Definition
A full or partial relief from customs duty granted under a specific rebate item in Schedule 3, 4 or 6 of the Customs and Excise Act for goods used for an approved purpose, such as manufacturing inputs. Importers must usually be registered for the rebate and may need an ITAC permit. The goods must be used strictly for the purpose specified or the rebated duty becomes payable.
Frequently asked questions
What is Rebate of Duty?
A full or partial relief from customs duty granted under a specific rebate item in Schedule 3, 4 or 6 of the Customs and Excise Act for goods used for an approved purpose, such as manufacturing inputs. Importers must usually be registered for the rebate and may need an ITAC permit. The goods must be used strictly for the purpose specified or the rebated duty becomes payable.
Which glossary terms are related to Rebate of Duty?
Rebate of Duty is a customs & sars term in the South African import/export industry. Related terms in the same area include 70707070 (Customs Code), Ad Valorem Duty, AEO (Authorised Economic Operator), Anti-Dumping Duty, B-BBEE (Broad-Based Black Economic Empowerment) — each has its own plain-English definition in the TradeCaravan glossary.