Guidelines for the Scheme to Promote Manufacturing of Electric Passenger cars in India

REGD. No. D. L.-33004/99 The Gazette of India EXTRAORDINARY PART II—Section 3—Sub-section (ii) PUBLISHED BY AUTHORITY No. 2391] NEW DELHI, MONDAY, JUNE 2, 2025/JYAISTHA_12, 1947 MINISTRY OF HEAVY INDUSTRIES NOTIFICATION New Delhi, the 2nd June, 2025 S.O. 2450(E).-Guidelines for the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEРСІ) 1. Background 1.1. The Government of India vide notification S.O. No. 1363(E) dated 15th March 2024 has notified the Scheme to Promote Manufacturing of Electric Passengers Cars in India (herein referred to as "SPMEPCI” or “the Scheme") to attract investments from global electric passenger car manufacturers, generate employment opportunities, achieve the goal of "Make in India" and promote India as a manufacturing destination for electric passenger cars. 1.2. Department of Revenue, Ministry of Finance, also issued notifications nos. 19/2024-Customs & 20/2024- Customs dated 15th March 2024 for reduced import duties in line with the provisions of the Scheme. 1.3 In pursuance of paragraph 12.4 of the Scheme and for effective and smooth implementation of the Scheme, the following guidelines are being laid down supplementary to the provisions specified in the Scheme. Efforts have been made to ensure that these guidelines are aligned with the provisions of the Scheme. However, in the event of any inconsistency, the provisions of the Scheme notification shall prevail. 2. Definitions This section defines terms used in the guidelines of the Scheme in addition to the terms already defined therein: 2.1. Application Form: It is the form required to be filed by the Applicant along with uploading of supporting documents on the online portal of MHI. The format of Application Form is provided in Annexure-I for reference purpose. A hard copy of the application along with all annexures will also be submitted to MHI. In case of any discrepancy between the information submitted online and the hard copy, the information submitted online shall prevail while evaluating eligibility under the Scheme. 2.2. Chartered Engineer: Engineers having corporate membership of the Institute of Engineers (India) and having Chartered Engineer (India) certificate issued by the Institution of Engineers (India) and empanelled with the PМА. 2.3. Committed Investment: The total investment committed to be made by an Applicant under the Scheme, at the time of submitting the Application. The committed investment should be a minimum of ₹ 4,150 crore. Provided further that there is no bar on the Applicant from making investment beyond the minimum committed investment. However, the total duty to be foregone shall be limited to lower of ₹ 6,484 crore or the Investment made under this Scheme. 2.4. Date of Commencement of Operations: The date of commencement of operations shall be reckoned from the date of first commercial sale invoice of the Eligible Product manufactured from the Investment made under the Scheme. 2.5. Duty Foregone: It is the financial benefit to the Approved Applicant on account of import of e-4W made during the tenure of the Scheme as the difference of: (a) Amount of Customs duty (including basic customs duty, integrated goods and services tax (IGST), social welfare surcharge (SWS) or any other customs duty, if applicable) as applicable on the import of CBUS of electric passenger cars under the Customs Tariff Act, 1975 as amended from time to time and section 110 of the Finance Act, 2018 as amended from time to time and; (b) Amount of Customs duty as per para 2.5.(a) above, reduced after taking effect of Notification No. 19/2024- Customs and Notification No. 20/2024- Customs dated 15th March 2024. Illustrative examples for calculating Duty Foregone are provided at para 2.8. 2.6. Electric Passenger Car/Vehicle (e-4W): shall refer to category M-1 Battery Operated Vehicle (BOV), as defined under clause 2(t) and 2(u) of Central Motor Vehicles Rules, 1989. 2.7. E-4W permitted for import: means electric passenger cars manufactured by global Group Companies which are proposed to be imported by the Approved Applicant and approved for sale in India as per relevant statutory regulations. 2.8. Maximum number of E-4W permitted for import: The maximum number of EVs to be imported under this Scheme shall be such that the Total Duty Foregone will be limited to the lower of the following: a. The maximum duty foregone per applicant (limited to ₹ 6,484 crore), or b. Committed Investment of the Applicant (in ₹ crore) The maximum number of e-4W permitted for import shall vary according to the CIF value of e-4W to be imported, exchange rate of USD, Committed Investment of the Applicant and applicable Customs duty, etc. Following are illustrative examples: Example 1: (a) Committed Investment: ₹ 4,150 crore (b) CIF Value of e-4W: USD 35,000 (c) Exchange rate (1 USD): ₹ 85 (d) Duty Foregone per electric passenger car: Table 1: Duty foregone & maximum number of e-4W permitted for import +-----------------------------------+----------------+----------------+----------------+ | Particulars | Reference | Scenario-1 (S1)| Scenario-2 (S2)| | | | Duty applicable| Duty applicable| | | | without taking | after taking | | | | benefit of the | benefit of the | | | | Scheme | Scheme | +===================================+================+================+================+ | Assessable value (CIF Value) (in ₹)| A | 29,75,000 | 29,75,000 | +-----------------------------------+----------------+----------------+----------------+ | | B = A x 70% | | | | Basic customs duty | (for S1), | 20,82,500 | 4,46,250 | | | B = A x 15% | | | | | (for S2) | | | +-----------------------------------+----------------+----------------+----------------+ | SWS* | C | 0 | 0 | +-----------------------------------+----------------+----------------+----------------+ | IGST @ 5% | D = (A+B+C)x 5%| 2,52,875 | 1,71,063 | +-----------------------------------+----------------+----------------+----------------+ | Landed Cost | E = sum(A:D) | 53,10,375 | 35,92,313 | +-----------------------------------+----------------+----------------+----------------+ | Duty Foregone per e-4W imported | E (S1) – E (S2)| | 17,18,062 | | under the Scheme (in ₹) | | | | +-----------------------------------+----------------+----------------+----------------+ *Exempted vide Notification No. 11/2018-cus dated 2 February 2018 (e) Maximum number of e-4W allowed for import during the Scheme: ₹ 4,150 crore / ₹ 17,18,062 = 24,155 Nos. Example 2: (a) Committed Investment: ₹ 6,484 crore (b) CIF Value of electric passenger car: USD 35,000 (c) Exchange rate (1 USD): ₹ 85 (d) Duty Foregone per electric passenger car: Table 2: Duty foregone & maximum number of e-4W permitted for import +-----------------------------------+----------------+----------------+----------------+ | Particulars | Reference | Scenario-1 (S1)| Scenario-2 (S2)| | | | Duty applicable| Duty applicable| | | | without taking | after taking | | | | benefit of the | benefit of the | | | | Scheme | Scheme | +===================================+================+================+================+ | Assessable value (CIF Value) (in ₹)| A | 29,75,000 | 29,75,000 | +-----------------------------------+----------------+----------------+----------------+ | | B = A x 70% | | | | Basic customs duty | (for S1), | 20,82,500 | 4,46,250 | | | B = A x 15% | | | | | (for S2) | | | +-----------------------------------+----------------+----------------+----------------+ | SWS* | C | 0 | 0 | +-----------------------------------+----------------+----------------+----------------+ | IGST @ 5% | D = (A+B+C)x 5%| 2,52,875 | 1,71,063 | +-----------------------------------+----------------+----------------+----------------+ | Landed Cost | E = sum(A:D) | 53,10,375 | 35,92,313 | +-----------------------------------+----------------+----------------+----------------+ | Duty Foregone per e-4W imported | E (S1) – E (S2)| | 17,18,062 | | under the Scheme (in ₹) | | | | +-----------------------------------+----------------+----------------+----------------+ *Exempted vide Notification No. 11/2018-cus dated 2 February 2018 (e) Maximum number of e-4W allowed for import during the Scheme: ₹ 6,484 crore / ₹ 17,18,062 = 37,740 Nos. Example 3: (a) Committed Investment: ₹ 4,150 crore (b) CIF Value of electric passenger car: USD 50,000 (c) Exchange rate (1 USD): ₹ 85 (d) Duty Foregone per electric passenger car: Table 3: Duty foregone & maximum number of e-4W permitted for import +-----------------------------------+----------------+----------------+----------------+ | Particulars | Reference | Scenario-1 (S1)| Scenario-2 (S2)| | | | Duty applicable| Duty applicable| | | | without taking | after taking | | | | benefit of the | benefit of the | | | | Scheme | Scheme | +===================================+================+================+================+ | Assessable value (CIF value) (in ₹)| A | 42,50,000 | 42,50,000 | +-----------------------------------+----------------+----------------+----------------+ | | B = A x 100% | | | | Basic customs duty | (for S1), | 42,50,000 | 6,37,500 | | | B = A x 15% | | | | | (for S2) | | | +-----------------------------------+----------------+----------------+----------------+ | | C = B x 10% | | | | SWS | (for S1), | 4,25,000 | 0 | | | C = B x 0* | | | | | (for S2) | | | +-----------------------------------+----------------+----------------+----------------+ | IGST @5% | D = (A+B+C)x 5%| 4,46,250 | 2,44,375 | +-----------------------------------+----------------+----------------+----------------+ | Landed Cost | E = sum(A:D) | 93,71,250 | 51,31,875 | +-----------------------------------+----------------+----------------+----------------+ | Duty Foregone per e-4W imported | E (S1) - E (S2)| | 42,39,375 | | under the Scheme (in ₹) | | | | +-----------------------------------+----------------+----------------+----------------+ *Exempted vide Notification No. 11/2018-cus dated 2 February 2018 (e) Maximum number of e-4W allowed for import during the Scheme: ₹ 4,150 crore / ₹ 42,39,375 = 9,789 Nos. 2.9. Independent Auditor/ Statutory Auditor: An auditor as appointed under Section 139 read with Section 141 of the Companies Act, 2013. In case of joint auditor appointment in the company, any one of such joint Auditors shall be treated as Independent Auditor. 