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Clarification on imports for less than 5 lacs, Customs - Exim - SEZ

Issue Id: - 116868
Dated: 24-11-2020
By:- BRIJMOHAN GOYAL

Clarification on imports for less than 5 lacs


  • Contents

Sir,

We need clarification on imports for PSUs & Govt organisation for less than 5 lacs. As per Public Procurement (Preference of Make in India), Order no. 2017 -Revision; dated 04th June 2020.

As per clause no.4 on page no.4 : "Exemption of small purchases: Notwithstanding anything contained in paragraph 3, procurements where the estimated value to be procured in less than ₹ 5 lakhs shall be exempt from this order."

As per our clause , it has doubt that :-

(a) Applicable for price preference for Class- A vendor , for tenders less than 5 lac is not applicable.

OR

(b) Any procurement upto ₹ 5 lakh is exempted from imports, i.e For imports less than 5 lacs by CPSUs/Govt. Orgn, no permission is required from Ministry of Expenditure.

We request for clarification on above issue.

Regards,

BM Goyal

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1


1 Dated: 24-11-2020
By:- PAWAN KUMAR

request to share the details of the subject order.


Page: 1

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