Duty increase for rails and review after 3 years

ArcelorMittal Rail and Structures, a division of ArcelorMittal South Africa made an application for an increase in the general rate of customs duty on rails, from 5% to 10% ad valorem.

Rail is an integral product with diverse applications across various sectors, particularly in transportation infrastructure. It is essential in constructing and maintaining railway networks for efficient and reliable movement over long distances.

After considering all the information at its disposal, ITAC recommended that the general rate of customs duty on rails, classifiable under tariff subheading 7302.10, be increased from 5% to 10% ad valorem.

The proposed duty on the should be reviewed after a period of 3 years, following its implementation (unless otherwise determined by the Commission) to assess the performance of the domestic industry.

Full details of the final determinations and recommendations are on Report 751.

 

ISSUED BY THE INTERNATIONAL TRADE ADMINISTRATION COMMISSION OF SOUTH AFRICA

 

ITAC News & Updates

The latest ITAC news, articles, and resources, sent straight to your inbox.

Speak out against Bribery, Dishonesty & Fraud

Abuse of power in Public Entities must stop! Report any instances of corruption.

IMPORTANT NOTICE RE: IMPORT & EXPORT PERMITS APPLICATIONS

Dear applicants, ITAC acknowledges the recent complaints with regards to turnaround times in the issuance of permits.

ITAC has been receiving an unusually high volume of import and export permit applications for personal used goods such as cell phones and laptops.

Please note that due to this spike, responses to emails and the turnaround times to generate import and export permits would be negatively impacted.

We apologise for the inconvenience caused in this regard and are doing our best to assist all applicants.