Dear Valued Client
Please take note of the attached SARS notices pertaining to the below Tariff Amendments, which is effective from 02 May 2025:
Amendment to Schedule 2 Part 3, by the insertion of various items under item 260.03, in order to implement safeguard measures on the importation of hot-rolled steel products classifiable under Chapter 72 at a rate of 13%. This is effective from the 02 May 2025 up to and including the 01 May 2026.
Amendment to Schedule 2 Part 3, by the substitution of various items under item 260.03, in order to reduce the rate of safeguard measures on the importation of hot-rolled steel products classifiable under Chapter 72 from 13% to 11%. This is effective from the 02 May 2026 up to and including the 01 May 2027.
Amendment to Schedule 2 Part 3, by the substitution of various items under item 260.03, in order to reduce the rate of safeguard measures on the importation of hot-rolled steel products classifiable under Chapter 72 from 11% to 9%. This is effective from the 02 May 2027 up to and including the 01 May 2028.
Should you have any queries, please reach out to our Head Office on 0318180320.