Section C 24201

Refining of precious metals

SIC-7 Code

24201

ETI Eligible

✅ Yes

Description

SIC code 24201 (Refining of precious metals) is part of Division 24 (Manufacture of basic metals) within Section C (Manufacturing).

Compliance Risk Score
10 /10
Verified Official Source
International Crosswalk
Previous Edition Migration
Complete Hierarchy
Size/Threshold Documented
Trade or Export Match
Legacy Crosswalk

Who is this code for

This code typically applies to:

AssemblerJoins components to create finished products in a factory environment.
Production ManagerOversees the manufacturing process to ensure efficiency and quality standards.
Industrial MechanicInstalls and repairs complex industrial machinery and equipment.
Chemical EngineerApplies chemistry and engineering to design manufacturing processes for chemicals.
Product DesignerCreates specifications and designs for manufactured goods and products.
Machine OperatorOperates and maintains industrial machinery for product assembly or processing.

Previous Classification (SIC 5)

Under the previous SIC 5 system, this activity was linked to: 35201 - Refining precious metals.

In this section (Manufacture of basic metals)

Tax & Compliance 2026/27

Corporate27%
BTW / VAT15%
ETIAvailable
WageR27.58/h
View all rates →

SETA Allocation

merSETA
Manufacturing, Engineering and Related Services SETA

Frequently Asked Questions

Sources: Statistics South Africa | SARS | CIPC