International Trade Administration Act, 2002 (Act No. 71 of 2002)

Regulations

Automotive Production and Development Programme post 2020 (APDP Phase II) Regulations

Part C - Production Rebate Certificates (PRCs)

10. Standard materials
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10.1 Material qualifying as standard materials, and thereby qualifying as value added, are those identified by the Minister and set forth in note 4.4.1 to APDP2 Info Doc A. The list of standard materials as set out in the APDP2 Info Doc may be amended on approval by the Minister.

 

10.2 The SVA for standard materials used in the manufacture of an eligible product will be 25 per cent of the value of the standard material.