How well do you know your Tariff Book? In the next few weeks, we’ll be testing your knowledge. The first question relates to which tariff subheading (6 to 8-digits) attracts the highest rate of customs duty. And we’re looking for three answers - one for the highest ad valorem rate of customs duty, the second for the highest specific rate of customs duty, and the third for the highest formula duty (rated duty). In your answer please specify the tariff subheading and the ordinary rate of customs duty. Please send your responses to customsbuzz@nowmedia.co.za, and in the title simply state “Highest Rate of Ordinary Customs Duty”. We will publish the answer in next week’s issue, and in addition we’ll be posing another question. Story by : Duty Bound
