By | Aug 22, 2021
On Friday, 20 August 2021, ITAC self-initiated an application for the creation of a temporary import rebate for:
“Air conditioning machines, comprising a motor-driven fan and elements for changing the temperature and humidity, including those machines in which the humidity cannot be separately regulated, of a kind used for buildings, compressor operated, having a rated cooling capacity not exceeding 8,8 kW, classifiable in tariff subheading 8415.10.10, in such quantities, at such times and subject to such conditions as the International Trade Administration Commission may allow by specific permit, provided the product is not available in the SACU market”
The reasons why ITAC initiated this application are:
- There are currently no known manufacturers of the subject product in the SACU region; and
- The creation of a temporary rebate provision on the subject products will, in the interim, enable the duty free importation of the subject product, and thereby reduce the costs of the subject product to the importers. At the same time, the customs duty will remain in place and serve as incentive for potential manufacturers to invest in the SACU region.
Interested parties have until 3 September 2021 to respond.