On 28 May 2021, the South African Revenue Service (SARS) announced an amendment to Part 1 of Schedule No.3 to the Customs and Excise Act, 1964, by the insertion of Rebate Item 320.01/6005.3/01.05 in order to create a rebate facility for warp knit fabrics classifiable in tariff heading 60.05, for use in the manufacture of upholstered furniture.
The reasoning is contained in the International Trade Administration Commission of South Africa (ITAC) Report No. 647.
Rebate Item 320.01/6005.3/01.05 reads: “Warp knit fabrics (including those made on galloon knitting machines) (excluding those of heading 60.01 to 60.04), of synthetic fibres, dyed or printed, laminated with another fabric that is either knitted or woven, of a mass exceeding 410 g/m2 but not exceeding 450 g/m2 and having a width exceeding 120 cm but not exceeding 150 cm, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit for use in the manufacture of upholstered furniture classifiable in tariff heading 94.01”
The tariff amendment is accessible at:
Story by: Riaan de Lange
