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Barnes Consulting

Barnes Consulting

Barnes Consulting

12 February 2014 | Posted in SACEEC Member News.

Very often there is a neglected opportunity that is designed to assist exporters in becoming more competitive.

Bill Barnes has been a Customs consultant of over 30 years and now operates a small, personal consultancy. One of the areas he focuses on is the drawback of duties under TH521.00.

Many local manufacturers are aware of the benefits of registering with SARS under TH470.03, a rebate code that enables them to import dutiable materials and components under full rebate of duty for use in products manufactured for export.

Very often there is a neglected opportunity that is designed to assist exporters in becoming more competitive.

Bill Barnes has been a Customs consultant of over 30 years and now operates a small, personal consultancy. One of the areas he focuses on is the drawback of duties under TH521.00.

Many local manufacturers are aware of the benefits of registering with SARS under TH470.03, a rebate code that enables them to import dutiable materials and components under full rebate of duty for use in products manufactured for export.

However there are instances when this facility is not taken up; for example:

  1. Where the importer is a third party.
  2. Where the exporter is a third party.
  3. Where both the importer and exporters are third parties.
  4. Where the administration is considered too burdensome for the financial return.

This is where I can be of assistance. The service I provide is as follows: 

  1. Barnes Consulting assists the client to apply for registration under the 5th Schedule withSARS,to complete the correct forms, check the correct boxes and attach the correct documents to the application for registration.
  2. SARS processes the application and registers the client.
  3. Armed with the client's export sales forecast, imported bills of material showing quantities and costs, Barnes Consulting calculates their requirements for the next period of six months or a year and apply to ITAC for a permit under TH521.00 for the client. 
  4. ITAC receives and processes the application and, if satisfied, issues the permit.
  5. The client then exports goods. It is imperative that the export documents are fully and correctly completed. Barnes Consulting advises the client as to what information must be completed on the DA500 and what documents must be obtained to satisfy a claim under TH521.00.
  6. Subsequent to the export Barnes Consulting obtains the full set of export documents from the client, the bills of material relevant to those export documents and the relevant import documents.
  7. Barnes Consulting then completes the export schedule for the client.
  8. As well as completes the bill of materials schedule for the client.
  9. As well as completes the import schedule for the client.
  10. Barnes Consulting maintains an import Bill of Entry control schedule for the client.
  11. As well as maintaining an ITAC permit schedule for the client.
  12. And preparing the DA64 & DA66 for the client.
  13. Barnes Consulting then assembles the refund claim in the correct order as required by SARSand ensure that all the specified documents are included in the claim.
  14. The claim is then submitted to the client for signature and thereafter deliver to SARS.
  15. SARS processes the claim.
  16. If acceptable, SARS pays the claim value into the client's bank account.
  17. Only thereafter do Barnes Consulting invoice the client for an agreed percentage commission.

The work is done on a contingency basis (usually no more than 25% and often less) so there is no cost to the client, but the duties paid on imported materials, components and consumables may all be recovered, thus improving the exporter's/manufacturer's return or enabling the exporter/manufacturerto be more competitive.

If these services should be of interest to any of your members they are welcome to contact Bill Barnes on the numbers below, or to email him at barnesconsulting@mweb.co.za.

Bill Barnes

BARNES CONSULTING
tel: (044) 382 0727
mobile: 082 451 0836
fax: 086 231 5212


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  • 9 Ninth Avenue
    Northmead
    Benoni Gauteng
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    South Africa
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