The South African Revenue Service (SARS) has extended an invitation to interested parties to comment on the draft legislation for the Industrial Development Zone (IDZ). The draft legislation relates to the rules of Section 21A “Provisions for the Administration of Customs Controlled Areas within Industrial Development Zones“ of the Customs and Excise Act (Act), and Schedule No.4 “General Rebate of Customs Duties and Fuel Levies” of the Act.
Comment closes on
25 June 2005.
Tariff Amendments
– 20 May 2005
The provisions of rebate items 307.04/3920.2/01.05 and 315.12/3920.4/01.05 i.e. “other plates, sheets, film, foil and strip, of plastics, non-cellular and not reinforced, laminated, supported or similarly combined with other materials of polymers of
vinyl chloride”, published in
the Government Gazette of
10 October 2003, are amended with retrospective effect from
22 February 2002.
The rate of customs duty (duty) on polyester polyols, containing 2 or more hydroxyl groups, liquids or pastes, with a hydroxyl number of 20mg KOH/g or more but not exceeding 100mg KOH/g (excluding those produced with ethylene oxide or capped with ethylene oxide and having a primary hydroxyl content or 20% or more), is reduced to free and the opportunity to simplify the tariff structure is being taken by deleting this subheading.
Tariff Application – Response Due
The reduction in the rate of duty on polyurethane tape, self-adhesive on both sides (double-side tape), classifiable under tariff subheadings 3919.10.07 and 3919.90.07, from 15% ad valorem to free. The application was made by Kenoron Products (Pty) Ltd.
Response due by 24 June 2005.
No Rule Amendments
– 20 May 2005
No Anti-dumping Amendment
– 20 May 2005
Anti-dumping Amendment – 17 May 2005
The anti-dumping duty on braided sterile absorbable sutures containing fibres of polygycolic or polyglactin formulations, 206.03/3006.10/01.06, is withdrawn as it expires on 12 May 2005.
The anti-dumping was imposed against products imported from or originating in Germany, at a rate of duty of 3 502c/12u.
