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

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

Part C - Production Rebate Certificates (PRCs)

14. Usage of a PRC

 

14.1 A PRC can be used to rebate the customs duty for customs purposes of imports into South Africa of the following automotive products:
14.1.1 New right-hand drive specified motor vehicles as defined in note 1 to rebate item 317.04 to the Customs Act; and
14.1.2 Automotive components as defined in note 8 to Chapter 98 of Part 1 of Schedule No. 1 to the Customs and Excise Act for the specified motor vehicles and automotive components for which the tariff headings are listed in rebate Item 460.17/00.00/03.00 of Schedule No. 4 to the Customs and Excise Act for specified motor vehicles.

 

14.2 A PRC can be used only by the original holder thereof. However, the original holder of the PRC may apply to ITAC, in the manner and form prescribed by ITAC, for the PRC to be transferred to another South African entity importing eligible products listed in 14.1, upon the sole discretion of ITAC. A PRC may only be transferred once.

 

14.3 A PRC is valid for a period of twelve months, which period commences on the first day of the quarter in which the PRC claim was submitted to ITAC.