Implementation of Mechanisms for Single Border Taxation in Southern Africa: Status and Way Ahead
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Presented by: Costa Pierides at the 2009 Railways and Harbours Conference in Cape Town.
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Implementation of Mechanisms for Single Border Taxation in Southern Africa: Status and Way Ahead
- 1. “ Implementation of Mechanisms for Single Border Taxation in Southern Africa: Status and the Way Ahead”- Author-Costa Pierides
- 4. TOWARDS HARMONISATION-THE FIRST STEP- LAYING THE FOUNDATIONS FOR A COMMON PLATFORM (ONE SIZE FITS ALL)- A COMMON CUSTOMS DOCUMENT FOR THE PILOTING COUNTRIES Who was involved and where did it all begin? Namibia, Botswana and South African Customs Authorities- started with a meeting held in May, 2003 in Lobatsi, Botswana Period of Pilot Project? 1 August 2003 to 1 February 2004 – Pilot 2 February 2004 to 31 July 2004 - extension Operational Rollout? Permanent implementation on 1 /8/ 2004 Clearance Form? SARS adopted/Namibia /Botswana Customs’ document thereafter known as the Single Administrative Document (SAD) 500 to facilitate trade clearance. It was later utilised for RSA domestic clearances – replacing existing DA 500/600 forms.
- 7. The Corridor – On the Map
- 8. Okay, so what happened during the pilot? Volume of SAD’s processed the volume of SAD 500’s processed in the first 6 months surprised the project team- 700-1000 documents DAILY or 100 000 documents during the pilot- signifying an unprecedented/massive shift of traffic to the TKC , up to then, a low volume corridor. SAD processing response time Shifted from an average of 2 hours to10- 20 minutes per paired office( World Bank assessment- saving to traders of R26 million annually). The TKC Pilot identified in the World Bank’s Growth and Economic Prospects Report as a success case on Trade Facilitation Corridor Utilization rates Rise from 15-65% in 6 months
- 11. I thank you for your indulgence- Costa Pierides