2.10. Total Duty Foregone: It is the cumulative Duty Forgone for import of e-4Ws under the Scheme, which shall be restricted to the lower of the following: a) Committed Investment, or ₹ 6,484 crore 3. Investment 3.1. Investment made and capitalized in the books of accounts of the Approved Applicant on or after Application Approval Date will only be considered under the Scheme. 3.2. Invoice for Investment shall be issued in the name of the Approved Applicant only and no invoice for any expenditure, issued in the name of vendor/supplier(s), Group Company(ies) or related party(ies) or any other third party(ies) would be considered for ascertaining fulfilment of Committed Investment. 3.3. Investment should be made for domestic manufacturing of Eligible Product. In case the Investment under the Scheme is made on brownfield project, a clear physical demarcation with the existing manufacturing facility(ies) should be made. 3.4. The Investment to be made under the Scheme must be confined to the Approved Applicant's plant location only. However, charging infrastructure set up by the Approved Applicant can be located at various locations in India. Further, tools, dies, moulds, jigs & fixtures may be located at supplier's premises. 3.5. Following are the clarifications regarding investment in charging infrastructure and design (ER&D) : 3.5.1. Charging Infrastructure: a) Charging infrastructure established must be compliant with Ministry of Power (MoP) guidelines issued vide No. 12/2/2018-EV dated 17th September 2024 on the subject “Guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure-2024" and as amended from time to time. b) Investment for charging infrastructure under the Scheme would be eligible only to the extent attributable to earth embedded public charging stations made for e-4W having fast charging facility as defined under guidelines issued by Ministry of Power vide No. 12/2/2018-EV dated 17th September 2024 and as amended from time to time. c) Expenditure incurred on charging infrastructure would be considered upto maximum 5% of the Committed Investment. 3.5.2. Engineering Research and Development (ER&D) (In House): a) Expenditure on design shall include expenditure on in-house and captive Engineering Research and Development (ER&D) and product design & development related to the Eligible Product. The term "related" here refers to all stages in the entire value chain of the goods proposed to be manufactured including software integral to the functioning of the same. b) This expenditure shall further include test and measuring instruments, prototypes used for testing, purchase of design tools, software cost (directly used for ER&D) & license fees, expenditure on technology & transfer of technology (ToT) agreements including the purchase of technology, IPR, Patents and copyrights for ER&D, subject to all relevant documents for the same being submitted to Project Management Agency (PMA)/MHI. c) One-time cost of IPRs including know how, patents, copyrights, etc. shall only be considered for determining fulfillment of Committed Investment. It is hereby clarified that any such recurring expenditure by way of royalty, paid by whatever name called, shall not be considered as part of the Committed Investment. d) Sub-contracting is not allowed for ER&D under the Scheme. However, the professional services of technical personnels could be availed for undertaking in-house ER&D which should be capitalized in the financial statements of the Approved Applicant. e) In the case of ER&D, expenditure capitalized in the books of accounts shall only be considered for determining fulfillment of Committed Investment. 3.6. Following is the list of particulars which shall remain excluded from the Investment under the Scheme: a) Land b) Building other than of main plant and utilities c) Royalty d) Recurring expenses on IPRs including patents, know-how, copyrights, trademarks, etc. e) Administrative/ hostel building/ staff quarters f) Interest during construction (IDC), pre-operative and administrative expenses g) Slump sale/ second hand machinery/ refurbished machinery h) Creditable taxes and duties (such as GST) even if not availed in GST returns i) Investments made under other PLI/ Incentive Schemes of Government of India j) Revenue expenses k) Leased Assets 1) Capital work in progress 3.7. For the purpose of determination of reasonableness and verification of Investment of the Approved Applicant, separate SOPs will be issued by MHI/PMA. 4. Eligibility criteria for the Applicant(s) 4.1. The Applicant shall meet the eligibility criteria as defined in para 4.1. of the Scheme and submit bank guarantee as provided in para 4.2. of the Scheme. 4.2. Bank Guarantee (BG): The Bank guarantee to be furnished should fulfil following criteria: a) Bank Guarantee should be an unconditional, irrevocable Bank Guarantee issued from a scheduled commercial bank in India. b) It should be submitted within 30 days from the Application Approval Date, having validity of at least 6 years at the time of submission. c) The Bank Guarantee should be valid at all times during the tenure of the Scheme. The format of Bank Guarantee is as per Annexure-II-A. Further an undertaking in format as per Annexure-II-B is also to be furnished along with the BG. 4.3. Foreign (non-resident) investment in the Approved Applicant shall be in compliance with the FDI Policy 2020 as amended from time to time or the subsequent FDI policy issued thereafter, if any. The Applicant shall submit an Undertaking (format as per Annexure-III) that they are eligible under the said FDI Policy or as amended from time to time. 4.4. Revenue/ investment/ net worth of individual promoters of the Companies/ Group Companies will not be considered under the Global Group Revenue/ Global investment, respectively, for eligibility under the Scheme. 4.5. If the Global Group Revenue and Global investment of the Applicant (including Group Companies) is available in a currency other than Indian National Rupee (*), the Indian currency equivalent amount may be computed by applying an average of the exchange rate notified by the Reserve Bank of India as on the first day and last day of the reporting period. 4.6. Revenue and global investment in gross block of fixed assets of Applicant and Group Companies whose figures have been considered for determining the eligibility are to be furnished on Statutory Auditor Certificate by the Applicant. The format of Statutory Auditor certificate of Global Group Revenue and Global investment for Group Companies is as provided in Annexure-IV. 4.7. The Applicant(s) whose accounts are considered Non-Performing Asset (NPA) as per RBI guidelines or defaulter or willful defaulter as per RBI/CIBIL or SEBI debarred list or reported as fraud by any bank, financial institution or non-banking financial company, would be considered as ineligible. Further, there should not be any insolvency proceedings admitted against the Applicant in the National Company Law Tribunal (NCLT). 4.8. The Group Companies whose financials are being considered for determining eligibility should also not have been declared defaulters. Further, a certificate from Company Secretary of the Applicant confirming that the Applicant and its Group Companies have not been declared as defaulter/ wilful defaulter/ reported as fraud by a bank, financial institution or non-banking financial company/ admitted for insolvency proceedings/ debarred by any securities or financial sector regulator, is to be furnished. The format of the certificate to be provided by Applicant and its Group Companies registered in India is as provided in Annexure-V-A and the format of certificate to be provided by Group Companies registered outside India is as provided in Annexure-V-B. Such certificate needs to be re-submitted annually and on every update in the status of the Applicant or its Group Companies in this regard. 