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Customs

Special Economic Zone (SEZ) – Comment due

Publish Date: 
28 Apr 2015

The South African Revenue Service (Sars) informed of the amendment of the Rules of Section 21A to the Act, 1964 for the alignment with new Special Economic Zones (SEZ) legislation to be implemented at a later date.

Coinciding with the publication of the Rules, Trade and Industry Minister, Rob Davies, on the same day, issued SEZ Regulations – made under section 41(1) of the Special Economic Zones Act, 2014 – for public comment, which is due by 30 April 2015 – the initial notice. According to the Department of Trade and Industry's (the dti) website it is now 7 May 2015.

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