Specstrip (Pty) Ltd (“the applicant”) applied for the creation of a temporary rebate provision for the importation of certain cold-rolled steel and painted steel, of a width of less than 600 mm, painted, varnished or coated with plastics, classifiable under tariff subheadings 7211.29 and 7212.40.
The International Trade Administration Commission (“ITAC” or the “Commission”) considered all the relevant information available at its disposal. In particular, the Commission considered the following factors:
• The Commission found that the subject products are not manufactured locally. As such, the applicable customs duty has an unnecessary cost-raising effect on the domestic industry;
• The duty relief, through the creation of a rebate provision, should allow the applicant, together with the downstream manufacturing industry, to maintain, and potentially increase, profitability in both the medium and long term; and
• The rebate provision will be made subject to an ITAC permit issued in terms of applicable guidelines, rules and conditions.
In light of the foregoing, the Commission recommended the creation of a temporary rebate provision for the importation of certain cold-rolled steel and painted steel, classifiable under tariff subheadings 7211.29 and 7212.40, as follows:
• “Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, not clad, plated, or coated, not further worked than cold-rolled (cold reduced), other, with a thickness of 0.30mm or more but not exceeding a thickness of 1.60 mm, with a carbon content by mass of 0.5 per cent or more, classifiable in tariff subheading 7211.29, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit; and
• Flat-rolled products of iron or non-alloy steel, of a width of less than 600 mm, painted, varnished or coated with plastics, of a thickness of 0.5 mm or more but not exceeding 1 mm, with a carbon content by mass of 0.17 per cent or more but not exceeding 0.27 per cent, classifiable in tariff subheading 7212.40, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit.”
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ISSUED BY THE INTERNATIONAL TRADE ADMINISTRATION COMMISSION OF SOUTH AFRICA