The Automotive Production Development Program replaced the MIDP on 1 January 2013. The APDP is the government support program for the automotive industry in South Africa. The APDP provides duty relief for qualifying vehicle and component manufacturers, through rebate and refund opportunities. Our services provide a comprehensive solution to ensure that all available incentives and duty refunds are claimed.
The APDP also places an administrative burden on participants, who have to complete quarterly submissions to SARS and OEM’s. BCE manages this administrative obligation on behalf of our clients by performing the following services:
- SMD and C1 declarations,
- PRCC claims
We also facilitate the trading of PRCC rebates amongst the participants in the automotive industry that is registered under the APDP. This is a substantial part of our business, and contributes 90% to Revenue per Annum (2014).