Continuance of Deemed Export benefits under Para 10.2(d) of Exim Policy 1997-2002,for supplies made to MaharashtraState Electricity Board for execution of Maharashtra Power Projects in the wake of withdrawal of World Bank loan for these projects-World Mank Loan No 3489-IM
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Deemed export benefits continued for contracts with pre-suspension letters of intent, subject to delivery schedule and certification. Deemed export benefits under Paragraph 10.2(d) of the Exim Policy, 1997-2002, are extended to contracts with letters of intent issued prior to the World Bank suspension date, where tenders were evaluated under World Bank procurement procedures; benefits apply during the contracted delivery period including authorised extensions. Contracts completed before this Public Notice are ineligible for special imprest licence unless licence application preceded supply. The Project Authority must certify in Appendix 14 A that the contract was entered into prior to the suspension date.
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Deemed export benefits continued for contracts with pre-suspension letters of intent, subject to delivery schedule and certification.
Deemed export benefits under Paragraph 10.2(d) of the Exim Policy, 1997-2002, are extended to contracts with letters of intent issued prior to the World Bank suspension date, where tenders were evaluated under World Bank procurement procedures; benefits apply during the contracted delivery period including authorised extensions. Contracts completed before this Public Notice are ineligible for special imprest licence unless licence application preceded supply. The Project Authority must certify in Appendix 14 A that the contract was entered into prior to the suspension date.
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