A weekly summary of the main changes to the South African tariff dispensation and amendments to customs and excise legislation. Compiled by Riaan de Lange.
E-mail: riaan.de.lange@za.pwc.com Pricewaterhouse Coopers Customs & International Trade (CIT) consultancy
VAT Number on
All Invoices
The South African Revenue Service (SARS) has announced that with effect from 1 March 2005, the Value-added Tax (VAT) number of a business must be reflected on all its tax invoices exceeding R1 000 in order for it to validate its claims for input tax. This rule also applies to any subsequent debit or credit notes issued in respect of those supplies.
The changes were introduced by the amendment to certain sections of the VAT Act published in the Government Gazette on 22 December 2003. Readers who may have questions on the impact of the new tax invoice requirements on their businesses can submit them by e-mail to taxinvoices@sars.gov.za.
Countervailing (Anti-subsidy) Regulations published for Comment
Comments closed on
20 September 2004.
No Rule Amendments
- 23 September
Tariff Amendments
- 23 September
The effect of this amendment is that the total value of the goods declared under item 407.00 is increased from R11 250 to R15 000 read in conjunction with rebate item 407.02/00.00/01.00 and 02.00.
Tariff Amendments
- 21 September
The general rate of customs duty (duty) on feed supplements, containing by mass 40 % or more lysine, whether or not containing added antibiotics or added melegestrol acetate, has been reduced from 6% ad valorem to 4% ad valorem.
The general rate of duty on lysine and its esters; salts thereof; has been reduced from 6% ad valorem to 4% ad valorem.
Tariff Applications
- Response due
Reduction of the duty on air springs, classifiable under tariff subheading 8716.90 and 8708.99.90, from 15% ad valorem and 20% ad valorem respectively to free of duty. The application was lodged by BPW Axles (Pty) Ltd who stated that there were no Southern African Customs Union (SACU) manufacturers of air springs and the duty payable was increasing the already high cost of importing the product.
Response due by
22 October 2004.
Reduction of the duty on preparations put up as mollusk food from 20 per cent ad valorem to free by amending the existing scope of tariff subheading 2309.90.15.
The application was lodged by the Marine Growers (Pty) Ltd reasoning that the abalone feed produced in the SACU is not suitable for abalone production in the warm waters of the Eastern Cape. According to them, the feed produced in the SACU is recommended for use in water temperatures lower than 18 degrees Celsius, for better digestion of the feed.
Response due by
1 October 2004.
