24 March 2017 by Tax and Exchange Control Alert

Customs and Excise Highlights

This week’s selected highlights in the Customs and Excise environment:

  • The Schedules to the Customs and Excise Act No. 91 of 1964 have been amended as follows:
    • Schedule 1 Part 1:
      • The substitution, insertion and deletion of various tariff subheadings under tariff headings 39.07 to align the 8-digit tariff subheading structure for Poly (ethylene terephthalate) with the Harmonized System (HS) for 2017;
  • Schedule 2:
    • Deletion and insertion (relating to heading 39.07 of Schedule 2) as a consequence to the changes made under tariff heading 39.07 due to the implementation of the Harmonized System (HS) for 2017;
  • We have noted that there were delays in payments of value-added tax (VAT) claims for many of our clients. Certain delays were also noted in payments of customs duties, etc. The office of the Tax Ombudsman received the greenlight to investigate certain of the SARS systems. Although the investigation is expected to revolve around VAT, it is hoped that the delays in paying customs refunds will also improve. We remain available to assist relating to delays in paying customs refunds.
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