On 11 November 2014 the South African Revenue Service (Sars) published draft Rules 21A to the Customs and Excise Act No.91 to 1964 (Provisions for the administration of customs controlled areas within industrial development zones) for comment by 28 November 2014. The notification contained a brief explanation which read: "The draft rules relate to the substitution in the rules for section 21A of Industrial Development Zone (IDZ) for Special Economic Zones (SEZ)".
Our analysis of the draft amendments identified, amongst other, certain omissions. Should you be interested in our analysis, simply send us an email, with “SEZ rule” in the subject line.