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)6. What is a PRC |
6.1 | A PRC is a duty credit certificate issued by ITAC indicating the amount of customs duty that can be rebated using the PI, which is an incentive available to final manufacturers of eligible products in South Africa. |