Tariffs in regional markets Sample Clauses

Tariffs in regional markets. There is no customs duty for the South African trade of electrical machinery and equipment within the SADC region according to the South African Revenue Services (SARS) Customs & Excise Tariff book. Table 5 presents the tariffs for final bound duties for electrical machinery in South Africa, Zambia, and Zimbabwe. With regards to imports of electric lamps and lighting equipment, some reports suggest that South Africa confronts imports of substandard and inferior products because of ineffective enforcement of regulations set by the National Regulator for Compulsory Specifications (NRCS) and inadequate sampling and testing of imported products (WOW, 2020). Table 5: Tariffs for final bound duties COUNTRY SOUTH AFRICA ZAMBIA ZIMBABWE Average 17.2 - 3.0 Duty-free in % 6.6 - 78.8 Maximum 30 - 25 Binding in % 99.6 0 13.1 Source: World Trade Organization, 2023 There are no customs duties levied for trading under the African Continental Free Trade Area (AfCFTA) agreement for about half of electrical machinery and equipment products in South Africa, while levied products rate of duty ranges from 4%-20% (SARS, 2023). In Zimbabwe, the customs and excise tariff book ranges the rate of customs duty from 0%-40% for both general and Most Favoured Nations (ZIMRA, 2022). In Zambia, the rate of customs duty ranges from 0%-40% (ZRA, 2023). However, the transportation of copper and cobalt, crucial components of batteries, is often delayed for weeks due to poor customs services at Zambia’s borders. (Short, 2023).
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