Project import contract finalisation requires timely import statements, supporting value and quantity evidence, and category-specific sponsoring authorities.

Contract finalisation requires the importer, within three months after clearance for home consumption of the last consignment or within an extension allowed by the proper officer, to submit a statement of imported goods supported by evidence of their value and quantity and any further required material. Sponsoring authority depends on the project category, including SSI, power and transmission, water supply, ropeway, pipeline, digital cinema, metro or monorail, high-speed rail, agricultural handling, cold-chain, and protected-cultivation projects. Other eligible plants and projects are assigned to the concerned administrative ministry or department.

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