Itac has announced the proposed creation of rebate items for the importation of I and H sections, of iron or non-alloy steel, not further worked than hot-rolled, hot-drawn or extruded, classifiable in tariff subheadings 7216.32 and 7216.33. Comment is due by 20 October.
Rebate item 460/7616.32/xx “I sections of iron or non-alloy steel not further worked than hot rolled, hot-drawn or extruded, of a height of 530 mm or more, classifiable in tariff subheading 7216.32, in such quantities, at such times and subject to such conditions as Itac may allow by specific permit, provided the products are not available on the SACU market”.
Rebate item 460/7216.33/xx “H sections of iron or non-alloy steel not further worked than hot-rolled, hot-drawn or extruded, of a height and width of 300mm X 300 mm or more, classifiable in tariff subheading 7216.33, in such quantities, at such times and subject to such conditions as Itac may allow by specific permit, provided the products are not available on the SACU market.”