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Customs

Wheat Formula Tariff Amendment

Publish Date: 
29 May 2019

On 24 May Sars announced an increase in the rates of customs duty on wheat and wheaten flour, classifiable in tariff subheadings 1001.91 (seed) and 1001.99 (other) as well as 1101.00.10 (brown wheaten meal) and 1101.00.90 (other), in Part 1 of Schedule No1 to the Act, from 49,07c/kg and 73,61c/kg to 67,51c/kg and 101,26c/kg respectively, in terms of the existing variable tariff formula.

The reasoning is due to an International trade Administration Commission of South Africa (Itac) Minute 14/2018

Story by: Riaan de Lange

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