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)7. Calculation of Production Incentive (PI) |
| 7.1 | The value of the PI is determined by local value addition. The result is adjusted by the PI factor provided for in section 11 hereof to arrive at the value of the PI. |
| 7.2 | The value of the PI will be further adjusted by the applicable customs duty. |