Project Authority Certificate confirms eligibility for zero-duty or deemed-export treatment where procurement follows international competitive bidding procedures. Project Authority Certificate is a required certification by an authorised project official confirming contract identity, supplier, description, quantity, value and the procurement/financing basis that entitles supplies to special FTP treatment. It must declare the import content, specify whether procurement is under ICB, DDP pricing, turnkey contracts, or other eligible categories (multilateral/bilateral/UN/mega power/nuclear projects), and provide particulars for main contractors and subcontractors, including payment arrangements and serialisation and signature requirements for Regional Licensing Authority processing.
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.
Project Authority Certificate confirms eligibility for zero-duty or deemed-export treatment where procurement follows international competitive bidding procedures.
Project Authority Certificate is a required certification by an authorised project official confirming contract identity, supplier, description, quantity, value and the procurement/financing basis that entitles supplies to special FTP treatment. It must declare the import content, specify whether procurement is under ICB, DDP pricing, turnkey contracts, or other eligible categories (multilateral/bilateral/UN/mega power/nuclear projects), and provide particulars for main contractors and subcontractors, including payment arrangements and serialisation and signature requirements for Regional Licensing Authority processing.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
