CBW Custom bonded warehouse price in quotation by indian bidder CBW Custom bonded warehouse price in quotation by indian bidder

2 years ago

The Indian bidder in a tender has quoted CBW price. Can the Buyer organization (R&D) issue CDEC certificate to the indian bidder( who is importing from OEM foreign).

Ayantika Mondal @ Prime Legal

Responded 2 years ago

A.Hi,
As per the government notification, cdec is only issued by qualified research institution to Indian Bidders who are importing equipment from OEM. So, if the organization qualifies as research institution capable of issuing cdec, then they can issue the certificate, otherwise they cannot do so.
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Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 2 years ago

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A.Hi,
Yes, if the buyer is an research institution who is qualified to issue an CDEC certificate, then the buyer can issue the CDEC certificate to the Indian bidder.
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