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

Regulations

Automotive Production and Development Programme (APDP) Regulations

Part E - Imported Component Values

20. Form C1

 

20.1 Form C1 is the form that must be used by specified motor vehicle manufacturers and component manufacturers supplying goods to specified motor vehicle manufacturers to declare their imported component values.

 

20.2 All participants in the APDP must use Form C1 to declare their imported component values in respect of original equipment components for use in the manufacture of specified motor vehicles received from any person in the SACU.

 

20.3 Any incorrect information supplied on Form C1 can render the whole document null and void and may result in the purchase price of all items in such document being regarded as imported component values.

 

20.4 If Form C1 is not obtained and completed, the imported component values in respect of such goods may be deemed to be the price at which such goods were purchased.