What is an Import or Export Code and Do I Need One to Ship Internationally?
Are you considering Importing or Exporting goods? Whether doing so in your personal-capacity or through your business, there are various legal requirements that you’ll need to fulfil, one of them being your Import and Export Codes.
We, at
InXpress Sandton have created the below quick-read blog to help you better understand what these codes are, why you need them and how to go about getting your own import export license.
What Is an Import/Export Code?
An import or export code (also called importer’s exporter’s customs-license / customs-code) is a specific number (like an ID number) that is connected to a business or individual that imports or exports goods from or into South Africa. These licenses are issued by SARS and are used both for clearing goods at customs and for making foreign payments through a bank.
Who needs an Import/Export Code?
SARS Customs in South Africa requires individuals and businesses to produce a Customs Importers/Exporters Code if they are;
- Importing/exporting goods for commercial reasons.
- Importing / exporting goods over R150,000 (either once off or throughout the year).
- Or importing goods into South Africa more than three times in a single calendar year (this can be directly or through a clearing agent / courier company).
Customs can issue you with a fine of up to R3000.00 (or more) if you are not in possession of an Importers Code and you have brought goods into the country on more than three occasions in a single calendar year.
What Are Your Personal Limits?
This process can be done in your personal capacity, however there is a 3 shipment limitation with a maximum declared value must be under R50,000 per shipment, and you will declare these imports and exports under your personal ID number. Note that this applies to a total of 3 shipments (imports and exports) and not 3 of each. We therefore recommend acquiring an import export license in order to avoid any unnecessary fines or holdups.
What Does an Import Export License Cost?
There is no fee to register for the Importers Exporters Code should you opt to submit your application through SARS, however, there are companies that will submit all of the paperwork and track the application for a fee.
What Can You Use an Import Export Code On?
Your import export license code will cover all items that you wish to import or export..
It’s important to note that certain items (indicated in the International Trade Administration Commission of South Africa (ITACs) updated
Import Control Regulations) may be subject to additional import control duties.
How long will my Import /Export Code Last?
The period of validity of an Importers Code is indefinite.
How Long Will It Take To Get Your Import Export License?
SARS states that you should receive your Importers Code (Once you have successfully submitted all the necessary documentation) within approximately ten business days.
How To Get An Import/Export Code:
The registration process for obtaining an Importers Code is fairly quick and easy:
Export Registration: https://www.sars.gov.za/customs-and-excise/registration-licensing-and-accreditation/exporters/
Import Registration: https://www.sars.gov.za/customs-and-excise/registration-licensing-and-accreditation/importers/
For further information on Import Export Licensing feel free to
contact us at InXpress Sandton - We're here to simplify your international shipping.
