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Customs Licensing Deadline – 31 March 2023

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Did you know that the Customs licensing “renewal” deadline is 31 March 2023?

All Customs clients must re-register or migrate to Customs e-Filing, on time.

This is not merely an update of information. This is a complete re-registration of each license type to e-Filing.

How to License before the Customs Licensing Deadline – 31 March 2023

We assist all Importers, Exporter, Customs Clearing Agents, and Transporters in South Africa with Customs licensing.

Our qualified Customs Tax Practitioner knows how to overcome Customs Licensing and e-Filing challenges.

In a recent notice to trade, SARS indicated that Customs licenses not renewed on time will be canceled (end 2024).

Do you need our assistance?

Or do you have a client who may need our assistance?

Because of our vast experience and qualifications in this field, we have the means to facilitate this frustrating process.

You are welcome e-mail us, or set-up a Teams call to discuss your license requirements with us.  

License Types

We provide the following Customs Licensing and Registrations, and more:

  1. Importer Exporter Code
  2. Bond Store Registration
  3. Rebate Manufacturing Store
  4. Clearing Agents License
  5. Deferment Accounts
  6. Dual EDI Registration
  7. Remover of Goods in Bond
  8. Road Consignor Bond
  9. Drawback Registrations
  10. Name Changes & Updates, Bond Changes
  11. Foreign Registered Entities
  12. Trade Agreement Registrations
  13. Excise Rebate Manufacturing Stores
  14. Migration to e-Filing and Re-Registrations
  15. e-Filing Relationship Management, and
  16. RCG (Reporting and Conveyance of Goods).

Contact Us

Please Contact us for advice or a quotation.

We can help you with:

  1. Application Process and e-Filing Procedures
  2. Supporting Documents and Templates
  3. Overcoming any e-Filing challenges
  4. Excise Rebate and Manufacturing Applications.

Excise applications may include wine and fermented beverages, spirits, perfumes and similar products.

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Customs Licensing – Bond Stores

Posted by on in Licensing and Registrations2 Comments

Did you know… Customs Bond Stores are part of a Government dispensation to help your company improve its cash flow. It also helps to save money?

This benefit can be attained over a period of two years from importation. More over, you can extend this period when combined with similar Government dispensations, such as Rebate Stores.

Types of Bond Stores

The Two Broad Categories of Bond Stores Include:

  1. OS (Operating Store) – a standard Bond store for the storage of goods.
  2. SOS (Special Operating Store) – a special Bond Store for the storage of goods for specific or special circumstances.

Customs duties and VAT may be deferred for a period of up to two years in a Bond Store. Thereafter, one is obligated to clear the goods Ex Bond and pay the duties and VAT.

Numerous other Ex Bond options are available. These include such as Rebating, Change of Ownership and Re-Exportation of goods.

Here is a summary of the types of Ex Bonding activities:

  1. Ex Bond Duty Paid – for Home Consumption Goods
  2. Ex Bond Rebate Store – for Rebates of Duties
  3. Ex Bond Re-Exportation – for Re-Exporting
  4. Ex Bond Name Change – for Change of Ownership of Goods
  5. Ex Bond Re-Warehousing – for transfer of goods from one Bond Store to another.

Public and Private Stores

The new Customs legislation makes a clear distinction between Bond Stores which are intended for “Private” use and “Public” use.

  1. Private Bond Stores: These are used by importers who own their own Bond Store not for other parties.
  2. Public Bond Stores: These are owned by Customs Clearing Agents, Customs Licensed Depots and the like. They are intended to be open to all clients.

The Customs Hub specialises in Bond Store applications, as well as applications for Surety Bonds.

We help our clients with Surety Bond calculations. Importantly we are able to obtain client data directly from SARS for this purpose.

Please Contact Us

Please Contact us for advice or a quotation for Bonded Warehousing.

We will help you with:

  1. Application Process and e-Filing Procedures
  2. Supporting Documents and Templates
  3. Bond / Guarantee Calculations
  4. Physical Bond Store Requirements
  5. Implementation after Approval.

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