Evidence of import documentary acceptance extended to audited autonomous bodies; authorised dealers may accept auditor/CEO declaration. Authorised dealers may accept either the Exchange Control copy of the Bill of Entry for home consumption or a certificate from the CEO or auditor confirming goods were imported for eligible importers; the facility, previously limited to listed companies meeting a net worth threshold and public sector entities, is extended to autonomous bodies and specified scientific/academic institutions whose accounts are audited by the statutory government auditor, provided a declaration from the auditor/CEO confirming such audit accompanies the documentary evidence.
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.
Evidence of import documentary acceptance extended to audited autonomous bodies; authorised dealers may accept auditor/CEO declaration.
Authorised dealers may accept either the Exchange Control copy of the Bill of Entry for home consumption or a certificate from the CEO or auditor confirming goods were imported for eligible importers; the facility, previously limited to listed companies meeting a net worth threshold and public sector entities, is extended to autonomous bodies and specified scientific/academic institutions whose accounts are audited by the statutory government auditor, provided a declaration from the auditor/CEO confirming such audit accompanies the documentary evidence.
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