On 15 July the South African Revenue Service (SARS) announced an amendment to Part 2 of Schedule No.4 to the Customs and Excise Act, 1964 “General Rebates of Customs Duties, Fuel Levy and Environmental Levy - Temporary Rebates of Customs Duties” by the insertion of various Items under Rebate Item 460.15 in order to provide for a Temporary Rebate provision for the importation of primary flat steel products classifiable in tariff headings 72.08, 72.09, 72.10, 72.11, 72.12, and tariff subheadings 7225.1, 7225.99 and 7226.9.
The reasoning is contained in the International Trade Administration Commission of South Africa (ITAC) Report No.667.