24/7 National Hotline: 0860 163 272 | Email: info@neasa.co.za
STEEL INDUSTRY: Conducting your business with the DUTIES-SWORD hanging over your head (yet another testimony)
STEEL INDUSTRY
Conducting your business
WITH THE DUTIES-SWORD HANGING OVER YOUR HEAD
How does the import duties affect your business?
(click here to share your experience)
Below is another testimony from one of our members
Dear Gerhard
We are a circular sawblade manufacturer and are forced to import material from Europe (Germany) as the suitable materials are not produced locally.
However, due to the blanket duty on rolled material over 660mm wide, we are forced to pay the anti-dumping duty on a highly specialized alloy that has not been produced locally since 1990. Of course, this simply adds to our costs and competitiveness on imported blades from Europe which can be imported duty-free.
Regards
We are all in this together.
Privileged and challenged to be South African.