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FREQUENTLY ASKED QUESTIONS

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1 - 9 of 76 FAQs

Question:

A flexitank is a flexible, lightweight, and collapsible bladder or tank that is used to transport non-hazardous liquids in bulk within a standard shipping container. It essentially turns a regular shipping container into a safe and efficient bulk liquid transport system. Atrax is able to supply and guide on the use of flexitanks to ensure the efficient transport large volumes of liquid.

Question:

GRV is the acronym for a Goods Received Voucher. This document is normally issued as part of a receiving fuction at a warehouse to list the items received and can also offer important information in terms of and the condition fo the items received, their markings and sizes. At Atrax we are always looking for ways to increase efficiency and we have transitioned to a paperless system for GRV handling that offers better traceability and greater sustainability!

Question:

A Letter of Authority (LOA) from the National Regulator for Compulsory Specifications (NRCS) is a formal approval for importing or selling certain products in South Africa. It certifies that your products meet the required safety and quality standards. You need an NRCS LOA for products in regulated industries like construction, electronics, and consumer goods, ensuring they comply with South African laws.

Question:

RCG stands for Reporting and Conveyance as per the regulations of the South African Revenue Service (SARS). It mandates that all cargo reporters in the air, sea, and road transport industries must electronically submit customs-related information and details for the clearance of goods being imported or exported. This requirement affects carriers, customs brokers, port and airport authorities, terminals, depots, and registered agents, ensuring efficient and compliant trade operations.

Question:

The SAD500, or Single Administrative Document, is a standardized form used for customs declarations. It consolidates all necessary information for importing or exporting goods, ensuring they are declared, accounted for, and comply with applicable customs laws and regulations.

Question:

A SADC Certificate of Origin certifies the origin of goods traded among the member countries of the Southern African Development Community (SADC). It confirms that the goods originate from a SADC member country, making them eligible for preferential tariff treatment under the Trade Protocol of the SADC.

Question:

A SARS rebate is a reduction or refund of duties, taxes, or fees offered by the South African Revenue Service under certain conditions, aimed at reducing the financial burden on businesses importing goods or materials. These rebates can apply to VAT and customs duties, depending on the goods’ nature and import purpose. To receive a rebate, you must meet specific criteria and follow SARS’s compliance regulations.

Question:

An SOS bond store is a facility where goods are stored under bond, meaning they are not subject to local duties and taxes until they are officially released for consumption or export, typically within a six-month period. This setup offers cash flow advantages to both importers and exporters by delaying tax payments.

Question:

A switch bill of lading is a second set of bills of lading issued by the carrier or shipping agent to replace the original set. This is commonly done in international trade for various reasons, primarily to protect the interests of the seller, buyer, or intermediaries involved in the transaction. A switch bill of lading is a powerful tool in international trade, but it must be used carefully to ensure that all parties’ interests are protected and that the transaction remains compliant with international trade regulations.

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