5. Application Procedure 5.1. The Applicant is required to submit the Application Form along with financial & supporting documents. The application along with other supporting documents should be certified by the authorised representative of the Applicant who has been duly authorised by the Board of Directors of the Applicant. The format for obtaining approval of the Board of Directors is at Annexure-VI. 5.2. A non-refundable application fee₹ 5,00,000/- will be payable by the Applicant at the time of filing the Application Form. The details of the bank account for remittance of the application fee and related terms & conditions shall be same as provided in the Application Form. The application fee would be accepted electronically only. 5.3. Applications will be liable for rejection at any stage, if it is found that incorrect information having a bearing on the selection of the Applicant was furnished in the Application. 5.4. Upon successful submission of an application, PMA will issue a unique Application ID to the applicant for all future references pertaining to the Scheme. 5.5. A hard copy of the application along with all annexures is also required to be submitted to MHI on or before the last date of submission. The hard copy shall be submitted to Director, MHI, Room no. 218, Udyog Bhawan, New Delhi – 110001. 5.6. After receiving approval from MHI, the PMA will arrange to issue a letter to the Approved Applicant within 5 working days, communicating approval under the Scheme. 6. Scheme Sanctioning Committee (SSC) 6.1. An inter-ministerial Scheme Sanctioning Committee chaired by Secretary, MHI will be constituted for sanctioning, overall monitoring and implementation of the Scheme as well as to remove any obstacles/ difficulties that may arise in the implementation stage. The Composition of the Committee will be as follows: (a) Secretary, MHI (Chairman) (b) CEO, NITI Aayog (c) Secretary, Department of Revenue (DoR) (d) Secretary, Department of Economic Affairs (DEA) (e) Secretary, Ministry of Commerce & Industry (MoCI) (f) Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) (g) Secretary, Ministry of Road, Transport & Highways (MoRTH) (h) Secretary, Ministry of Power (MOP) (i) Financial Advisor, MHI (j) Director, ARAI (k) Additional/Joint Secretary, MHI (Member Secretary) The Committee may co-opt any other member as and when required. 7. Procedure to avail lower Customs duty benefit 7.1. Under the present Scheme, the Government of India shall, at the outset, provide to the Approved Applicant customs duty waiver to the extent of the Committed Investment or Rs. 6,484 crore, whichever is lower, in the manner set out herein. 7.2. As per Notification No. 19/2024 and 20/2024- Customs dated 15 March 2024, in order to avail duty benefit under the Scheme, the Approved Applicant is required to furnish a certificate from an officer not below the rank of a Joint Secretary to the Government of India in MHI to the effect that, - (i) the importer holds a valid Approval Letter issued by the Ministry of Heavy Industries under the 'Scheme to promote manufacturing of electric passenger cars in India' notified vide S.O. No. 1363 (E) dated 15th March, 2024, by the Ministry of Heavy Industries; (ii) the importer satisfies the conditions of the aforesaid scheme and the quantity of the vehicles being imported is within the limits prescribed in Para. 1.3.5 and para. 1.3.6 of the aforesaid Scheme; and (iii) the importer is eligible for grant of this exemption in respect of the goods being imported. 7.3. For issuance of import certificate by MHI, the Approved Applicant would be required to furnish an annual import application to PMA for number of e-4Ws proposed to be imported in the next 12 months under the Scheme. The said annual import application has to be submitted within 30 days of the Application Approval Date for the first year and subsequently, at least 60 days prior to commencement of each year for which the approval is required. The format of the annual import application to be furnished is as provided in Annexure- VII. The Applicant will have an option to submit a revised annual import application, if required, with proper justification. This option to submit a revised annual import application can be exercised only once during a year. 7.4. After the first year, the Approved Applicant would, along with the annual import application, be required to furnish a certificate duly certified by Chartered Engineer certifying inter-alia the following: a. Investment made till date (purchase orders issued, expenditure incurred and amount capitalized) b. Whether the Investment and construction made is in line with the business/ project plan submitted at the time of application (as per Annexure-VIII) c. Photos of manufacturing facility(ies) taken during site visit d. Details of assets lying at supplier's premises e. Any other document(s) which seems necessary to the Chartered Engineer or as may be specified by MHI/PMA. 7.5. The annual import application and Chartered Engineer certificate submitted by the Approved Applicant would be reviewed by PMA. The PMA may also cross check the information with that available with the Customs authorities in India. PMA would, accordingly, put up its recommendation to MHI for the issuance of the annual import certificate. 7.6. MHI would review the recommendation of the PMA and if satisfied, MHI would issue annual import certificate for the Applicant. 8. Monitoring 8.1. Post issuance of the approval letter, PMA shall monitor the progress of the Approved Applicant(s). 8.2. Periodical review will be done by MHI to monitor progress under the Scheme. 8.3. The Applicant would be required to maintain and produce all original documents including original invoices, bills of entry (for imported items), bank account statements, etc. for the purpose of verification by MHI/PMA or any other agency authorised by MHI/PMA. 8.4. The MHI/PMA either on its own or through a certified third party shall have the right to carry out physical inspection of an Applicant's manufacturing unit(s) and office(s) through site visits for the purpose of verification and preparation of verification report. 8.5. In case of any doubt with respect to determining eligibility and benefit due, or any other matter in discharge of its duties and responsibilities, the PMA may refer such matter to MHI for clarification. 8.6. If the PMA or MHI is satisfied that eligibility under the Scheme and / or benefits availed under the Scheme have been obtained by misrepresentation of facts or falsification of information, MHI will ask the Approved Applicant to refund any benefit obtained under the Scheme along with interest calculated at 3 years' SBI Marginal cost of funds-based lending rate (MCLR) prevailing on the dates of availing benefits, compounded annually, after giving an opportunity to the applicant of being heard. This will be in addition to MHI's right to take any other action as deemed fit. 8.7. Any change / deviation in the location of a project / unit shall be allowed after obtaining approval from MHI. For the aforesaid purpose, the Applicant would submit the revised project plan along with the reason for change of location which PMA would verify and if satisfied with the genuineness of the change, would forward the application along with their recommendation to MHI for approval. The decision made by MHI in this regard would be final. 8.8. The Approved Applicant would also be required to submit quarterly review report (QRR) to the PMA within 30 days from the end of each quarter on the progress being made in setting up manufacturing facilities in India during the scheme duration. The format of QRR is as provided in Annexure-IX. 8.9. Consent for audit/ verification of manufacturing sites, financial statements, import records and any other data related with the company's operations under the Scheme is to be provided in format as per Annexure-X. 9. Commencement of Operations and Minimum Revenue Criteria 9.1. The Date of Commencement of Operations shall be within 3 years from Application Approval Date. 9.2. Minimum Revenue Criteria: Minimum Revenue from sale of Eligible Product commencing from beginning of fourth year from the Application Approval Date shall be as follows: +-----------------------------------+----------------+----------------+ | Particulars | Year 4 (Y4) | Year 5 (Y5) | +===================================+================+================+ | Minimum Revenue from sale of | 5,000 crore | 7,500 crore | | Eligible Product | | | +-----------------------------------+----------------+----------------+ 9.3. If the Approved Applicant fails to meet the Minimum Revenue Criteria as defined in para 9.2. above, the Approved Applicant would be liable to pay penalty as outlined below within 30 days from the issuance of penalty demand notice by MHI/ PMA at the end of year 4 (Y4) and/ or year 5 (Y5) from the Application Approval Date: +-------+------------------------------------------------+-------------------------------------+ | S. No.