On 01 March 2024, the South African Revenue Service (SARS) announced, effective on the day, the insertion of Rebate Item 460.06/3823.13/01.06 Part 2 of Schedule No.4 of the Customs and Excise Act, 1964 (General Rebates of Customs Duties, Fuel Levy and Environmental Levy: Temporary Rebates of Customs Duties) in order to create a temporary Rebate Item for tall oil fatty acids classifiable in tariff subheading 3823.13.
The provisional Rebate Items read “Tall oil fatty acids, at such times, in such quantities and subject to such conditions as the International Trade Administration Commission may allow by specific permit, provided the product is not available in the SACU market”, with the ‘Extent of Rebate’ being full duty.