Big changes for Shein and Temu in South Africa

BusinessTech

SARS plans to revoke concessions for traders outside regulations, affecting Chinese retailers Shein and Temu. Concessions, including a simplified customs process with a 20% flat duty rate, granted under the Customs and Excise Act, are deemed outdated. SARS aims to ensure compliance by withdrawing these concessions, impacting how goods are imported into South Africa.
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Daily Dive
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