Imports under leasing arrangement- BE may be filed in the name of importer and lessor

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....ports under leasing arrangements with leasing companies - reg. I am directed to refer to representation dated 5th May, 1998 from M/s All India Association of Industries on the above subject. They have informed that their members are setting up various industrial projects and availing the facility of import of capital goods under leasing agreements. In case of import by different projects, the Bil....

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....orts under Project Import, the goods at concessional rate are allowed only in case of initial setting up of a unit or the substantial expansion of an existing unit of specific project and subject to the condition laid down under the Project Imports Regulations, 1986. The contracts are required to be registered. The benefit is allowed only for the specified purpose. 4. Goods imported under project....

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.... and Address M/s__________________________________________________________ _________________________________________________________________ _________________________________________________________________ __________________________________(Lessee) Financed by M/s ________________________________________________ _________________________________________________________________ _______....