| Actual revenue from sale of Eligible | Penalty | | | Product as % of Minimum Revenue | | | | Criteria for Y4 and Y5 | | +=======+================================================+=====================================+ | 1 | Equal to or more than 95% | Nil | +-------+------------------------------------------------+-------------------------------------+ | 2 | Equal to or more than 50% and less than 95% | 1% of shortfall of Minimum Revenue | +-------+------------------------------------------------+-------------------------------------+ | 3 | Equal to or more than 25% and less than 50% | 2% of shortfall of Minimum Revenue | +-------+------------------------------------------------+-------------------------------------+ | 4 | Less than 25% | 3% of shortfall of Minimum Revenue | +-------+------------------------------------------------+-------------------------------------+ In case the Applicant fails to pay the aforesaid Penalty to MHI within the permitted time period, then MHI shall have the right to take suitable action as deemed fit. 10. DVA Certification & Role of Testing Agency(ies) 10.1. To assess the DVA of the Eligible Product as required under the Scheme, the Standard Operating Procedure (SOP) issued under Production Linked Incentive (PLI) Scheme for Automobile and Auto Component (PLI Auto Scheme) would be followed. 10.2. Certification of DVA of Eligible Product manufactured in India by the Approved Applicant would be done by testing agency(ies) of MHI. 10.3. Further, Techno-Commercial Audit (TCA) and Periodic Surveillance Audit (PSA) of DVA certified products would also be required in accordance with SOP for certification of DVA issued for PLI Auto Scheme. 10.4. The Approved Applicant would also be required to comply with the Central Motor Vehicles Rules, 1989 and all other regulations and guidelines applicable for motor vehicles for import of e-4W in India. 11. Powers of MHI to frame Guidelines/ Procedure 11.1. MHI shall have the powers to frame/ lay down the guidelines/ procedure or alter/ amend/add/delete any terms & conditions, etc. under this Scheme/ guidelines. 11.2. MHI/ PMA shall have the powers to call for any information/data/ records, etc. in connection with this Scheme or inspect such records/ information (manual or electronic) as it may deem necessary. 11.3. Approved Applicant should maintain all the relevant data/ documents/records for a time period specified under statutory provisions such as Income Tax Act 1961/ CGST Act/ General Financial Rules (GFR)/ Gol instructions/ tenure of this Scheme, whichever is higher. Applicants should refer to the aforesaid Acts/provisions, especially GFR for maintenance/ retention of documents. 11.4. MHI/ PMA shall have powers to depute its representative(s) to visit the premises/office/works/factory/ workplace, etc. for the purpose of inspection and verification and may pass such order or issue directions in relation thereto as it may deem fit. In case it is required to visit any unit(s) of Applicant's supplier(s), then the Applicant shall facilitate the same. 11.5. All operational issues in the implementation of the Scheme and guidelines shall be resolved by MHI and its decision will be final in all respects. 12. Resolution of Disputes 12.1. Any dispute under this Scheme shall be resolved by mutual discussion and reconciliation. In case of difference of opinion, decision of Additional/Joint Secretary, MHI shall be final. 12.2. The jurisdiction in respect of any disputes that may arise under this Scheme shall lie at the Courts/Tribunals in New Delhi, India only. 13. Violation of the Scheme or the Guidelines Any violation committed by the Approved Applicant to any of the conditions of the Scheme or the Scheme Guidelines, or any other directions issued by MHI/PMA from time to time, shall result in automatic invocation of the bank guarantee by MHI/PMA. 14. Integrity Pact 14.1. To obviate any malpractices in financial matters, it has been decided to provide deterrent against the corrupt practices for promotion of transparency and equity. Therefore, keeping in view the sensitivities involved in the process and taking cue from the instructions of the Central Vigilance Commission regarding adoption of an Integrity Pact in the matter of procurement, it has been decided that Applicants shall furnish undertaking w.r.t. Integrity Compliance duly signed by its authorised signatory, as will be issued along with the Application Form. The undertaking shall be provided by all the Applicants. The applications of those Applicants who do not submit the undertaking shall not be processed and considered. 14.2. The Integrity Pact would be required to be submitted by the Applicant(s) at the time of submission of application and thereafter along with each annual import application. The format of Integrity Pact Undertaking to be furnished is as provided in Annexure-XI. 15. Miscellaneous The Scheme notification and its guidelines can be reviewed and revised by the competent authority in MHI. Further, clarifications via Notifications/FAQs/guidelines/circulars/SOPs in this regard can be issued by PMA/ MHI to resolve any ambiguity/ concerns in relation to the Scheme. [F. No. 1(2)/2024- ΑΕΙ (28128)] Dr. HANIF QURESHI, Addl. Secy. Annexure-I: Format of Application Form 1. Applicant Details 1.1 Applicant Details: +--------------------------+-----------------+---------------+-------+-----------+----------+----------+--------+ | *Name of the | *Date of | *Corporate | *PAN | *Type of | *Importer| *Listed/ | *Web | | Applicant / | Incorporation | Identification| | Legal | Exporter | Unlisted | site | | Company | (DD/MM/YYYY) | Number (CIN) | | Entity | Code (IEC)| | | +==========================+=================+===============+=======+===========+==========+==========+========+ | <Auto populated from | <Auto populated | <Auto | | Public | | <Dropd | | | registration form> | from | populated | | Limited | | own> | | | | registration | from | | Company | | | | | | form> | registration | | / | | | | | | | form> | | Private | | | | | | | | | Limited | | | | | | | | | Company | | | | +--------------------------+-----------------+---------------+-------+-----------+----------+----------+--------+ Copy of certificate of incorporation, PAN card & IEC certificate to be uploaded in Document Uploads section +--------------------------+--------------------------+-------------+----------+----------+---------------------+ | *Registered Office | *Registered Office | *City/ | *State/UT| *Pin code| *GSTIN of | | Address-Line 1 | Address-Line 2 | District | | | Registered | | | | | | | office | +==========================+==========================+=============+==========+==========+=====================+ | <Auto populated from | <Auto populated | <Auto | <Auto | <Auto | <Auto populated | | registration form> | from registration | populated | populated| populated| from registration | | | form> | from | from | from | | | | | registration| registrat| registrat| | | | | | ion | ion | | +--------------------------+--------------------------+-------------+----------+----------+---------------------+ Copy of GST certificate to be uploaded in Document Uploads section 1.2. Key Promoters (not less than 51% equity shareholding) of the Applicant: +-------+----------+-------------------+----------------+---------+---------+---------------+--------------------+ | S. No.| *Name | *Nationality | *Mobile | *Email | *Address| *Date of | *No. of | | | | (Country) | number | | | birth/ | equity shares | | | | | | | | incorporation | held | | | | | | | | (DD/MM/YYYY) | | +=======+==========+===================+================+=========+=========+===============+====================+ | | | | | | | | | +-------+----------+-------------------+----------------+---------+---------+---------------+--------------------+ | | | | | | | | | +-------+----------+-------------------+----------------+---------+---------+---------------+--------------------+ | | | | | | | | | +-------+----------+-------------------+----------------+---------+---------+---------------+--------------------+ | | | | | | | | | +-------+----------+-------------------+----------------+---------+---------+---------------+--------------------+ | | | | | | | | | +-------+----------+-------------------+----------------+---------+---------+---------------+--------------------+ | Total | | | | | | | | +-------+----------+-------------------+----------------+---------+---------+---------------+--------------------+ Latest Company Secretary (CS) certified shareholding pattern to be uploaded in Document Uploads section 1.3. Board of Directors of the Applicant: +-------+----------+--------------+-------+---------+----------------+----------+---------------+ | S. No.| *Name | *Designation | *DIN | *Email | *Mobile number | *Address | *Date of birth| +=======+==========+==============+=======+=========+----------------+----------+---------------+ | | | | | | | | | +-------+----------+--------------+-------+---------+----------------+----------+---------------+ | | | | | | | | | +-------+----------+--------------+-------+---------+----------------+----------+---------------+ | | | | | | | | | +-------+----------+--------------+-------+---------+----------------+----------+---------------+ Profile of Directors to be uploaded in Document Uploads section 1.4. Key Managerial Personnel (KMPs) [MD, CFO, CS] of the Applicant: +-------+----------+--------------+-------+---------+----------------+----------+ | S. No.