Certificate of Payments verifies supplies and payments for project contracts enabling deemed export benefits under FTP procurement conditions. The Appendix prescribes standard certificate formats (Forms I-A, I-B, I-C) and accompanying undertaking and declaration (Forms II, III) to verify ... Summary
Certificate of Payments verifies supplies and payments for project contracts enabling deemed export benefits under FTP procurement conditions.
The Appendix prescribes standard certificate formats (Forms I-A, I-B, I-C) and accompanying undertaking and declaration (Forms II, III) to verify supplies, payments, site acceptance and the import content for project contracts under specified procurement regimes (including International Competitive Bidding, DDP-evaluated bids, zero customs duty procurements, and specified project categories), requires certification that no CENVAT credit/rebate has been availed, and mandates signatory and contact details with Chief Executive or authorised officer endorsement.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.