RT Clearing & Forwarding

RT Clearing & Forwarding We specialize in:
Air Frieght
Sea Freight
Road Freight
Express Courier
Customs Clearance

22/09/2016

Road freight (also sometimes referred to as 'road haulage' or 'road transport') is often the most effective mode of transport for Southern African countries, particularly when exporting to the land-locked countries of Zambia, Zimbabwe, Malawi. Road haulage also operates between South Africa and Swaziland, Lesotho, Botswana and certain parts of Mozambique, Angola, and the Democratic Republic of Congo, Tanzania and Namibia.

Not only is road freight a consideration for exports into Africa, but also a large portion of exports from land-locked cities such as Johannesburg, Kimberly, Pretoria, etc. are moved down to the ports (Durban, Cape Town, Port Elizabeth, etc.) by road. Even if you are based near a port, you are likely to use road trasnportation to move your goods from your factory to the quayside. Thus road transportation may form part of your transportation considerations, even if you are shipping your goods by sea. Local companies using air freight to get their goods to foreign markets are similarly likely to use road transportation to move their products from the factory to the airport. You should also not forget that road haulage may form a significant part of your transportation in countries in Europe, the US, Australia, etc., as the goods are moved from the port of discharge to your final destination. Thus road freight is likely to form an integral part of your transportation and logistical options.

28/07/2015

Any Organization that is engaged in Imports or Exports would require the services of third party Customs Clearance Agent as well as a Freight Forwarder. While freight forward manages the transportation part of the exports and imports, customs clearance and the approval and co-ordination with the rest of the regulatory authorities to affect the imports and exports is done by the Customs Clearance Broker.

Every Exporter and Importer would need to know the basics of the Import and Export policies as well as conditions applicable to their specific products of import and exports. In addition they should also be aware of the processes involved in imports and exports broadly. However it is the Customs Clearance agent who would know the working of all the Customs Rules and Laws and ensure compliance of the same in a speed manner so as to ensure that the import consignment is cleared within the allotted free period and does not incur demurrage.

18/06/2015

LEGISLATIVE FRAMEWORK

The Customs and Excise Act, 1964 (Act No. 91 of 1964) was assented to on 27 July 1964 and came into effect on 1 January 1965. For the first time in South Africa, both customs and excise matters were provided for in one Act.

The purpose of the Act is to provide for the levying of customs and excise duties, fuel levy, Road Accident Fund levy, air passenger tax and environmental levy, the prohibition and control of the importation, export, manufacture or use of certain goods and for matters incidental thereto.

The Act consists of 122 sections incorporated into 12 Chapters, as well as the Schedules to the Act, and is administered by the Commissioner in terms of the South African Revenue Service Act, 1997.

In terms of the Act, the Commissioner may, inter alia, delegate powers and duties to officials, enter into agreements and make rules for the administration of the Act.

The Chapters of and Schedules to the Act are –
Chapter I – Definitions
Chapter II – Administration, general duties and powers of Commissioner and officers, and application of Act
Chapter III – Importation, exportation and transit and coastwise carriage of goods
Chapter IV – Customs and excise warehouses, storage and manufacture of goods in customs and excise warehouses
Chapter V – Clearance and origin of goods, liability for and payment of duties
Chapter VA – Environmental levies
Chapter VI – Anti-dumping, countervailing and safeguard duties
Chapter VII – Amendment of duties
Chapter VIII – Registration, licensing and accredited clients
Chapter IX – Value
Chapter X – Rebates, refunds and drawbacks of duty
Chapter XA – Internal administrative appeal, alternative dispute resolution, dispute settlement
Chapter XB – Powers, duties and procedures in connection with counterfeit goods
Chapter XI – Penal provisions
Chapter XII – General
as well as Schedules Nos. 1, 2, 3, 4, 5, 6, 8 and 10
and Schedule No. 9 (Laws repealed)

The Schedules to the Act are as follows:
Schedule No. 1 Ordinary Customs Duty
Schedule No. 2 Anti-dumping, Countervailing and Safeguard Duties on Imported Goods
Schedule No. 3 Industrial Rebates of Cu
stoms Duties
Schedule No. 4 General Rebates of Customs Duties, Fuel Levy and Environmental Levy
Schedule No. 5 Specific Drawbacks and Refunds of Customs Duties, Fuel Levy and Environmental Levy
Schedule No. 6 Refunds and Rebates of Excise Duties, Fuel Levy and Environmental Levy
Schedule No. 8 Licences
Schedule No. 10 Agreements or Protocols or other parts or provisions thereof contemplated in section 4(5)

What is Duty at Source (DAS)?DAS is a system of assessing Excise duty and accounting, for excisable products at source (...
12/06/2015

What is Duty at Source (DAS)?

DAS is a system of assessing Excise duty and accounting, for excisable products at source (i.e. as close as possible to the point of manufacture of the specific product).

Which excisable product(s) are duty-assessed at source (Duty At Source - DAS) and what are the payment periods?