| *Name | *Designation | *Email| *Mobile number | *Address | +=======+==========+==============+=======+----------------+----------+ | | | | | | | +-------+----------+--------------+-------+----------------+----------+ | | | | | | | +-------+----------+--------------+-------+----------------+----------+ Board resolution/Appointment letters to be uploaded in Document Uploads section 1.5. Authorized Person of the Applicant: Primary Authorised signatory +-------+----------+--------------+---------------------------+-------+---------+----------------+----------+ | S.No. | * Name | *Designation | *Passport/ Driving License| *PAN | *Email | *Mobile | *Address | | | | | number | | | number | | +=======+==========+==============+===========================+=======+=========+================+----------+ | <Auto | <Auto | <Auto | | <Auto | <Auto | <Auto | | | populated| populated| populated | | populated| populated| populated | | | from | from | from | | from | from | from | | | registration| registrat| registrat| | registrat| registrat| registrat | | | form> | ion form>| ion form> | | ion form>| ion form>| ion form> | | +-------+----------+--------------+---------------------------+-------+---------+----------------+----------+ Additional Authorised signatory +-------+----------+--------------+---------------------------+-------+---------+----------------+----------+ | S.No. | *Name | *Designation | *Passport/ Driving License| *PAN | *Email | *Mobile | *Address | | | | | number | | | number | | +=======+==========+==============+===========================+=======+=========+================+----------+ | | | | | | | | | +-------+----------+--------------+---------------------------+-------+---------+----------------+----------+ Copy of Authorisation letter to be uploaded in Document Uploads section Copy of self-attested Passport/ Driving license and PAN card to be uploaded in Document Uploads section 1.6. Independent / Statutory auditor details (as on date of Application): +----------------------+----------+-------------------------+-------------------+ | *Name of the | *Address | *Membership/FRN number | *Date of | | CA/CA firm | | | appointment | +======================+==========+=========================+===================+ | | | | | +----------------------+----------+-------------------------+-------------------+ | | | | | +----------------------+----------+-------------------------+-------------------+ 2 Details of company(ies) applying under the Scheme 2.1 Details of Group Company(ies) whose credentials have been used for qualifying the eligibility criteria under the Scheme: +-------+------------+-----------------+-------------------+-------------------+-------------------+---------------------+ | S. No.| *Company | *Registered | *Registration | *Date of | *Country of | *Relation with | | | name | Address | number/CIN | Incorporation | incorporation | the Applicant | +=======+============+=================+===================+===================+===================+=====================+ | | | | | | | | +-------+------------+-----------------+-------------------+-------------------+-------------------+---------------------+ | | | | | | | | +-------+------------+-----------------+-------------------+-------------------+-------------------+---------------------+ | | | | | | | | +-------+------------+-----------------+-------------------+-------------------+-------------------+---------------------+ | | | | | | | | +-------+------------+-----------------+-------------------+-------------------+-------------------+---------------------+ | | | | | | | | +-------+------------+-----------------+-------------------+-------------------+-------------------+---------------------+ | | | | | | | | +-------+------------+-----------------+-------------------+-------------------+-------------------+---------------------+ Certificate of Incorporation to be uploaded in Document Uploads section 2.2 Solvency/Debarred/Defaulter/Credit rating declaration for Applicant and its Group Companies: +-------+------------+-----------------+-----------------------+----------------+-------------------+-------------------+-------------------+------------------------+ | S1.No.| *Company | *Is in RBI | *Is admitted for | *Is in | *Is in | *Is | *External | *Name of Rating | | | name | Defaulter list? | Insolvency/ | Wilful | Debarred list of | blacklisted by | Credit Rating | agency | | | | | Bankruptcy | Default | securities/ | Government | | | | | | | proceedings? | er list? | financial sector | organization / | | | | | | | | | regulator? | body / Authority | | | | | | | | | | in India or | | | | | | | | | | globally | | | +=======+============+=================+=======================+================+===================+===================+===================+========================+ | | | <Dropdown> | <Dropdown> | <Dropdown> | <Dropdown> | <Dropdown> | <Dropdown> | | +-------+------------+-----------------+-----------------------+----------------+-------------------+-------------------+-------------------+------------------------+ | | | | | | | | | | +-------+------------+-----------------+-----------------------+----------------+-------------------+-------------------+-------------------+------------------------+ | | | | | | | | | | +-------+------------+-----------------+-----------------------+----------------+-------------------+-------------------+-------------------+------------------------+ | | | | | | | | | | +-------+------------+-----------------+-----------------------+----------------+-------------------+-------------------+-------------------+------------------------+ | | | | | | | | | | +-------+------------+-----------------+-----------------------+----------------+-------------------+-------------------+-------------------+------------------------+ | | | | | | | | | | +-------+------------+-----------------+-----------------------+----------------+-------------------+-------------------+-------------------+------------------------+ Certificate from Company Secretary for Applicant (including its Group Companies) for not being Defaulter/ Bankrupt/ Blacklisted to be uploaded in Document Uploads section CIBIL reports of all companies (not older than 3 months from the date of the submitting the Application) (certified by Company Secretary) to be uploaded in Document Uploads section Rating Rationale to be uploaded in Document Uploads section 2.3 Nature of current business of Applicant and Group Company(ies): +-------+-------------+--------------------------+ | S. No.| *Company | *Nature of Current | | | name | Business | +=======+=============+==========================+ | | | | +-------+-------------+--------------------------+ | | | | +-------+-------------+--------------------------+ | | | | +-------+-------------+--------------------------+ | | | | +-------+-------------+--------------------------+ | | | | +-------+-------------+--------------------------+ Business profile/corporate presentation to be uploaded in Document Uploads section 2.4 Current manufacturing facilities in India of Applicant &its Group Company(ies): +-------+------------+----------+----------+-----------------------------------+----------------------------------+ | S. No.| *Company | *Address | *GSTIN | *Installed production capacity | *Installed production capacity | | | name | | | per annum (in number of units | per annum (in number of e-4W) | | | | | | of ICE cars) | | +=======+============+==========+==========+-----------------------------------+----------------------------------+ | | | | | | | +-------+------------+----------+----------+-----------------------------------+----------------------------------+ | | | | | | | +-------+------------+----------+----------+-----------------------------------+----------------------------------+ | | | | | | | +-------+------------+----------+----------+-----------------------------------+----------------------------------+ | | | | | | | +-------+------------+----------+----------+-----------------------------------+----------------------------------+ 3. Eligibility details 3.1 Eligibility criteria under the Scheme (Global Group Revenue and Global Investment in gross block of Fixed Assets): +-------+------------+--------------------+-------------------------------------+-------------------------------------+ | S. No.