International Trade Administration Act, 2002 (Act No. 71 of 2002)RegulationsAutomotive Production and Development Programme (APDP) RegulationsPart F - Transitional Notes23. Quarterly Customs account and other matters |
23.1 | Note 10 to rebate item 317.03 of Schedule No. 3 to the Customs Act has reference regarding matters applicable to the quarterly Customs account of light motor vehicle manufacturers. |
23.2 | The Motor Industry Development Programme (MIDP) will end on 31 December 2012. Accordingly, although claims for exports on or before 31 December 2012 may still be submitted up to 31 December 2013, no application for an import rebate credit certificate (IRCC) based on exports after the termination of the MIDP will be entertained. |
23.3 | Specified light motor vehicles and automotive components manufactured before 31 December 2012, but only sold after 31 December 2012, will qualify for APDP benefits provided that no benefits were claimed on these sales under the MIDP. |
23.4 | To ease the transition from the MIDP to the APDP, the following conditions will apply to existing light motor vehicle manufacturers to qualify for a CSP during 2013: |
23.4.1 | Only light motor vehicle manufacturers that have a production capacity of 50 000 units per annum will qualify for a CSP; |
23.4.2 | The CSP for the first quarter of 2013 will be calculated using financial and statistical information applicable to the last quarter of 2012; |
23.4.3 | No minimum production level will apply during the first two quarters of 2013; and |
23.4.4 | A minimum production level of 12 500 units must be achieved in the third quarter of 2013; and |
23.4.5 | A most recent four quarter total of 50 000 units must be achieved during the 4th quarter of 2013. |