Question NW2320 to the Minister of Trade and Industry
25 August 2017 - NW2320
Macpherson, Mr DW to ask the Minister of Trade and Industry
Why is there an import duty on raw materials for manufacturing polyethylene terephthalate preforms which later get converted into bottles, yet there is no import duty on the preforms manufactured in other countries?
Reply:
I am advised that there is an import duty on PET resin (the raw material input) of 10% as well as on PET preforms and bottles, of 15%. The reason for the duty on both parts of the value chain is to support local manufacturing in South Africa.
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