| *Company | *Period of | *Revenue from automotive | *Gross block of fixed assets, based | | | name | latest audited | manufacturing based on the latest | on the latest audited annual | | | | Financial | audited financial statements at the | financial statements at the time of | | | | Statements | time of Application (in INR Crore) | application (in INR Crore) | +=======+============+====================+-------------------------------------+-------------------------------------+ | <Auto | | | | | | populated| | | | | | from 1.1 | | | | | | and 2.1> | | | | | +-------+------------+--------------------+-------------------------------------+-------------------------------------+ | | | | | | +-------+------------+--------------------+-------------------------------------+-------------------------------------+ | | | | | | +-------+------------+--------------------+-------------------------------------+-------------------------------------+ | | | | | | +-------+------------+--------------------+-------------------------------------+-------------------------------------+ | | | | | | +-------+------------+--------------------+-------------------------------------+-------------------------------------+ | Total | | | - | - | +-------+------------+--------------------+-------------------------------------+-------------------------------------+ Latest Annual Report/Audited Financial Statements of the Applicant and Group Company(ies) to be uploaded in Document Uploads section Certificate from Independent/ Statutory Auditor certifying Global Group Revenue and Global Investment to be uploaded in Document Uploads section 4. Details of E-4W permitted for import 4.1 Indicative list of models of E-4W permitted for import under the Scheme: +-------+----------+----------+-------------------+-------------------+-------------------+-------------------+-----+-----+-----+-----+-----+-------+ | S. No.| *Model | *OEM | *Whether OEM | *Reason of | *Country of | *Tentative | Y1 | Y2 | Y3 | Y4 | Y5 | Total | | | Name | Name | is Group | considering it a | OEM'S | range of CIF | | | | | | | | | | | Company? | "Group Company" | registration | value (in | | | | | | | | | | | | | | USD) | | | | | | | +=======+==========+==========+===================+===================+===================+===================+=====+=====+=====+=====+=====+=======+ | | | | <dropdown> | <dropdown> | | | | | | | | | +-------+----------+----------+-------------------+-------------------+-------------------+-------------------+-----+-----+-----+-----+-----+-------+ | | | | | | | | | | | | | | +-------+----------+----------+-------------------+-------------------+-------------------+-------------------+-----+-----+-----+-----+-----+-------+ | | | | | | | | | | | | | | +-------+----------+----------+-------------------+-------------------+-------------------+-------------------+-----+-----+-----+-----+-----+-------+ | | | | | | | | | | | | | | +-------+----------+----------+-------------------+-------------------+-------------------+-------------------+-----+-----+-----+-----+-----+-------+ | | | | | | | | | | | | | | +-------+----------+----------+-------------------+-------------------+-------------------+-------------------+-----+-----+-----+-----+-----+-------+ | Total | | | | | | | - | - | - | - | - | | +-------+----------+----------+-------------------+-------------------+-------------------+-------------------+-----+-----+-----+-----+-----+-------+ 4.2 Benefit of Duty Foregone proposed to be availed under this Scheme: +-------+----------+----------+---------------------------+-----+-----+-----+-----+-----+-------+ | S. No.| *Model | *OEM | *Tentative range of | Y1 | Y2 | Y3 | Y4 | Y5 | Total | | | Name | Name | CIF value (in USD) | | | | | | | +=======+==========+==========+===========================+=====+=====+=====+=====+=====+=======+ | | | | | | | | | | | +-------+----------+----------+---------------------------+-----+-----+-----+-----+-----+-------+ | | | | | | | | | | | +-------+----------+----------+---------------------------+-----+-----+-----+-----+-----+-------+ | | | | | | | | | | | +-------+----------+----------+---------------------------+-----+-----+-----+-----+-----+-------+ | | | | | | | | | | | +-------+----------+----------+---------------------------+-----+-----+-----+-----+-----+-------+ | | | | | | | | | | | +-------+----------+----------+---------------------------+-----+-----+-----+-----+-----+-------+ | Total | | | | | | | | | | +-------+----------+----------+---------------------------+-----+-----+-----+-----+-----+-------+ 5. Project details 5.1 Proposed manufacturing facilities for Eligible Product under the Scheme: +-------+----------+--------------+----------+--------------+----------+----------+-----------------+-----------------+ | S. No | *Address | *City/Distri | *State/UT| *Pin code | *GSTIN | *GST | <Upload> | Whether new | | | | ct | | | obtained?| TIN | | facility/ | | | | | | | | | | brownfield | | | | | | | | | | (expansion) | | | | | | | | | | project? | +=======+==========+==============+==========+==============+==========+==========+=================+=================+ | | | | | | <dropdown>| | | <dropdown> | +-------+----------+--------------+----------+--------------+----------+----------+-----------------+-----------------+ | | | | | | | | | | +-------+----------+--------------+----------+--------------+----------+----------+-----------------+-----------------+ | | | | | | | | | | +-------+----------+--------------+----------+--------------+----------+----------+-----------------+-----------------+ | | | | | | | | | | +-------+----------+--------------+----------+--------------+----------+----------+-----------------+-----------------+ | | | | | | | | | | +-------+----------+--------------+----------+--------------+----------+----------+-----------------+-----------------+ Business/Project Plan to be uploaded in Document Uploads section GST Registration Certificates (RCs) to be uploaded here 5.2 Committed Investment to be made under the Scheme (in INR Crore)*: 5.3 Indicative breakup of Investment to be made under the Scheme (in INR Crore): +---------------------------------------------+-----+-----+-----+-----+-----+ | Particulars* | Y1 | Y2 | Y3 | Y4 | Y5 | +=============================================+=====+=====+=====+=====+=====+ | Building (of main plant and utilities) | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Plant, Machinery & Equipment | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Tools, Dies, Moulds, Jigs, Fixtures at | | | | | | | suppliers' premises | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Charging Infrastructure | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Associated Utilities | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Engineering Research & Development | | | | | | | (In House) | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Total | - | - | - | - | - | +---------------------------------------------+-----+-----+-----+-----+-----+ | Cumulative Investment | | | INR | | | | | | | 4,150| | | | | | | cr | | | | | | | (minimum)| | | +---------------------------------------------+-----+-----+-----+-----+-----+ 5.4 Indicative list of models of Eligible Product under the Scheme: +-------+-------------+---------------------+-------------------------+-----------------------+ | S. No.| *Model name | *Range* (in km) | Battery capacity (in | Ex-factory price | | | | | kWh) | (Rs.) | +=======+=============+=====================+=========================+=======================+ | | | | | | +-------+-------------+---------------------+-------------------------+-----------------------+ | | | | | | +-------+-------------+---------------------+-------------------------+-----------------------+ | | | | | | +-------+-------------+---------------------+-------------------------+-----------------------+ 5.5 Projected sales of Eligible Product(s) under the Scheme: +---------------------------------------------+-----+-----+-----+-----+-----+ | Particulars | Y1 | Y2 | Y3 | Y4 | Y5 | +=============================================+=====+=====+=====+=====+=====+ | Model name < Model 1 > | <Auto| <Auto| <Auto| <Auto| <Auto| | | populated| populated| populated| populated| populated| | | from| from| from| from| from| | | 5.4>| 5.4>| 5.4>| 5.4>| 5.4>| +---------------------------------------------+-----+-----+-----+-----+-----+ | Manufacturing capacity per | | | | | | | annum (in units) | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Tentative sales per annum | | | | | | | (in number of units of e-4W) | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Tentative average selling | | | | | | | price (in INR/unit) | | | | | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Tentative Revenue per | <Auto| <Auto| <Auto| | | | annum (in INR) | calculated>| calculated>| calculated>| | | +---------------------------------------------+-----+-----+-----+-----+-----+ | Model name < Model 2 > | <Auto| <Auto| <Auto| <Auto| <Auto| | | populated| populated| populated| populated| populated| | | from| from| from| from| from| | | 5.4>| 5.4>| 5.4>| 5.4>| 5.4>| +---------------------------------------------+-----+-----+-----+-----+-----+ | Model name < Model 3 > | <Auto| <Auto| <Auto| <Auto| <Auto| | | populated| populated| populated| populated| populated| | | from| from| from| from| from| | | 5.4>| 5.4>| 5.4>| 5.4>| 5.4>| +---------------------------------------------+-----+-----+-----+-----+-----+ | Grand Total Revenue per | | | | <minimum| <minimum| | annum | | | | Rs.5,000| Rs.7,500| | | | | | crore>| crore>| +---------------------------------------------+-----+-----+-----+-----+-----+ 5.6 Proposed Domestic Value Addition (DVA)% by the end of each year: +-------+-----+-----+-------------------+-----------------+-----------------+ | | Y1 | Y2 | Years | Y4 | Y5 | | | | | Y3 | | | +=======+=====+=====+===================+=================+=================+ | DVA% | | | <minimum 25%> | | <minimum 50%> | +-------+-----+-----+-------------------+-----------------+-----------------+ 5.7 Expected cumulative employment generation in India during the tenure of the Scheme: +---------------------------+-----+-----+-----+-----+-----+ | Particulars | Y1 | Y2 | Y3 | Y4 | Y5 | +===========================+=====+=====+=====+=====+=====+ | On-roll labour/ employees | | | | | | +---------------------------+-----+-----+-----+-----+-----+ | Contractual/ outsourced | | | | | | | employees | | | | | | +---------------------------+-----+-----+-----+-----+-----+ | Apprentices | | | | | | +---------------------------+-----+-----+-----+-----+-----+ | Total | - | - | - | - | - | +---------------------------+-----+-----+-----+-----+-----+ 6. Application Fee 6.1 Application fee is to be transferred to the following Bank account: +-------------------+------------+-----------------+-------------+-------------------+-----------------+----------------+ | Account name | Account no.| Name of the | Branch Code | Branch IFSC | Branch Name | Branch | | | | Bank | | Code | | Address | +===================+============+=================+=============+===================+=================+================+ | <auto populated> | <auto | <auto | <auto | <auto | <auto | <auto | | | populated> | populated> | populated> | populated> | populated> | populated> | +-------------------+------------+-----------------+-------------+-------------------+-----------------+----------------+ 6.2 Application fee (Non-refundable) payment details: +---------------------------+-------------------------+--------------+----------------+ | *Payment date | *Unique reference no. | *Bank name | *Amount (in | | (DD/MM/YYYY) | | | INR) | +===========================+=========================+==============+================+ | | | | | +---------------------------+-------------------------+--------------+----------------+ Application fee payment proof to be uploaded in Document Uploads section 7. Documents Uploads 7.1 Document Uploads (all documents to be attested): +-----+---------------------------------------------------------------------------------+ | 1. | Certificate of Incorporation (CoI) of the Applicant | +-----+---------------------------------------------------------------------------------+ | 2. | Permanent Account Number (PAN) card of the Applicant | +-----+---------------------------------------------------------------------------------+ | 3. | IEC Certificate of the Applicant | +-----+---------------------------------------------------------------------------------+ | 4. | GST Certificate of the Applicant | +-----+---------------------------------------------------------------------------------+ | 5. | Memorandum of Association (MOA) | +-----+---------------------------------------------------------------------------------+ | 6. | Articles of Association (AOA) | +-----+---------------------------------------------------------------------------------+ | 7. | Latest Company Secretary (CS) certified shareholding pattern | +-----+---------------------------------------------------------------------------------+ | 8. | Profile of directors | +-----+---------------------------------------------------------------------------------+ | 9. | Board Resolution/Appointment letters for all the KMPs of the Applicant | +-----+---------------------------------------------------------------------------------+ | 10. | Authorisation letter for primary authorised signatory | +-----+---------------------------------------------------------------------------------+ | 11. | Passport/ Driving Licence of primary authorised signatory | +-----+---------------------------------------------------------------------------------+ | 12. | PAN card of primary authorised signatory | +-----+---------------------------------------------------------------------------------+ | 13. | Authorisation letter for additional authorised signatory | +-----+---------------------------------------------------------------------------------+ | 14. | Passport/ Driving Licence card of additional authorised signatory | +-----+---------------------------------------------------------------------------------+ | 15. | PAN card of additional authorised signatory | +-----+---------------------------------------------------------------------------------+ | 16. | Certificate of Incorporation of Group Company(ies) | +-----+---------------------------------------------------------------------------------+ | 17. | Certificate from Company Secretary for Applicant (including its Group Companies)| | | for not being Defaulter/ Bankrupt/ Blacklisted | +-----+---------------------------------------------------------------------------------+ | 18. | CIBIL/ Credit Information report of the Applicant and its Group Companies | +-----+---------------------------------------------------------------------------------+ | 19. | Rating Report (with Rating Rationale) for Applicant and its Group Companies | +-----+---------------------------------------------------------------------------------+ | 20. | Business profile/corporate presentation of the Applicant and Group Company(ies) | +-----+---------------------------------------------------------------------------------+ | 21. | Independent/ Statutory Auditor certified Global Group Revenue and gross block | | | of Fixed Assets with respect to automobile manufacturing | +-----+---------------------------------------------------------------------------------+ | 22. | Latest annual report/Audited financial statements of the Applicant and Group | | | Company(ies) | +-----+---------------------------------------------------------------------------------+ | 23. | Business/Project Plan for setting up the manufacturing facilities of Eligible | | | Product in India | +-----+---------------------------------------------------------------------------------+ | 24. | GST Registration Certificate(s), if obtained, for proposed locations where | | | Committed Investment is to be made | +-----+---------------------------------------------------------------------------------+ | 25. | Application fee payment proof | +-----+---------------------------------------------------------------------------------+ | 26. | Undertaking with respect to Integrity Compliance | +-----+---------------------------------------------------------------------------------+ | 27. | Consent for audit/ verification of manufacturing sites, financial statements, | | | import records and any other data related with the company's operations under | | | the Scheme | +-----+---------------------------------------------------------------------------------+ 8.1 Declaration: The data, documents, declaration and any other information submitted in this application form is based on the latest information available with me and is true and correct to the best of my knowledge and belief. I have read and understood the provisions of the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) as notified vide S.O. No. 1363(E) dated 15/03/2024, notifications nos. 19/2024-Customs & 20/2024-Customs dated 15th March 2024 of Department of Revenue and relevant guidelines thereto and have submitted all information, data, documents and declaration in accordance with the same. Any decision taken by Ministry of Heavy Industries (MHI) with respect to acceptance of this application, eligibility under the Scheme, and any other related matter will be final and binding on the Applicant company. I understand the terms & conditions Authorised Signatory Date: Designation Annexure-II- Bank Guarantee Deed (From any scheduled commercial bank) FORMAT This Deed of Guarantee executed on this day of (month), (year) at by (from any scheduled commercial bank in India), having its Head Office / Registered Office at and inter-alia a Branch Office at (hereinafter referred to as the Bank or 'the Guarantor', which expression shall unless it be repugnant to the subject or context hereof be deemed to include its successors and assigns). In favour of Ministry of Heavy Industries, Government of India, Udyog Bhawan, Rafi Marg, New Delhi-110011 (hereinafter referred as 'MHI' which expression shall unless it be repugnant to the subject or context hereof be deemed to include its successors and assigns) represented by IFCI Limited, having its registered office at IFCI Tower, 61 Nehru Place, New Delhi – 110019, acting as the Project Management Agency (‘PMA') for Scheme to Promote Manufacturing of Electric Passenger Cars in India (‘SPMEPCI' or 'the Scheme'). WHEREAS A. [................