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.

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.