Sars is implementing significant changes to its import tax regime on Friday, but it has kept quiet on the details necessary for consumers to get a clear idea of what they will pay for orders on Shein and Temu.
The South African Revenue Service still plans to start implementing tax changes that could significantly increase the prices of imported goods from Chinese retailers Shein and Temu.
Many people and e-commerce analysts once believed that the e-commerce giants were able to pay low taxes on their shipments to South Africa by splitting products in the same order into smaller parcels.rule that applies in countries which implemented the World Customs Organisation’s guidelines for e-commerce orders.
Sars responded to complaints from stakeholders in the textile and local e-commerce industry by announcing it would start implementing the full 45% tax on all orders containing clothing from Temu and Shein starting in July 2024. The table below shows an example of two sub-R500 orders from Temu placed by a MyBroadband reader in October 2024.These will be needed to determine into which of the three latter categories an order falls.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Temu and Shein surprise in South AfricaOne logistics company has said that small, low-value imports surged during the month of September.
Read more »
Bad news for people who shop at Temu and Shein in South AfricaSouth Africa’s competition watchdog has said multiple government policy interventions will need to be considered to level the playing field in the e-commerce sector.
Read more »
People who shop at Temu and Shein in South Africa must prepare for higher pricesSouth Africa has been rapidly cracking down on Temu and Shein to protect local industries.
Read more »
Temu and Shein hammering South African online storesThe impact that Temu and Shein are having on South African e-commerce has become abundantly clear in the recent shutdown or sale of three major local stores.
Read more »
Domain name abuse – What you need to knowSouth Africa’s top domain registrars about the ongoing domain name abuse problems in South Africa.
Read more »
“This Makes So Much Sense”: Woman Explains Shein and Temu Customs Fee Calculations, SA GratefulA young lady shared a video explaining how customs calculates the charges to attach to each item when ordering abroad. Social media users showed gratitude.
Read more »