Import assessment finalisation requires reconciliation statement and engineer certification; site verification may be required and assessments completed within prescribed periods. Importers must submit a reconciliation statement and a registered chartered engineer's installation certificate, with bills of entry, invoices and final payment certificate where final settlement occurs after supply completion. Plant site verification is applied to confirm use of imports for the declared project, routinely for higher value contracts and selectively otherwise. Provisional assessments are finalised within shorter or longer prescribed periods depending on whether site verification is required, and confirmed unpaid demands are pursued through statutory recovery procedures.
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Provisions expressly mentioned in the judgment/order text.
Import assessment finalisation requires reconciliation statement and engineer certification; site verification may be required and assessments completed within prescribed periods.
Importers must submit a reconciliation statement and a registered chartered engineer's installation certificate, with bills of entry, invoices and final payment certificate where final settlement occurs after supply completion. Plant site verification is applied to confirm use of imports for the declared project, routinely for higher value contracts and selectively otherwise. Provisional assessments are finalised within shorter or longer prescribed periods depending on whether site verification is required, and confirmed unpaid demands are pursued through statutory recovery procedures.
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