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Virusha Subban

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Virusha Subban is a partner and head of Indirect Tax in Baker McKenzie's Tax Practice Group in Johannesburg. She has over 20 years of experience in tax issues relating to customs and excise and international trade.

New rules dealing with South African Revenue Service client accreditation are set to streamline the customs and trade process for trading partners and allow a much more efficient and cost-effective movement of goods across South Africa’s borders. The rules, which became effective in July this year, entirely replace the old accredited client status rules under section 64E of the Customs and Excise Act, and are of interest to importers and exporters who wish to apply for accredited client status in South Africa.

The Virtual Global Trade Conference is a virtual offering for all our clients and friends worldwide. Baker McKenzie’s international trade compliance lawyers from around the world discussed the major developments impacting international trade, in nine one-hour sessions which took place from 13 to 15 July 2021.

Welcome to our Virtual Global Trade Conference, a virtual offering for all our clients and friends worldwide. Baker McKenzie’s international trade compliance lawyers from around the world discussed the major developments impacting international trade. The sessions include trade policy, exports, sanctions, customs, China trade developments and trade developments.

In March this year, the High Court in South Africa ruled on how a certain mobile phone should be classified for tariff purposes – essentially deciding whether it should be a machine or a phone for the purposes of determining import tariffs. The ruling has implications for all businesses importing mobile phone products into South Africa.

In March this year, the High Court in South Africa ruled on how a certain mobile phone should be classified for tariff purposes – essentially deciding whether it should be a machine or a phone for the purposes of determining import tariffs. The ruling has implications for all businesses importing mobile phone products into South Africa.

We are pleased to invite you to our Virtual Global Trade Conference. In lieu of our annual conference in Bellevue, WA, we are excited to again provide a virtual offering available to all our clients and friends worldwide! The conference will be comprised of nine one-hour sessions over the course of three days.

Trade under the African Continental Free Trade area is now underway and 36 countries, and counting, have ratified the agreement. Countries including South Africa and Ghana are early beneficiaries of the agreement due in part to their existing customs infrastructure. The agreement has many benefits and is expected to drastically boost the continent’s post-pandemic recovery, but there are still many challenges to overcome.

In terms of both market value and volume, South Africa is reported to be one of the top two markets for cryptocurrencies in Africa, alongside Nigeria. It was therefore only a matter of time before the South African Revenue Service joined the likes of the Internal Revenue Service in the United States and Her Majesty’s Revenue & Customs in the United Kingdom in cracking down on cryptocurrency traders and establishing appropriate tax frameworks.