In last week’s issue we advised of two tariff amendments with respect to plastic bags, to include thermoplastic materials under compulsory specifications for plastic bags and flat bags as recommended by the National Regulator of Compulsory Specifications (NRCS) VC 8087/2013.
These tariff amendments are proposed as a consequence of the amendments published by the NRCS in the Government Gazette of 28 September 2012, effective from 06 March 2014.
The third tariff amendment - that of Additional Note 3 to Chapter 39 to the Act - will be published on 28 November 2014, also effective from 01 December 2014.
3. For the purposes of subheadings 3923.21.07, 3923.21.17, 3923.29.40 and 3923.29.50 the expression:
(a) "carrier bags" shall mean bags constructed with handles, and with or without gussets;
(b) "flat bags" shall mean bags constructed without handles, and with or without gussets; and
(c)"immediate packings" shall mean bags that are in direct or immediate contact with the products and are used for packing goods in sets or units or other marketable quantities but do not extend to bags in which such sets or units or other marketable quantities are packed for ease of transport or consolidation purposes.
Before moving on to the next article, what are paying for a plastic bag if you still purchase one after your purchases? Then do you know what levy (really a tax if you come to think of it) is applicable to plastic bags? Spot the margin?
