ITAC Proposes New Permit Fees – Your Input Needed!
For the first time ever, the International Trade Administration Commission (ITAC) is proposing to charge fees for the administrative services it provides in relation to import and export permits, exemptions, and related functions. On 16 May 2025, ITAC published a...
Important Invoice Details on Customs Declarations
Section 41 of the Customs and Excise Act 91, of 1964 as amended , prescribes the information that is required to render a valid bill of entry. As from 1 April 2025 it will now be mandatory that all commercial invoices reflects the additional information but is not...
SARS Notice: VAT Number Validation
Dear Valued Customer, For several years, it has been a customs requirement that all importers / exporters registered vat number is inserted on all customs declarations. If the vat number was invalid or inactive the declaration was rejected otherwise the declaration...
Spot rates soar as Red Sea crisis continues
Ocean freight container shipping spot rates are poised to surpass previous peak levels, reminiscent of the Red Sea crisis peak, upon the latest wave of increases set to hit the market on June 1. As reported by leading benchmarking platform Xeneta, the industry has...
Global supply chain under strain
Please see below extract form a communication received from MSC: Please note that effective May 1st through May 14th, there will be a USD 500 per TEU rate increase. This adjustment is necessary due to ongoing disruptions in the Red Sea region, which have disrupted...Useful Links
