Shein and Temu are accused of exploiting tax loopholes to undercut local retailers

mylesillidge

mylesillidge

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South African shops accuse Shein and Temu of dodging tax

Shein and Temu exploit tax and customs loopholes to cheaply import their products into South Africa, undercutting local retailers, putting thousands of local jobs on the line, and limiting revenue collection.

This is feedback from the executive director of the National Clothing Retail Federation (NCRF), Michael Lawrence, who told 702 that the federation had flagged these issues with the South African Revenue Service (SARS).
 
The price of manufacturing in this country is exorbitant.
The product of certain policies.
With all the middlemen the prices naturally go up.
 
It is hard to side with the South African retailers when they are pricing the goods so high. Just feel sorry for the job losses that may happen due to the greed of the SA retailers.
 
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and our local producers are disadvantaged,” he said.
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Local producers are disadvantaged because of local unrest, strikes, unions (mafia like), looting, ANC, cadres, egregious prices, etc, etc, etc, etc.....



are-areyouanarc.gif
 
Swa said:
Sorry but the difference between R50 and R500 can't be made up by duties and VAT. Even if 50% is applied these guys will still beat you with your 500% markups so stop crying.
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Yep. Hard to beat that level of employee abuse and exploitation.
 
lkpat said:
Yep. Hard to beat that level of employee abuse and exploitation.
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The irony is they take advantage of that employee abuse and exploitation.
 
I've bought twice now from Temu. Each order was always met with a 15% tax to be paid for customs clearance.
The products are cheap plastic. But are things i would use, that i was unable to find a my local Chinese store.
How much are these local retailers expecting customs to charge me extra.
 
backstreetboy said:
www.theguardian.com

Shop like a billionaire? I bought six items from Temu – the app that’s sweeping the world

Amid the cost of living crisis, China’s answer to Amazon is proving wildly popular, with more than 100m app downloads this year. But are the items any good?
www.theguardian.com www.theguardian.com
Etc. etc.
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Don’t be a hater just because you can’t afford Temu :sneaky:
There’s plenty of good stuff on there, you just need to know what you are buying and never buy anything clothing related because it’ll probably be garbage.
 
So I buy a headphone stand worth R20 for either R40, or R200, damn, difficult decision.
 
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