Pros and Cons of registering as an importer with SARS?

[Pitbull]

Is there really a need to register as an importer at SARS?

Thinking of importing things more regularly but what do I gain from having an importers code as opposed to just having it go through customs normally?

 

[KalMaverick]

Don't think you "gain" anything.

It's a requirement for business and regular import of high value items.

https://www.thesait.org.za/news/news.asp?id=130873

In an amendment of the Rules to the Customs and Excise Act No. 91 of 1964 published in Government Gazette number 36433 on 10 May 2013 the threshold for importation and exportation without registration with Customs has been increased.

Registration code number 70707070 may be used by a person that wishes to import or export goods in South Africa in instances where the person is not registered as an importer or exporter with SARS only if the following requirements are met:

The goods that are to be imported or exported have a value of less than R50 000,00 (Fifty Thousand Rand) per consignment, subject to a limitation of three such consignments per calendar year;
The goods are declared for home consumption (consumption or use in South Africa); temporary export or export;
The importer or exporter must be a natural person located in South Africa; and
The importer or exporter must reflect his identity number or taxpayer reference number in the field provided in the Customs declaration form.

 

[RedViking]

Is there really a need to register as an importer at SARS?

Thinking of importing things more regularly but what do I gain from having an importers code as opposed to just having it go through customs normally?

Doesn't it depend on the quantities? You can only import a limited amount of stuff unless you are registered?

 

[The_Traveller]

If your shipment is less than R20k, your clearing agent can clear for you. Above R20k then get the code. It's free!

 

[Dubai]

If your shipment is less than R20k, your clearing agent can clear for you. Above R20k then get the code. It's free!

Where do you get a free importers code

 

[The_Traveller]

Where do you get a free importers code

SARS