TMI BlogRegistration of contractsX X X X Extracts X X X X X X X X Extracts X X X X ..... ne or more contracts with the suppliers of the goods for setting up a project. Such contracts should be registered, prior to clearance, in the Custom House through which the goods are expected to be imported. The importer shall apply for such registration in writing to the proper officer of Customs. 3.2 Regulation 5 provides in the manner of registering contracts, which is as follows: (i) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al Import licence, if any, with a list of items showing the dimensions, specifications, quantity, quality, value of each item duly attested by the Licensing Authority and a copy thereof. (iv) Recommendatory letter for duty concession from the concerned Sponsoring Authority, showing the description, quantity, specification, quality, dimension of each item and indicating whether the recommendat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ncial Institution, etc. (viii) Two attested copies of foreign collaboration agreement, technical agreement, knowhow, basic/detailed engineering agreement, equipment supply agreement, service agreement, or any other agreement with foreign collaborators/suppliers/ persons including the details of payment actually made or to be made. (ix) Such other particulars, as may be considered necessa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t for the purpose of Regulation 5 of Project Import Regulations, 1986 . [Refer Circular No. 31/2013-Cus. dated 6-8-2013 ] 3.5 After satisfying that goods are eligible for project imports benefit and importer has submitted all the required documents, the contract is registered by the Custom House and as a token of registration the provisional duty bond is accepted by the Assistant/ Deput ..... X X X X Extracts X X X X X X X X Extracts X X X X
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