We have been notified by our import battery suppliers that SARS has, effective 19 July 2024, made an amendment to the Customs Act, Part 1 of Schedule No.1. Tariff sub-headings 8507.10.91 and 8507.10.99 have been substituted to increase the general rate of customs duty on lead acid batteries from 15% to 30%.
Our suppliers are busy investigating the notification to further understand the scope and implications of the announcement.
In the meantime, we have no other choice but to immediately amend the pricing on our Atlas BX range to accommodate the immediate cost increase. Revised price lists will be available soon.