Finalisation of contract: importer must submit detailed import statements and proof within the prescribed period for verification. Regulation 7 requires the importer to submit, within the prescribed period or any extension allowed by the proper officer, a statement detailing imported goods together with documents proving value and quantity for finalisation of the contract; the proper officer may request additional documents and grant extensions. The Regulation also lists sponsoring authorities for diverse categories of plants and projects under the Project Imports regime.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Finalisation of contract: importer must submit detailed import statements and proof within the prescribed period for verification.
Regulation 7 requires the importer to submit, within the prescribed period or any extension allowed by the proper officer, a statement detailing imported goods together with documents proving value and quantity for finalisation of the contract; the proper officer may request additional documents and grant extensions. The Regulation also lists sponsoring authorities for diverse categories of plants and projects under the Project Imports regime.
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