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Customs

Hot-rolled Steel Tariff Increase

Publish Date: 
14 Jun 2016

Sars on 10 June published the increase in the ‘general’ rate of customs duty on hot-rolled steel, classifiable in various tariff subheadings in Tariff Chapter 72 to the Act ‘Iron and Steel’, from free of duty to 10% ad valorem. The reasoning for Itac’s recommendation is contained in its report number 524.

“7208.10 - In coils, not further worked than hot-rolled, with patterns in relief

7208.25 - - Of a thickness of 4.75 mm or more

7208.26 - - Of a thickness of 3 mm or more but less than 4.75 mm

7208.27 - - Of a thickness of less than 3 mm

7208.36 - - Of a thickness exceeding 10 mm

7208.37 - - Of a thickness of 4.75 mm or more but not exceeding 10 mm

7208.38 - - Of a thickness of 3 mm or more but less than 4.75 mm

7208.39 - - Of a thickness of less than 3 mm

7208.53 - - Of a thickness of 3 mm or more but less than 4.75 mm

7208.54 - - Of a thickness of less than 3 mm

7208.90 - Other

7211.13- - Rolled on four faces or in a closed box pass, of a width exceeding 150 mm and a thickness of not less than 4 mm, not in coils and without patterns in relief

7211.14 - - Other, of a thickness of 4.75 mm or more

7211.19 - - Other

7225.30 - Other, not further worked than hot-rolled, in coils

7226.91 - - Not further worked than hot-rolled”.

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