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

Regulations

Automotive Production and Development Programme (APDP) Regulations

Part E - Imported Component Values

22. Calculation for imported component values
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22.1 The imported component values for specified motor vehicles manufactured must be determined using the method and basis of calculation as set out by ITAC in APDP Info Doc C titled “Declaration of imported component values”.

 

22.2 ITAC has the right to verify the correctness of the imported component values declared by manufacturers of eligible products by, amongst others, verifying Form C1s and related documents. Discrepancies detected by ITAC will be dealt with as provided for in APDP Info Doc C.

 

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