10.12
- Document type
- Procedure
- Dated
- Category
- HB Vol.1 (upto 31/03/2001)
Supplies to UN Organisation
q
Supplies made by an Indian sub-contractor of an Indian or foreign main
contractor, shall also be eligible for deemed export benefits provided the name
of the sub-contractor is indicated either originally or subsequently in the
contract, and payment certificate is issued by the project authority in the
name of the sub-contractor in the form given in Appendix 14-B. In respect of
supplies made by sub-contractor to the main contractor under paragraph 10.2 (d)
(e) (f) (g) and (i), the main contractor may make payment to the sub-contractor
and issue payment certificate in the form given in Appendix-14 B as form 1-C.
The deemed exports benefits to the sub-contractor would be available to the
extent of goods that are manufactured and supplied by him or outsourced from
other manufacturers, for the value as indicated in Appendix 14-A.
While entertaining the claim of sub-contractor, the sub-contractor would be
required to submit a copy of payment certificate issued by project authority to
the main contractor for supplies as well as payment certified from the main
contractor indicating receipt of payment from main contractor to the extent
supplies affected by sub-contractor through banking channel, in addition to
other prescribed documents