Project imports - CBEC's Customs Manual 2023 - Customs

..... every item or parts of machinery which are supplied in stages. Hence, ascertaining values for different items delay assessment leading to demurrage and time and cost overruns for the project. Therefore, to facilitate smooth and quick assessment by a simplified process of classification and valuation, the goods imported under Project Import Scheme are placed under a single Tariff Heading 9801 in the Customs Tariff Act, 1975. The Central Government has formulated the Project Import Regulations, 1 .....

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Project imports - CBEC s Customs Manual 2023 - Customs

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..... 1. However, this benefit is not available to hotels, hospitals, photographic studios, photographic film processing laboratories, photocopying studios, laundries, garages and workshops. This benefit is also not available to a single or composite machine. 2.4 Goods that can be imported under Project Import Scheme are machinery, prime movers, instruments, apparatus, appliances, control gear, transmission equipment, auxiliary equipment, equipment required for research and development purposes, equip .....

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Project imports - CBEC s Customs Manual 2023 - Customs

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..... quipment may be permitted to be transferred to other registered project under CTH 9801, after completion of its intended use, on recommendations of sponsoring authority. The “Plant Site Verification Certificate” required to be submitted for finalization of project as per Circular No. 14/2006-Cus., dated 17-4-2006 shall incorporate the details of construction equipment imported and used for the project, to ensure proper utilization of goods imported. [Refer Circular No. 49/2011-Cus. d .....

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Project imports - CBEC s Customs Manual 2023 - Customs

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