what is certificate of procurement and what is the necessity of PC

[raj nadh]

Dear Experts,

Pls clarify what is certificate of procurement and what is the necessity of PC in EOU.

[YAGAY andSUN]

Dear Anand,

It is a certificate which is issued to the EOU by the jurisdictional Central Excise/Customs Authorities for procurement of goods either from DTA units under CT-3 form or imported through another country.

Regards

Team YAGAY & SUN

AI Summary

Procurement Certificate Issued to EOUs for DTA Goods or Imports, Using CT-3 Form by Excise/Customs Authorities A certificate of procurement is issued to Export Oriented Units (EOUs) by the jurisdictional Central Excise/Customs Authorities. It allows EOUs to procure goods either from Domestic Tariff Area (DTA) units using a CT-3 form or through imports from other countries. This certificate is essential for facilitating the procurement process within the regulatory framework.