Draft Rules Electricity Levy The South African Revenue Service (Sars) has extended an invitation to all interested parties to comment on its proposed draft rule amendments to the Act relating to the electricity levy. You will recall that in recent years there has been an increase in the use of Environmental Levies, which is allocated in Schedule No.1 Part 3 to the Act. Comment is due by 16 November 2010. Draft Tariff Phase Down Sars has extended an invitation to all interested parties to comment on its proposed tariff amendments to Schedule No.1 Part 1 and Schedule No.3 as the proposed phase down for the South African Harmonised Tariff 2011. Comment is due by 15 November 2010. Tariff Amendment Stainless Steel Nuts On 05 November 2010, the South African Harmonised Customs and Excise Tariff was amended through means of the insertion of tariff subheading 7318.16.10 relating to stainless steel nuts. The rate of customs duty (duty) irrespective of the country of origin is free (0%). Rule Amendment Wine Ex Warehouse Sars informed of the amendment of Rule 35.04 to the Customs and Excise Act (“the Act”) to read as follows, “In the case of any removal of wine ex warehouse for payment of duty, the relative invoice referred to in rule 35.03 shall be deemed to be a certificate for removal of excisable goods but copies of such invoices shall not be deposited in the entry box unless required in writing by the Controller on the date or for the period mentioned in rule 20.14.” Rule Amendment Purpose Code Tables Sars informed of the amendment of various amendments to Rules 19A, 39 and 120 to the Act, including the insertion of Purpose Code Tables in the Schedules to the Rules to the Act. Completion of Declarations Manual On 01 November 2010, Sars released its External and Internal – Manual for the Completion of Declarations. The manual describes the completion and presentation of declarations when: (i) Goods are imported; (ii) Removed in transit/bond; (iii) Exported from the local market or ex warehouse; and (iv) When goods are moved between South Africa and the BLNS countries. Rebate of Duty External Policy On 01 November 2010, Sars released its External Policy – Clearance of Goods Qualifying for Rebate of Duty and/or VAT Exemption. According to the scope of the document the policy applies to goods cleared under rebate of Customs duties and/or Value-Added Tax (VAT) exemption. Duty Calls’ ‘To Do List’ In an effort to ensure that you do not miss a thing, the following serves as the reminder of comments that are due. Comment in respect of the proposed rebate of the customs duty on woven fabrics of synthetic filament yarn for the manufacture of headgear is due by 19 November 2010. Comment in respect of the antidumping duty on paper insulated lead covered electric cables originating in or imported from India is due by 29 November 2010.
