Tariff amendments - 7 February
Rebate item 412.02/6304.91/01.06 has been created for nets treated with insecticides for the control of mosquitoes, in such quantities and at such times as the Director General: Trade and Industry after consultation with the Director General: Health may allow by specific permit. The extent of the rebate is full duty.
Tariff applications - response due
Revision of the customs tariff dispensation, including rebate facility 460.01/04.00 with respect to dairy products, classifiable under tariff headings 04.01 to 04.06.
Reduction of the customs duty (“duty”) on folding knives incorporating five or more auxiliary tools, classifiable under tariff subheading 8211.93.30, from 20 per cent ad valorem to free of duty.
Response on the applications due by 14 March.
Anti-dumping Notices -
31 January
Notice of the final determination of a review into the anti-dumping of
carbon blacks originating in or imported from Egypt. The Minister of Trade
and Industry (“Minister”) accepted the Board on Tariffs and Trade (“Board”) recommendation that the anti-dumping duties be retained unchanged.
Sunset review of the anti-dumping duties on aluminium hollowware originating in or imported from the Arab Republic of Egypt and originating in the Peoples Republic of China and imported from Hong Kong and/or the Peoples Republic of China: Final determination. The Minister accepted the Board’s recommendation that the anti-dumping duties be retained unchanged.
Duty Calls
OnLine - 2nd Forum ‘7 Tips for Considering Tariff Applications’
I want to thank readers who joined me for the 2nd Duty Calls Online Forum on 7 February when we discussed tariff applications. As with the first forum I have devised 7 tips to assist readers in considering tariff applications.
n Know the tariff heading/
subheading of your:
end product (manufactured or imported)
Imported Inputs
n Monitor imports into
the South Africa/Southern African Customs Union (Trade Stats):
Country of Origin
Import Volumes
Import Values
Unit Price
n Know the customs duty dispensation for your manufactured end product and imported inputs:
Customs duty
Ad valorem customs duty /Ad valorem excise duty
Free Trade Agreements (bi-lateral and multi-lateral)
n Ensure that the customs duty liability on imported inputs is lower than the customs duty on your manufactured end product
n Know the players in your market
Domestic Manufacturers
Importers
n Monitor and know the selling price of your competitor’s product(s)
n Consider the creation of/or the strengthening of an industry association
Compiled by Riaan de Lange of Deloitte & Touche Trade & Investment Solutions. E-mail: rdelange@deloitte.co.za