Incase we have registered under PIS 20 years ago but haven't done the PSV and sell-off the project so are we eligible for any kind of benefits? Or any consessional rate of duty refund or something? If yes then what is the procedure for the same and how to apply for refund.
Waiting for your reply
thanking you
Mr. Satish Rajguru.
Eligibility for Benefits or Refunds on Sold PIS Project Without Plant Site Verification: Residency Status Impact A user inquired about eligibility for benefits or duty refunds if a project registered under PIS 20 years ago was sold without completing the Plant Site Verification (PSV). They sought information on procedures for applying for any available concessions. The response from another participant questioned the residency status of the inquirer, implying that residency might affect eligibility or procedures related to the query. (AI Summary)
TaxTMI 
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