On 07 August the South African Revenue Service (SARS) announced that the safeguard duties on certain flat hot-rolled steel products, classifiable in tariff heading 72.08, and tariff subheadings 7211.14, 7211.19, 7225.30, 7225.40, 7225.99, 7226.91 and 7266.99, imposed through three Government Gazette notices of 11 August 2017 had been extended up to and including 10 August 2021 at the current rate of 8%.
The safeguard duties are contained in Part 3 of Schedule No.2 to the Customs and Excise Act, 1964, Safeguard Items 260.03/72.08/01.04; 260.03/7211.14/01.06; 260.03/7211.19/01.06; 260.03/7225.30/01.06; 260.03/7225.40/01.06; 260.03/7225.99/01.06; 260.03/7226.91/01.06 and 260.03/7266.99/01.06.
The reasoning is contained in the International Trade Administration Commission of South Africa (ITAC) Report No.551.
The Notices are accessible at:
Story by: Riaan de Lange