Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Ministry of Finance Revises Project Import Regulations: Cash Security Removed, Bank Guarantee Now Required Up to Rs. 1 Crore.</h1> The circular from the Ministry of Finance, Department of Revenue, addresses changes to the security requirements under the Project Import Regulations, 1986. Previously, a cash security of 2% of the CIF value, up to Rs. 50 lakhs, was required for project contract registration. Now, the requirement for cash security is eliminated, and only a bank guarantee, up to Rs. 1 Crore, is needed, backed by an undertaking for renewal. This change aims to address delays in project finalization. Government Departments and Public Sector Undertakings remain exempt from these requirements as per existing practices.
TaxTMI 
TaxTMI 
