The International Trade Administration Commission of South Africa (Itac) has proposed a reduction in the “General” rate of customs duty graphite electrodes, classifiable under tariff subheading 8545.11, from 10% ad valorem to free of duty.
The investigation was initiated by Itac who reasoned that the existing Southern African Customs Union (Sacu) manufacturer is ceasing manufacturing operations. The customs duty will no longer serve the purpose of supporting domestic manufacturing, employment and investment in the relevant industry. The existence of a customs duty could place an undue cost burden on the downstream industry.
Comment is due by 17 April 2014.