5A) less 7.5c/li and full
Road Accident Fund Levy
(Schedule No.1 Part 5B).
The amendment is imposed
with retrospective effect to
01 January 2010.
Refund Item – Customs
Duty
On 19 October 2012 Sars
announced the amendment
of Schedule No. 5 Part
3 – Specific Drawbacks
and Refunds of Customs
Duties and Fuel Levy
– relating to fuel by the
insertion of refund item
539.01/2710.1/01.05 for fuel
supplied by the Petroleum
Oil & Gas Corporation
of SA (SOC) Ltd for the
trunkline-fill of the NMPP
from Island View Durban
to Jameson Park, before 31
March 2012, not exceeding
154 744 400 li. The extent
of the refund is full duty
in Schedule No.1 Part 1 –
Ordinary Customs Duty.
The amendment is imposed
with retrospective effect to
01 January 2010.
PVC Dumping
Investigation
The International Trade
Administration Commission
of South Africa (Itac)
announced the initiation of
a sunset review of the antidumping
duties on plates
and sheets, film, foil and
strip of polymers of vinyl
chloride (PVC), classifiable
under tariff subheading
3920.49, (the product)
originating in or imported
from the People’s Republic
of China (China) and
Chinese Taipei.
On 01 July 2011 Itac
notified all interested parties
that a substantiated request
needed to be made by the
Southern African Customs
Union (Sacu) industry
indicating that the expiry of
the anti-dumping duties on
the product originating in
or imported from China and
Chinese Taipei would likely
lead to the continuation or
recurrence of dumping and
material injury.
On 26 June 2012 Itac
accepted a sunset review
application from Arengo 190
(Pty) Ltd, alleging that the
expiry of the anti-dumping
duties on the product from
the countries concerned
would likely lead to the
recurrence of dumping and
material injury.
South African importers
and overseas exporters now
have until 29 October 2012
to submit their comments.
DUTY CALLS
0 Comments
