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

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Automotive Production and Development Programme (APDP) Regulations

Part C - Production Rebate Credit Certificates

10. Standard materials

 

10.1 Material qualifying as standard materials, and thereby qualifying as value added, are those identified by the Minister and set forth in note 4.4.1 to APDP Info Doc A. The list of standard materials as set out in the APDP Info Doc may be amended on approval by the Minister.

 

10.2 The SVA for standard materials used in the manufacture of an eligible product will be 25 per cent of the value of the standard material.