Imported goods are subject to customs duties and a 15% VAT rate based on their value, which must be paid to Sars.

In a significant move aimed at bolstering local businesses and streamlining the customs process, Sars has increased customs ...

South Africa's textile industry plays a significant role in the country's economy, contributing to job creation, economic ...

The leading associations were instructed to ensure that the Maximum Retail Price (MRP) of edible oils remains stable until ...

India’s import of palm and sunflower oil have increased over 30 percent in volume in the first six months of the year ...

Sri Lanka’s local business community stands to gain from a major revision of the country’s import tax structure, with the ...

India plans to impose retaliatory customs duties on EU steel imports due to trade losses from EUs safeguard measures, ...

RICE imports that are accumulating at Manila ports cannot yet be released as consignees still have to pay the required taxes ...

Govt on Friday increased import duty on edible oils by 20% amid domestic industry players flagging that cheaper imports have ...

Union Minister Shivraj Singh Chouhan states that the new 20% import duty on edible oils will enhance prices for domestic ...

It also hiked the import duty on refined palm oils, refined sunflower oils and refined soyabean oils to 32.5 per cent from 12 ...

This directive follows a significant increase in BCD on various edible oils, aiming to support local agriculture and ...