On 24 July the South African Revenue Service (SARS) announced an increase in the ‘General’ rate of customs duty, in terms of the existing variable tariff formula, in Schedule No.1 Part 1 of the Customs and Excise Act, 1964 on sugar from 418.61c/kg to 527,75c/kg.
The increase relates to beet sugar, classifiable in tariff subheading 1701.12; Cane sugar specified in Subheading Note 2 to this Chapter, classifiable in tariff subheading 1701.13; Other cane sugar, classifiable in tariff subheading 1701.14; Containing added flavouring or colouring matter, classifiable in tariff subheading 1701.91; and Other, classifiable in tariff subheading 1701.99.
The reasoning is contained in the International Trade Administration Commission of South Africa (Itac) Minute M01/2020.
The Notice is accessible at:
Story by: Riaan de Lange