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: email@example.com PricewaterhouseCoopers Customs & International Trade (CIT) consultancy.
Countervailing Regulations Published
On 15 April 2005 the International Trade Administration Commission of South Africa (ITAC) published Countervailing Regulations. For the first time since 1914, when South Africa introduced trade remedies, we have regulations for all three trade remedies i.e. dumping, countervailing, and safeguards.
Countervailing duties are also called anti-subsidy duties and imposed in instances where goods are imported into South Africa at prices lower than the foreign company’s domestic selling price due to Government subsidies and incentives granted for exports.
No Tariff Amendments – 22 April
There were no tariff amendments published at the time of publication.
– No Response Due
No Rule Amendments
– 22 April
There were no rule amendments published at the time of publication.
– Response Due
The initiation of an investigation into the alleged dumping of polyethylene terephthalate (PET), classifiable under tariff subheading 3907.60.90, originating in or imported from China, Chinese Taipei (Taiwan), India, Indonesia, South Korea and Thailand.
Note: This is a non comprehensive statement of the law. No liability can be accepted for errors and omissions.
Samsa looks into bulker collision
THE SOUTH African Maritime Safety Authority (Samsa) has mounted an investigation into the collision near Cape Town between the bulk carrier Gisela Oldendorff and a local yacht, the Dolphin.
The incident occurred last Sunday (April 17), about nine nautical miles off Robben Island, while the 8-ton yacht was proceeding from Langebaan to her home base of Hout Bay.
The medium-size carrier, loaded with 19 000 tons of fertiliser, was on her way to the port of Cape Town to discharge part of her Tampa, Florida-loaded, cargo, the remainder destined for Durban.