On 25 April 2014 Sars announced the insertion after the heading of Part 2 and before rule 46A2.01 of the following heading and rule: "46A2A Termination of Generalised System of Preferences (GSP)”. On 31 December 2013 the Generalised System of Preferences (GSP) granted by the European Union (EU) and for which these rules provide ceased to apply.
With effect from 01 January 2014, the EU will grant any GSP rates of duty that are more favourable than those under the agreement on Trade, Development and Cooperation (TDCA) between the EU member States and South Africa on goods exported from South Africa under the TDCA if the goods have originating status in accordance with the TDCA