The South African Institute of Taxation (SAIT) submitted feedback on the Manufacturing Support Programme (MSP) guidelines issued by the Department of Trade, Industry and Competition (DTIC). The guidelines are intended to assist applicants in preparing submissions and to guide DTIC in evaluating applications. SAIT raised several clarifying questions and concerns, including issues around the sourcing of inputs, the definition of raw materials, application timelines, and funding limitations. Key points of inquiry included whether locally sourced but imported goods qualify, if agricultural raw materials count, and whether applicants with multiple sites or funding from other programs can apply. Overall, SAIT welcomed the opportunity to provide input and expressed willingness to engage further on the matter.
READ MORE
READ MORE