Duty increase refused on rolled aluminium

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ITAC rejected the 15% duty increase on rolled aluminium. This is a big deal at a time when duties are moving up at the pace they are. ITAC says “The Commission concluded that a duty would have an unnecessary cost-raising impact on a range of downstream manufacturers and would also increase the price of those aluminium rolled products that are not manufactured locally” The duty will remain at zero, but this is an odd decision. XA represented most of the companies opposed to the increase and very specifically proposed a duty not exceeding 5%. No increase at all is thus an unexpected outcome. The decision on the duty increase on aluminium profile has not yet been published. Want to know more? Contact us at info@xa.co.za. Want to understand the trends of protection in South Africa? Click here to book your slot at Tradespot 2016.  

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