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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>New Guidelines for Issuing Procurement Certificates to EOUs under Notification No.52/2003Cus to Boost Efficiency.</h1> The circular addresses the practice of issuing Procurement Certificates (PC) for duty-free imports by Export Oriented Units (EOUs), as governed by Notification No.52/2003Cus. It clarifies that PCs should be issued by the jurisdictional Superintendent of Customs or Central Excise, except for chemical and textile sectors where the Assistant/Deputy Commissioner remains responsible. EOUs with a status holder certificate and a physical export turnover of Rs. 10 crores or more in the previous financial year can use pre-authenticated PCs without countersignature by the AC/DC. The circular emphasizes adherence to these instructions to streamline procedures and enhance business efficiency.
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