https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Legal Briefs / Other Briefs RSS ← Back
Africa|Export|Service
Africa|Export|Service
africa|export|service
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

SARS Announces Improved Trade Facilitation Measures

Close

Embed Video

SARS Announces Improved Trade Facilitation Measures

SARS Announces Improved Trade Facilitation Measures

14th October 2020

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

Following queries and concerns from various industry stakeholders regarding information that all bonded goods must be imported into South Africa under sealed conditions (i.e. containerised), the South Africa Revenue Service (SARS) published a notice on 25 September 2020 (Notice), which clarifies the customs declaration process under section 64D of the Customs and Excise Act 91 of 1964 (Act).

Section 64D of the Act regulates the removal of goods in bond and states, inter alia, that no person, except if exempted by rule, shall remove any goods in bond, or for export, or any other goods that may be specified by rule, unless licensed as a remover of goods in bond.

Advertisement

SARS, by way of the Notice, unequivocally states that recent amendments to section 64D of the Act does not, and will not, affect and/or influence the declaration process of cargo that is to be transported, nor will it affect and/or influence importations, exportation or transit cargo. 

Accordingly, cargo can be either containerised, breakbulk or bulk cargo. Furthermore, SARS has advised clients to complete the mandatory fields on their declarations.

Advertisement

This approach appears to be in line with the World Customs Organisation’s (WCO) trade recovery recommendations. The COVID-19 pandemic has increased the costs of exporting by at least 25% and accordingly, the WCO recommends that all countries apply improved facilitation measures for legitimate trade in order to maintain seamless flows of goods and allow companies to run their businesses to the greatest possible extent.

Written by Prenisha Govender, Associate, Tax, Baker McKenzie Johannesburg

 

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options
Free daily email newsletter Register Now