Description
This allows bonded goods to be transported on specified vehicles between customs border posts or between a customs border and a bonded goods storage facility. There are two ways to transport bonded goods (goods with unpaid VAT and duty) in South Africa. Removers of goods must provide their own security deposit to cover the full VAT and duty amount. Transporters (or road haulier), on the other hand, can leverage another entity’s security deposit. Registered transporters can utilize a consignor bond, a security deposit held by SARS, to transport bonded goods. Foreign removers of goods in bond require a South African agent with a consignor bond.
Take note: A remover of goods license and a road haulier license expires every year on the 31st of December, and must therefore be renewed.
Delivery: 60 working days* (10 days for renewals)
*Based on standard customs processing times, subject to change