On 17 January Sars announced the reduction in the existing variable tariff formula rates of customs duty to the Act, 1964, except for the Southern African Development Community (SADC), which remain free of duty.
Tariff subheadings, 1001.91 (Seed) and 1001.99 (Other) in Part 1 of Schedule No1 to the Customs and Excise Act, 1964 are reduced from 100.86c/kg to 77.62c/kg.
Tariff subheadings 1101.00.10 (Brown wheaten meal produced by the milling of whole grains (the bran, germ and endosperm) (excluding separated wheat bran, separated wheat germ or separated wheat semolina or endosperm), 1101.00.20 (Cake wheat flour as defined in Additional Note 1(a) to Chapter 11), 1101.00.30 (a White bread wheat flour as defined in Additional Note 1(a) to Chapter 11) and 1101.00.90 (Other) to reduce the rate of customs duty on wheat and wheaten flour to the Act, 1964 is reduced from 151.29c/kg to 116.44c/kg.
The reasoning for the tariff amendments is contained in the International Trade Administration Commission of South Africa (Itac) Minute M10/2019.
Story by: Riaan de Lange