Regarding clarification regarding contract under PIR, 1986

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....Commissioner of Customs and Central Excise All Commissioners of Customs All Commissioners of Customs and Central Excise Sir/Madam, References have been received in the Board to clarify whether or not a purchase order can be considered as a contract in terms of provisions contained in the Project Import Regulations, 1986. It is also reported that in this regard varying practices are bei....