Regulation 7 requires project-import finalisation documents to be filed within three months from clearance of the last consignment, unless the proper officer allows additional time. An undisposed extension application may, in appropriate circumstances, permit the importer to proceed on the basis that the requested extension was granted, particularly where the required documents were filed before show-cause notices. Entitlement to nil-duty project-import treatment also requires proper consideration of the clearance date, the extension request, reconciliation documents, and any applicable Board circular relaxing plant-related requirements for public sector undertakings.
Regulation 7 requires project-import finalisation documents to be filed within three months from clearance of the last consignment, unless the proper officer allows additional time. An undisposed extension application may, in appropriate circumstances, permit the importer to proceed on the basis that the requested extension was granted, particularly where the required documents were filed before show-cause notices. Entitlement to nil-duty project-import treatment also requires proper consideration of the clearance date, the extension request, reconciliation documents, and any applicable Board circular relaxing plant-related requirements for public sector undertakings.
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TaxTMI 
TaxTMI 
of 4897 
