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🔎 Manuals - Adv. Search
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          Application and Approval Procedures

          Setting up of ICDs/CFSs/AFS

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          Approval procedure for ICD/CFS/AFS governs application, LOI issuance, validity and grounds for suspension or revocation. Application for setting up ICD/CFS/AFS requires submission of an application with a Detailed Project Report to Member (Customs), CBIC and an advance copy to the jurisdictional Commissioner, who must examine feasibility and provide categorical recommendations; the IMC then reviews comments and independently approves or refuses projects. On approval, a Letter of Intent is issued with limited validity and extensions; IMC may suspend or revoke approval for breach of conditions, public interest prejudice, or conviction of promoters.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Approval procedure for ICD/CFS/AFS governs application, LOI issuance, validity and grounds for suspension or revocation.

                                  Application for setting up ICD/CFS/AFS requires submission of an application with a Detailed Project Report to Member (Customs), CBIC and an advance copy to the jurisdictional Commissioner, who must examine feasibility and provide categorical recommendations; the IMC then reviews comments and independently approves or refuses projects. On approval, a Letter of Intent is issued with limited validity and extensions; IMC may suspend or revoke approval for breach of conditions, public interest prejudice, or conviction of promoters.





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                                  ActsIncome Tax
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