Petroleum import exemption conditions require DGHC certificates and contractor/sub-contractor undertakings for compliance. Amendment adds S. No. 154A to the Table and substitutes condition 36 with conditions 36 and 36A, conditioning duty-free import of List 12 goods for petroleum operations on importer status and documentary proof: a Directorate General of Hydro Carbons certificate confirming necessity and contractual importation, a no-foreign-exchange-remittance certificate for contracts involving foreign companies, and for sub-contractors an additional affidavit and contractor undertaking; the no-foreign-exchange requirement does not apply to Indian company sub-contractors. The List 12 heading is revised to cite both S. Nos. 154 and 154A.
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Petroleum import exemption conditions require DGHC certificates and contractor/sub-contractor undertakings for compliance.
Amendment adds S. No. 154A to the Table and substitutes condition 36 with conditions 36 and 36A, conditioning duty-free import of List 12 goods for petroleum operations on importer status and documentary proof: a Directorate General of Hydro Carbons certificate confirming necessity and contractual importation, a no-foreign-exchange-remittance certificate for contracts involving foreign companies, and for sub-contractors an additional affidavit and contractor undertaking; the no-foreign-exchange requirement does not apply to Indian company sub-contractors. The List 12 heading is revised to cite both S. Nos. 154 and 154A.
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