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

Regulations

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

Part E - Imported Content and imported raw material Value (declaration of foreign content)

21. Calculation of imported content values
Purchase cart Previous page Return to chapter overview Next page

 

21.1 The imported component and raw material values for specified motor vehicles manufactured must be determined using the method and basis of calculation as set out by ITAC in APDP2 Info Doc C titled “Declaration of imported contents”.

 

21.2 ITAC has the right to verify the correctness of the imported component and material values declared by manufacturers of eligible products by, amongst others, verifying Form C2s and related documents. Discrepancies detected by ITAC will be dealt with as provided for in APDP2 Info Doc C.

 

21.3 Values must be entered in Rand (ZAR) and may not be expressed as a percentage or as a foreign currency.