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)

11. Yearly PI Factor Percentage
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11.1 The PI factor for PRC claims applicable to specified motors vehicles from 01 July 2021 will be 50 per cent; and

 

11.2 The PI factor for PRC claims applicable to automotive components and automotive tooling from 01 July 2021 will be 62.5 per cent.