On 26 January 2024, the South African Revenue Service (SARS) informed of the insertion of Part 2 of Schedule No.4 to the Customs and Excise Act, 1964 (General Rebates of Customs Duties, Fuel Levy and Environmental Levy), by the insertion of Rebate Item 460.15./7301.10/01.06 in order to provide for the creation of a temporary rebate of the customs duty for the importation of sheet piling of iron or steel, whether or not drilled, punched or made from assembled elements excluding those that are cold-rolled (cold-reduced) classifiable under tariff subheading 7301.10. The reasoning is contained in the International Trade Administration Commission of South Africa (ITAC) Report No.690.
By the insertion of the Rebate Item, for which the ‘Extent of Rebate’ is full duty:
Rebate Item 460.15/7301.10/01.06 “Sheet piling of iron or steel, whether or not drilled, punched or made from assembled elements, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit, provided the goods are not available in the SACU market.”