Importations and Transit and Bond Movements In case you missed the release by South African Revenue Service (Sars) of its External Completion Manual – Single Administrative Document Declarations for Importation, Including Transit and Bond Movements, this document came into effect on 18 December 2009. The 108-page manual describes the completion and presentation of declarations when goods are imported or removed in transit/bond. Tariff Amendments – Paper and Paperboard On 29 January 2010 Sars published amendments to various Schedules to the Customs and Excise Act (the Act) relating to paper and paper board. The tariff amendments are as a result of the recommendations made by the International Trade Administration Commission of South Africa (Itac) in its Report No.151. These amendments, which are introduced with retrospective effect from 01 January 2010, relate to the: (i) The deletion of tariff subheadings 4801.00.10, 4801.00.20, 4801.00.90, 4805.91.10, 4805.91.90, 4805.92.10, 4805. 92.90, 4805.93.10, and 4805.93.90. (ii) The substitution of tariff subheadings 4801.00, 4802.54.20, 4802.55.20, 4802.56.20, 4802.57.20, 4802.58.20, 4802 .61.20, 4802.62.20, 4802.69.20, 4804.11, 4804.19, 48 04.21, 4804.29, 4804.31, 4804.41, 4804.42, 4804.49, 4804.51, 4804.52, 4804.59, 4805.11, 4805.12, 4805.19, 4805.24, 4805.25, 4805.50, 4805.91, 4805.92, 4805.93, 4807.00, 4808.10, 4808.20, 4808.30, 4808.90, 4810. 13.20, 4810.13.90, 4810.14.90, 4810.19.90, 4810.22.90, 4810.29.90, 4810.31.90, 4810.32.90, 4810.39.90, 4810. 92.90, 4810.99.90, 4811.10.90, 4811.49.90, 4811.51.90, 4811.59.90, 4811.60.90, and 4811.90.90. The rate of customs duty with the exception of tariff subheading 4810.13.90 were all free (0%); and (iii) The deletion of rebate items 310.02/4805.50/01.06, 310.05/4804.49/01.06, 310.05/4804.5/01.05, 310.07/ 4810.1/ 01.05, 310.07/4810.1/02.05, 310.08/4823.11/01.06, 316.04/4805.9/01.05, 316.04/48.07/01. 05, and 316. 04/4808.30/01.06. The extent of the rebate of the rates of customs duty were, in all instances, “full duty”; and (iv) The deletion of Rebate Items 460.10/48.04/01.04, 460.10/ 4804.31/01.06, 460.10/48.05/01.04, 460.10/48.05/02.04, and 460.10/48.08/01.04. The extent of the rebate of the rates of customs duty were, in all instances, “full duty”. Rule Amendment – Comment Closed Comments on the draft legislation relating to excisable goods and fuel levy goods (Schedule No.1 Part 1 and Schedule No.6 of the Act) have closed. Division of Revenue Bill, 2010 - Publication In a Government Gazette dated 22 January 2010 a notice appeared from National Treasury titled Publication of Explanatory Summary of the Division of Revenue Bill, 2010. According to the notice the Minister of Finance intends to table the Division of Revenue Bill, 2010, in the National Assembly on 17 February 2010. A copy of the Bill will be made available on the day.
