Zero tariff on energy storage photovoltaic imports from South Africa

Why is South Africa imposing a 10% import tariff on solar panels?

The International Trade Administration Commission of South Africa (ITAC) has imposed a 10% import tariff on solar panels to protect local manufacturers, attract investment, and deepen the value chain. The South African Photovoltaic Industry Association has questioned the lack of formal industry engagement, calling the timing “not ideal.”

Does South Africa have a 10% import duty on solar panels?

News flash South Africa’s Minister of Finance, Enoch Godongwana, has introduce a 10% import duty on solar panels. The move is part the the South African National Renewable Energy Master Plan (SAREM) published by The Department of Mineral Resources and Energy (DMRE).

Will solar panels get a 10% import tax?

Solar panels will now face a 10% import tax, with industry players mixed on the development. Minister of Finance Enoch Godongwana has gazetted a 10% import tax on solar panels. The decision comes amid what can only be described as a solar boom in the country.

Does South Africa Import solar panels?

South Africa has imported R13bn worth of solar panels in the last 12 months, which would have attracted R1.3bn in duties had they been in place. Image: Waldo Swiegers/Bloomberg The only remaining solar panel manufacturer in South Africa has received protection from low-priced imports, mainly from China.

Will solar companies be charged more for imported goods in South Africa?

Solar companies in South Africa are set to be charged more for imported goods, but there could be huge benefits for the country.

What is a photovoltaic tariff?

The tariff subheading reads, " Photovoltaic cells assembled in modules or made up into panels." The rate of customs duty is 10% (General), 0%/free (European Union/United Kingdom), 0%/free (European Free Trade Agreement), 0%/free (Southern African Development Community); 10% (MERCOSUR), and 0%/free (AfCTA).