On 29 June the South African Revenue Service (Sars) announced the substitution of safeguard items 260.03/72.08/01.04 and 260.03/7225.40/01.06 to exclude the rebate items 460.15/7208.5/01.05 to 460.15/7208.5/07.05 and 460.15/7225.40/01.06 to 460.15/7225.40/09.06 to the Customs and Excise Act, 1964, so as to exclude certain hot-rolled steel from being subject to the safeguard duty.
The substitution is for the period 29 June up to and including 10 August 2018.
Sars on 29 June announced the substitution of safeguard items 260.03/72.08/01.04 and 260.03/7225.40/01.06 to exclude rebate items 460.15/7208.5/01.05 to 460.15/7208.5/07.05 and 460.15/7225.40/01.06 to 460.15/7225.40/09.06 to the Act, 1964. As a consequence, certain hot-rolled steel is excluded from the safeguard duty.
The substitution is for the period 11 August 2018 up to and including 10 August 2019.
On 29 June 2018, SARS informed of the substitution of Safeguard Item 260.03/72.08/01.04 and 260.03/7225.40/01.06 to exclude Rebate Items 460.15/7208.5/01.05 to 460.15/7208.5/07.05 and 460.15/7225.40/01.06 to 460.15/7225.40/09.06 to the Act, 1964, so as to exclude certain hot-rolled steel from being subject to safeguard duty.
The substitution is for the period 11 August 2019 up to and including 10 August 2020.
On 29 June Sars announced the substitution of safeguard item 260.03/72.08/01.04 and 260.03/7225.40/01.06 to exclude rebate items 460.15/7208.5/01.05 to 460.15/7208.5/07.05 and 460.15/7225.40/01.06 to 460.15/7225.40/09.06 to the Act, 1964. As a consequence, certain hot-rolled steel is excluded from the safeguard duty.
The reasoning for the substitutions are detailed in the Itac report no 576.