2022 (11) TMI 1400
X X X X Extracts X X X X
X X X X Extracts X X X X
....hivajinagar, Pune, Maharashtra, India-411016 have sought an Advance Ruling on a Project Import proposed to be carried out by them. 2. The applicant made the following submissions : 2.1 The project authority in the said case is Pune Metropolitan Rail Development Authority (PMRDA). 2.2 PMRDA is an independent Autonomous body of Government of Maharashtra. 2.3 PMRDA is setting up a dedicated Pune Metro Line 3 (Pune - Hinjewadi). 2.4 The applicant, i.e. Pune IT City Metro Rail Corporation is a special purpose vehicle formed among PMRDA, Siemens GMBH and Tata Projects to design, build, finance, operate and transfer the operations to the beneficiary. 2.5 Siemens Limited is one of the contractual supp....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... 3F of the Regulations, whereby the sponsoring authority for the said project becomes the concerned State Government. 2.10 The applicant has sought an Advance Ruling on whether the applicant and Siemens Limited can register the said "Project" and avail the concessional duty benefit under Project Import Regulations under the CTH 9801 with recommendation/sponsoring letter issued by the PMRDA. 3. A personal hearing was held on 13-10-2022 and represented by Shri Vivek Kharawadkar, Chief Engineer, PMRDA, Shri Kailash Gade and Shri Edwin Jesudas from Siemens Ltd. Above-mentioned representatives submitted a copy of the sponsorship letter issued by the Additional Chief Secretary, Urban Development Department, Government of Maharasht....
X X X X Extracts X X X X
X X X X Extracts X X X X
....and (6) Such other projects as the Central Government may, having regard to the economic development of the country notify in the Official Gazette in this behalf, and spare parts, other raw materials (including semi-finished material) or consumable stores not exceeding 10% of the value of the goods specified above provided that such spare parts, raw materials or consumable stores are essential for the maintenance of the plant or the project mentioned in (1) to (6) above. 4.2 The Central Government having regard to the economic development of the country has notified Metro Rail Projects under the Customs Heading 98.01. The project being carried out by the applicant is the Pune Metro Line 3 (Pune - Hin....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ail Corporation Ltd., Metro House, Bungalow No. 28/2, Anand Nagar, C.K. Naidu Road, Civil Lines, Nagpur-440001 4.6 The applicant has sought an Advance Ruling on whether the applicant and Siemens Limited can register the said "Project" and avail the concessional duty benefit under Project Import Regulations under the CTH 9801 with recommendation/sponsoring letter issued by the PMRDA. 4.7 In this regard I find that the project of the applicant is the Pune Metro Line 3 (Pune - Hingewadi) and is carried out by Pune IT City Metro Rail under the aegis of PMRDA. 4.8 As per the official website of the PMRDA viz. http://www.pmrda.-gov.in, the area including the cities of Pune and Pimpri-Chinchwad, the tehsils of Maval, Mulshi....
TaxTMI