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 12. Import and procurement of goods by the Developer.—

(1) The Developer may import or procure goods from the Domestic Tariff Area, without payment of duty, taxes and cess for the authorized operations, subject to the provisions contained in the sub-rules (2) to (8).

(2) The Developer shall make an application, after obtaining approval for the authorized operation under rule 9, to the Development Commissioner, along with the list of goods and services, including machinery, equipments and construction materials required for the authorized operations, duly certified by a Chartered Engineer for approval by the Approval Committee.
(3) The Developer shall declare the place of storage of goods within the Special Economic Zone to the Specified Officer:
Provided that in case the storage is outside the processing area but within the Special Economic Zone, such storage shall comply with such safeguards as may be necessary for the purpose and approved by the
Specified Officer.
(4) The goods imported or procured from the Domestic Tariff Area by the Developer for authorized operations shall be kept in a clearly demarcated area for inspection by the authorized officer before such goods are brought into use.
(5) The Developer shall execute a Bond-cum-Legal Undertaking in Form D, jointly with the Development Commissioner and Specified Officer, with regard to proper accountal and utilization of goods for the authorized operations within a period of one year or such period, as may be extended by the Specified Officer.
(6) The Developer shall maintain a proper account of the import or procurement, consumption and utilization of goods and submit quarterly
and half-yearly returns to the Development Commissioner in Form E for placing the same before the Approval Committee for consideration.
(7) The Developer shall submit a half-yearly certificate for the period ending 31st March and 30th September of every financial year regarding
utilization of goods from an independent Chartered Engineer, other than the one who has given a certificate for the purpose of sub-rule (2), to
Development Commissioner and Specified Officer and every certificate under this sub-rule shall be filed within thirty days of the period specified, as the case may be.
(8) The Developer shall not remove goods from the Special Economic Zone to the Domestic Tariff Area except with the permission of the
Specified Officer and on payment of duty applicable on such goods.
Amit R Gupta

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