International Trade Administration Act, 2002 (Act No. 71 of 2002)RegulationsAutomotive Production and Development Programme post 2020 (APDP Phase II) RegulationsPart C - Production Rebate Certificates (PRCs)12. Application for PRCs |
| 12.1 | To claim a PRC, an application must be lodged with ITAC in the manner and form as required in note 5 to APDP2 Info Doc A. |
| 12.2 | An application for a PRC may be lodged only once full payment for the eligible products sold have been received by the manufacturer or, in the case of vehicle capitalized by an OEM, the date of capitalisation. |
| 12.3 | The right to claim PRCs lies with the applicant who is the registered manufacturer of an eligible product, except for a component manufacturer that supplies components for fitment on line by a registered local light motor vehicle manufacturer for assembly of specified light motor vehicles, in which case the value added on the applicable components will roll up to the standard material declaration of the registered light motor vehicle manufacturer, who may claim the PRC for the manufactured vehicle that incorporates the applicable components. |
| 12.4 | Completed applications claiming PRCs must be submitted to ITAC no later than 12 calendar months from the date of the invoice for the eligible products. |