How To Calculate Import Tax In South Africa
South Africa imposes customs charges at rates ranging from 3% to 45% on imported products. Additionally, anti-dumping and countervailing levies of up to 150% may be added to import taxes.
South African import tax calculation methods
VAT is paid on the Added Tax Value (ATV) of imported products, which is calculated as follows:
10% of the Customs Value + any applicable duties in addition to the Customs Value.
VAT on imported products from BLNS – When imported goods are imported from Botswana, Swaziland, Lesotho, or Namibia (BLNS), the Customs Value cannot be increased by 10%.
Customs Value + any applicable taxes added to the items.
The price to be paid for
From 1 April 2018, the rate of VAT that must be paid (based on the ATV) increased from 14% to 15%.
How are South African customs calculated?
These fees are assessed either as a fixed fee or on an ad valorem basis (as a proportion of the worth of the products) (as cents per unit). The following major factors determine the type and amount of duty levied on a product: The items’ market value (the customs value) the amount or volume of the products.
How is South Africa’s import VAT determined?
VAT is paid on the Added Tax Value (ATV) of imported products, which is calculated as follows: Customs Value, plus any applicable duties added to the items, plus 10% of the customs Value.
What is the cost of customs in South Africa?
In addition to the duty-free limit, you have the option of paying 20% in flat customs duty on any items you bought in a duty-free store or while traveling overseas. New or secondhand, the total cost of these extra items cannot exceed R20,000 for passengers and R2,000 for personnel.
What products are subject to SARS’ customs duties?
But some textiles, meat, fish, and tea goods as well as some types of weaponry are subject to duty rates that are either based on a percentage of the item’s worth or on a charge per unit (for example, per kilogram or metre).
How can I avoid paying online customs fees in South Africa?
Instead of importing goods into South Africa, make purchases from local suppliers.The majority of the time, if the item is sold locally, it will be less expensive to purchase it from local stores than to import it into South Africa, especially when the import duty is factored in.
How can I bring products into South Africa?
Before a foreign importer may be registered to import goods into South Africa (whether they are an individual or a legal entity), they must register as an importer and choose a registered agent who is based in South Africa.
