TaxTMI 
TaxTMI 
Dear Experts,
Pls clarify what is certificate of procurement and what is the necessity of PC in EOU.
what is certificate of procurement and what is the necessity of PC
10 Jun 2014 
1 Reply 
6557 Views Asked by
Certificate of Procurement enables EOUs to source goods from domestic or foreign channels under customs authorization.
Certificate of Procurement is issued by jurisdictional Central Excise or Customs authorities to an Export Oriented Unit to authorize procurement of goods from Domestic Tariff Area suppliers under CT-3 or by importing through another country; the Procurement Certificate (PC) is the administrative authorization necessary to regularize these procurement routes under customs/excise rules. (AI Summary)
Certificate of Procurement is issued by jurisdictional Central Excise or Customs authorities to an Export Oriented Unit to authorize procurement of goods from Domestic Tariff Area suppliers under CT-3 or by importing through another country; the Procurement Certificate (PC) is the administrative authorization necessary to regularize these procurement routes under customs/excise rules. (AI Summary)