Spirits Industry
Primary Manufacturing (VMP)
Within 30 days after the end of the accounting month.
Secondary Manufacturing (VMS)
Within 110/130 days after the end of the accounting month.
Special Storage (SOS)
Not applicable.
To***co Products Industry
Manufacturing (VM)
Within 60 days after the end of the accounting month.
Special Storage (SOS)
Not applicable.
Beer Industry
Manufacturing (VM)
At least 50% of the duty due within 30 days and the balance within 60 days after the end of the accounting month.
Special Storage (SOS)
Not applicable.
Fuel Products Industry
Manufacturing (VM)
At least 50% of the duty due within 30 days, and the balance within 60 days after the end of the accounting month.
Special Storage (SOS)
Within 30 days after the end of the accounting month.

international Courier material from India Call me on 0829619558 / 0113971166
04/06/2015

international Courier material from India
Call me on 0829619558 / 0113971166

Who you going to call , not the Ghost Busters but the Freight Busters , 0113971166 / 0829619558
26/05/2015

Who you going to call , not the Ghost Busters but the Freight Busters , 0113971166 / 0829619558

What are the different transport codes to be used on a SAD500?CODE DESCRIPTION 0 - Transport mode not specified 1 - M...
26/05/2015

What are the different transport codes to be used on a SAD500?

CODE DESCRIPTION
0 - Transport mode not specified
1 - Maritime transport
2 - Rail transport
3 - Road transport
4 - Air transport
5 - Mail
6 - Multimodal transport (Not used by SA)
7 - Fixed transport installation (pipelines, power lines)
8 - Inland water transport (Not used in SA)
9 - Transport mode not applicable

Happy Monday AllImport duty & taxes when importing into South AfricaOverviewImport duty and taxes are due when importing...
18/05/2015

Happy Monday All

Import duty & taxes when importing into South Africa
Overview
Import duty and taxes are due when importing goods into South Africa whether by a private individual or a commercial entity. The valuation method is FOB (Free on Board), which means that the import duty and taxes payable are calculated exclusively on the value of the imported goods. However, some duties are based part in value and part in quantity. In addition to duty, imports are subject to sales tax (VAT). Certain luxury or non-essential items (e.g. perfume) may be subject to additional ad valorem duties, and some commodities may be subject to anti-dumping or countervailing duties.
Duty Rates
Duty rates in South Africa vary from 0% to 45%, with an average duty rate of 18.74%. Some goods are not subject to duty (e.g. laptops, electric guitars and other electronic products).
Sales Tax
VAT applies to most imports at 14% of the sum of FOB value, any duty and excise payable, and a 10% upliftment of the FOB value.
Minimum thresholds
There is no minimum threshold in South Africa, i.e. duty, VAT and other taxes where applicable, are payable regardless of the import value.
Other taxes and customs fees
Anti-dumping and countervailing duties are levied:
on goods considered to be "dumped" in South Africa; and
on subsidised imported goods.
These goods are the subject of investigations into pricing and export incentives in the country of origin; the rate imposed will depend on the result of the investigations. These duties are either levied on an ad valorem basis (as a percentage of the value of the goods) or as a specific duty (as cents per unit).

Friday Vibes
15/05/2015

Friday Vibes

14/05/2015

The R0.48 billion surplus for March 2015 is due to exports of R91.34 billion and imports of R90.86 billion. Exports increased from February 2015 to March 2015 by R14.75 billion (19.3%) and imports increased from February 2015 to March 2015 by R5.55 billion (6.5%).

The cumulative deficit for 2015 is R32.62 billion compared to R27.22 billion in 2014.

Trade highlights by category

The month-on-month export movements:
R’ million

Section:
Including BLNS:
Precious Metals & Stones
+ R4 697
+ 37.8%
Machinery & Electronics
+ R1 864
+ 25.1%
Base Metals
+ R1 551
+ 15.5%
Vehicle & Transport Equipment
+ R1 372
+ 12.6%
Mineral Products
+ R1 344
+ 8.3%

The month-on-month import movements:
R’ million

Section:
Including BLNS:
Vehicle & Transport Equipment
+ R2 544
+ 29.1%
Machinery & Electronics
+ R2 061
+ 10.7%
Mineral Products
+ R1 266
+ 8.7%
Equipment Components
+ R 508
+ 7.6%
Vegetable Products
- R1 102
- 41.5%

13/05/2015

EXPORTS

The control of goods leaving the Republic is considered one of the core functions of Customs. Key economic decisions are based on trade statistics and it is therefore imperative that SARS accurately records export performance.

Export declarations, as with import declarations, are now mainly processed electronically following a number of changes recently introduced under the Customs Modernisation Programme. Importers and Exporters pay all duties and taxes upfront before taking possession of the goods.

The original and an audit copy of each export declaration is processed by Customs and kept for record and trade statistics purposes. Any other documents about the goods exported, including the transport documents, should be produced if required by Customs.

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