Steel Panel Rebate
Provision
On 21 August 2015 the
South African Revenue
Service (Sars) announced
the insertion of rebate item
315.05/7308.90.90/01.01 in
Part 1 of Schedule No 3 to
the Customs and Excise Act,
1964 ‘Industry: structures
(excluding prefabricated
buildings of heading 94.06)
and parts of structures
(for example, bridges and
bridge-sections, lockgates,
towers, lattice masts, roofs,
roofing frameworks, doors
and windows and their
frames and thresholds for
doors, shutters, balustrades,
Pillars and Columns), of iron
Or steel; plates, rods, angles,
shapes, sections, tubes and
the like, prepared for use in
structures, of iron or steel’.
The intention of the
rebate item is to provide for
‘steel panels with an inner
core of Portland cement for
the manufacture of elevated
(raised) flooring systems
for buildings classifiable
in tariff subheading
7308.90.90’ to be imported
under the rebate of the full
customs duty.
Wheat and Wheaten
Flour Duty
Sars on 21 August 2015
announced, in terms of the
variable tariff formula, the
reduction in the rates of
customs (all rates of duty)
on wheat and wheaten
flour, classifiable in tariff
subheadings 1001.91 and
1001.99, from 80.01c/kg to
51.06c/kg and 120.02c/kg to
76.59c/kg respectively,
WTO Agreement on
RoO
The International Chamber
of Commerce (ICC) is
calling on countries to stop
rolling out unilateral nonpreferential
rules of origin
(RoO) and encouraging
them to conclude the World
Trade Organisation (WTO)
agreement on RoO (ARoO).
Negotiations on the WTO
ARoO have been at an
impasse for over a decade,
triggering a proliferation of
unilateral non-preferential
rules and creating severe
administrative burdens
and costs for companies,
especially small- and
medium-sized enterprises
(SMEs).
The ICC called on
governments to ratify and
honour the provisions of the
World Customs Organisation’s
(WCO) Revised Kyoto
Convention Specific Annex
K on definitions, principles,
standards and recommended
practices with regard to
origin.
The ICC has released its
‘Policy Statement on Non-
Preferential Rules of Origin
for Commercial Policy
Purposes’, which is very
insightful.
Customs Legislation
Update
On 17 August 2015 Sars
sent out an email with
the subject line ‘Special
Alert – Letter to customs
clients re new legislation’. It
is understood that the first
phase of implementation will
deal with ‘Registration and
Licensing’ for which Customs
stakeholders will be expected
to register. As there are
519 044 registered
stakeholders, assuming that
there are no duplications
and that all are ‘active’, and
allowing a year to register all,
this would mean processing
1 422 registrants per day.
Customs Acts Clock
Due to the interest in the date
of implementation of the “New
Acts”, we introduce a clock
counting the days since the
publication of the Customs
Duty Act, 2014 (duty) and
the Customs Control Act,
2014 (control) and when their
drafting commenced.
The days are in brackets: duty
(414), control (401), and Acts
(3 891).
DUTY CALLS
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