💨 Abstract

The South African Revenue Services (SARS) plans to withdraw custom concessions currently used by global e-commerce platforms, including Shein and Temu, due to non-compliance with existing regulations. These concessions, which include lower import duties and simplified customs processes, could be withdrawn by April 2025. The move could significantly impact these businesses, increasing their import duties, compliance checks, and operating costs.

Courtesy: www.thesouthafrican.com

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