On 15 February the South African Revenue Service (Sars) announced a retrospective amendment, with effect from 03 August 2018 to 02 August 2019, of safeguard item 260.03/7318.15.39/01.08, in Part 3 of Schedule No 2 to the Customs and Excise Act, 1964, to implement a safeguard duty of 50.54% on other screws, fully threaded with hexagon heads (excluding those of stainless steel), classifiable in tariff subheading 7318.15.39.
The safeguard duty is not applicable to all countries. If you are interested in the countries excluded, this information is contained in Customs Buzz. The safeguard duty also does not apply to imports under rebate items 301.00 to 399.00, and 401.00 to 499.00 (excluding rebate items 317.06/00.00/03.00 and 460.17/00.00/03.00).
The reasoning for the safeguard duty is contained in the International Trade Administration Commission of South Africa (Itac) Report No.596
The Safeguard Duty applies to all countries, except: Afghanistan, Albania, Algeria, American Samoa, Angola, Antigua and Barbuda, Argentina, Armenia, Azerbaijan, Bangladesh, Belarus, Belize, Benin, Bhutan, Bolivia (Plurinational State of), Bosnia and Herzegovina, Brazil, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Central African Republic, Chad, Chile, Chinese Taipei (Taiwan) Colombia, Comoros, Congo(Democratic Republic of the), Cook Islands, Costa Rica, Côte d'Ivoire,Cuba, Cura, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt (Arab Republic),El Salvador, Eritrea, Ethiopia, Fiji, Gabon, Gambia, Georgia, Ghana, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, India, Indonesia, Iran, Islamic Republic, Iraq, Israel, Jamaica, Jordan, Kazakhstan, Kenya, Kiribati, Korea(Democratic People’s Republic of), Kuwait, Kosovo, Kyrgyz Republic, Lao People’s Democratic Republic, Latvia, Liberia, Libya, Lithuania, Macedonia (the Former Yugoslav Republic of), Madagascar, Malawi, Maldives, Mali, Marshall Islands, Mauritania, Mauritius, Mexico, Micronesia (Federated States of), Moldova, Mongolia, Montenegro, Morocco, Mozambique, Myanmar, Nepal, Nicaragua, Niger, Nigeria, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Romania, Russian Federation, Rwanda, Samoa, Sao Tome and Principe, Saudi Arabia (Kingdom),Senegal, Serbia, Seychelles, Sierra Leone, Solomon Islands, Somalia, South Sudan, Silence, St. Lucia, Saint Vincent and the Grenadines, Sudan, Suriname, Syrian Arab Republic, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Tunisia, Turkey, Turkmenistan, Tuvalu, Uganda, United Arab Emirates, Ukraine, Uruguay, Uzbekistan, Vanuatu, Venezuela (Bolivarian Republic of), Vietnam, West Bank and Gaza, Yemen, Zambia, Zimbabwe.
Story by: Riaan de Lange
