Commercial Information Circulars
24-hour hotline : 23 922 922
e-mail address : enquiry@tid.gov.hk
Ref. : EIC 744/1
25 September 2020
Dear Sirs,
Commercial Information Circular No. 714/2020
South Africa : Provisional Safeguard Measure on Bolts with Hexagon Heads of Iron or Steel
According to a notification dated 16 September 2020 (document symbol G/SG/N/7/ZAF/5 • G/SG/N/11/ZAF/7) issued by the World Trade Organization (WTO), South Africa will impose a provisional safeguard measure on the imports of "bolts with hexagon heads of iron or steel" under the Harmonised System (HS) Code 7318 15 43. The above-mentioned notification can be obtained from the WTO's website at <http://docsonline.wto.org>.
DETAILS
2.Salient points of South Africa's provisional safeguard measure are set out below -
| Product Coverage | : | Bolts with hexagon heads of iron or steel under HS Code 7318 15 43 | ||
|---|---|---|---|---|
| Provisional Safeguard Measure | : | Effective Date | Duration | Safeguard Duty |
| 2 October 2020 | Two hundred (200) days, i.e. up to 19 April 2021 | An ad valorem safeguard duty of 31.8% | ||
| Application of Provisional Safeguard Measure | : | Imports of the concerned products originating from all economies, including Hong Kong and the Mainland of China, are subject to the provisional safeguard measure unless otherwise excluded from the list as set out in the above-mentioned notification. | ||
ENQUIRIES
3.For enquiries concerning the contents of this circular, please contact us on 2398 5594.
Yours faithfully,
(Jonathan YIP)
for Director-General of Trade and Industry
Note: While every effort is made to ensure the accuracy of the above information, the Department cannot guarantee this to be so and will not be held liable for any reliance placed on the same.