

Handan Changlan fasteners manufacturing ,.Co ltd



Company Details

Handan Changlan fasteners manufacturing ,.Co ltd [Hebei,China] Business Type:Manufacturer Main Markets: Africa , Americas , Asia , East Europe , Europe , Middle East , Worldwide Exporter:11% - 20% Certs:CE

Language

Home > News > South Africa implements a three-year defense tax on imported steel screws, bolts and hexagon nuts

South Africa implements a three-year defense tax on imported steel screws, bolts and hexagon nuts

2020-08-05

According to the latest announcement of the International Trade Administration Commission of South Africa (ITAC), from July 24, 2020, except for certain developing countries, which may obtain exemption (such as: Brazil, Mexico, Russia, Indonesia, Thailand, Turkey, Vietnam The ad valorem defense tax will be imposed on steel screws, Bolts and hexagon Nuts (Customs Code: 7318.15.41, 7318.15.42 and 7318.16.30) imported into South Africa. China is also in the affected countries.

The three-stage defense tax rates are as follows:

Stage I: 54.04% (2020 / 07 / 24-2021 / 07 / 23)

Stage II: 52.04% (2021 / 07 / 24-2022 / 07 / 23)

Stage 3: 50.04% (2022 / 07 / 24-2023 / 07 / 23)

Previous: Statistics on the export quantity, export amount and average export price of Chinese fasteners in February 2021

Next: The first offline exhibition opened after the epidemic, and the fastener industry ushered in the first highlight moment The 17th Ningbo International Fastener spring and manufacturing equipment exhibition opened