11 August 2017 by Tax and Exchange Control Alert

Customs and Excise Highlights

Herewith below selected highlights in the Customs and Excise environment since our last instalment:

Herewith below selected highlights in the Customs and Excise environment since our last instalment:

  1. Amendment of Schedule 1 Part 1 to the Customs and Excise Act, No 91 of 1964:

1.1     Substitution of tariff subheadings 7216.31, 7216.32, 7216.33 and 7216.50 to increase the rate of customs duty on steel wire rod, steel reinforcing bar and structural steel from free of duty to 10%. 

  1. Please advise if additional information is required. 


Disclaimer:

Please note that this is not intended to be a comprehensive study or list of the amendments, changes, occurrences, etc. in the Customs and Excise environment, but merely selected highlights which may be of interest. In the event that specific advice is required, kindly contact us in order to research and provide.

Although all care is taken to ensure that the above is 100% correct, CDH cannot be held liable for any inaccuracies, be it as a result of misinterpretation, finger-trouble or otherwise. This is for information purposes only and must not be used as is. Please contact us to verify information provided before acting upon it (petr.erasmus@cdhlegal.com / 082 576 5260).

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