……………………….], a Company within the meaning of the Companies Act, 2013 and having its Registered Office at [----------------] (herein after referred to as 'the Approved Applicant' which expression unless repugnant to the subject or context includes its successors, Legal representatives and permitted assigns) and has been awarded approval under the above scheme vide letter number dated ('Approval Letter'). B. In terms of the undertaking dated (refer undertaking to be provided in format as per Annexure-II-B) and para 4.2.2 and 4.2.3. of the Scheme Notification S.O. No. 1363, the Applicant has to provide a Bank Guarantee for an amount equivalent to ₹ 4,150 crore (Rupees Four thousand one hundred and fifty crore), or the proposed Duty Foregone i.e.₹ (in words .....), whichever is greater within 30 days from the date of issuance of letter of approval by MHI, valid for at least 6 years at the time of submission. C. At the request of the Approved Applicant, the Guarantor has agreed to provide this guarantee, being these presents, guaranteeing the due and punctual performance/ discharge by the Approved Applicant of its obligations. NOW THEREFORE THIS DEED WITNESSETH AS FOLLOWS: I. The Guarantor hereby unconditionally and irrevocably guarantees the due and compliance of terms by the Approved Applicant of all its obligation under the said undertaking and Approval Letter, as amended from time to time. II. The Guarantor shall, without demur, pay to MHI/PMA sums not exceeding in aggregate ₹ (Rupees -----) within five (5) bank working days (as per the Reserve Bank of India) on receipt of a written demand thereof from MHI/ PMA stating that the Approved Applicant has failed to meet its obligations under the said undertaking. The Guarantor shall not have to go into the veracity of any breach or failure on the part of the Approved Applicant or validity of the demand so made by MHI/ PMA and shall pay the amount specified in the demand notwithstanding any direction to the contrary given or any dispute whatsoever raised by the Approved Applicant or any other person. The Guarantor's obligations hereunder shall subsist until all such demands are duly met and discharged in accordance with the provisions hereof; III. The Guarantor agrees that its liability under this guarantee shall in no manner be affected by any such variation, alteration, modification, waiver dispensation and that no further consent of the Guarantor is required for giving effect to any such variation, alteration, modification, waiver dispensation with or release of security; IV. This Guarantee shall be unconditional and irrevocable; and shall remain in full force and effect till (Bank Guarantee Period) (date cannot be lesser than 6 years from the date of submission to MHI/ PMA). The claim period for MHI to invoke the present Guarantee shall remain for another period of 1 year from the expiry of the Bank Guarantee Period i.e. till (Claim Period). The Guarantor is liable to pay the guaranteed amount (under this Guarantee) to MHI/PMA upon receiving a written claim or demand from MHI/PMA until the Claim Period; V. Until and unless discharged/ released earlier by MHI / PMA in accordance with the provisions of the said undertaking, the Guarantor's liability in aggregate shall be limited to a sum of (Rupees ----------); VI. This Guarantee shall not be affected by any change in the constitution or winding up of the Approved Applicant/ Guarantor or and absorption, merger or amalgamation of the Approved Applicant/ Guarantor with any other person; VII. The Guarantor has power to issue this Guarantee and discharge the obligations contemplated herein, and the undersigned is duly authorized to execute this Guarantee pursuant to the power granted under; VIII. It shall not be necessary for MHI/PMA to proceed against the Approved Applicant/ Guarantor before presenting its demand under this Guarantee; IX. Any demand made by MHI/PMA under the present Guarantee shall be conclusive, binding, absolute and unequivocal, notwithstanding any objection or dispute being raised by the Approved Applicant or Guarantor or any other person. The Guarantor shall honour the written demand of MHI/PMA for invoking bank guarantee forthwith. The written demand for invoking the present Guarantee can be made by MHI/PMA to the Guarantor in any format; X. This Guarantee is in addition to and not in substitution of any other guarantee or security now or which may hereafter be held by MHI/PMA in respect of or relating to the Scheme or for the fulfilment, compliance and/or performance of all or any of the obligations of the Approved Applicant under the Scheme; All future correspondence with reference to this Guarantee shall be made to. Address). (Bank Name and The jurisdiction in relation to this Guarantee shall be the Courts at New Delhi and Indian Law shall be applicable. IN WITNESS WHEREOF THE GUARANTOR HAS SET ITS HANDS HEREUNTO MONTH AND YEAR FIRST HEREINABOVE WRITTEN ON THE: DAY, Signed And Delivered by- its--- --Bank by the hand of-------- -and authorized official. Annexure-: Undertaking For Providing Bank Guarantee (From Applicant on its letterhead) 1. We, ('the Approved Applicant') having CIN No..…………………………… PAN No. و.. and registered office at hereby, acknowledge that the benefit that would/ may be provided to us under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI or 'the Scheme'), notified by Ministry of Heavy Industries (MHI) vide S.O. No. 1363(E) dated 15th March 2024 and other relevant guidelines, communications from time to time, will be based on and after relying upon, the information submitted by us to avail the said benefit. 2. We hereby confirm that the information provided by us for availing the said benefit is true, correct and complete in all respects and that no material fact/ information that may have an adverse impact on the information provided by us for availing the said benefit have been concealed. 3. We hereby confirm that the Committed Investment in the project and achievement of Domestic Value Addition, as applicable, is to be made by us within a specified period of time. 4. We clearly understand from the Scheme that Bank Guarantee submitted by us could be invoked inter-alia on non- fulfilment of any of the following: (a) Investment of minimum ₹4,150 crore within a period of 3 years from the application approval date; (b) Electric Passenger Cars manufactured by us at our manufacturing facility(ies) in India will be required to achieve a DVA of minimum 25% within a period of 3 years from the application approval date; (c) Investment made by us within a period of 5 years from the application approval date should be at least equivalent to duty foregone, or USD 500 million, whichever is more; (d) Electric Passenger Cars manufactured by us at our manufacturing facility(ies) in India will be required to achieve a DVA of minimum 50% within a period of 5 years from the application approval date. (e) Conditions for import prescribed in the Notification No. 19/2024-Customs dated 15 March 2024 notified by Ministry of Finance. (f) Payment of penalty as specified in the Scheme Guidelines. (g) Adherence to directions given by MHI, from time to time, in connection with this Scheme. Further, misrepresentation, misstatements, misinformation, falsification of information with an intention to defraud the Government would also be a circumstance for invocation of bank guarantee. 5. We understand, acknowledge and agree that any of the violations on our part (specified above) shall result in loss to the Government of India at least to the extent that of the amounts guaranteed under the Bank Guarantee. 6. In the event of invocation of the Bank Guarantee by the MHI/PMA for any of the reasons mentioned above, we agree that there would be no irreparable loss or irretrievable injustice against us; nor would any special equities apply in our favour in the present matter. 7. With regard to the aforesaid transactions, we hereby undertake the following: A. We undertake to provide Bank Guarantee (BG) from a scheduled commercial Bank for the amount which is mentioned below: +--------+------------------------+--------------+ | Sr. No.| Particulars | Details | +========+========================+==============+ | 1. | Application Approval | | | | Date | | +--------+------------------------+--------------+ | 2. | Validity period of BG | Up to | +--------+------------------------+--------------+ | 3. | Claim Period | Up to | +--------+------------------------+--------------+ | 4. | Committed Investment | | +--------+------------------------+--------------+ | 5. | Value of BG | ₹ | +--------+------------------------+--------------+ B. In case of loss, mutilation, force majeure or any other eventualities, with respect to Original Bank Guarantee (favouring MHI / PMA, held at PMA), MHI/ PMA will not be liable for the same and the onus would be with us to arrange for alternate/ duplicate Bank Guarantee in place of the original Bank Guarantee. C. We also understand that the Bank Guarantee will be released to us on fulfilment of all the conditions of the Scheme and its Guidelines. Signature of the Authorized Signatory Name & Designation with Address: Date: Place: Annexure-III: Undertaking for compliance to FDI Policy (on the letterhead of the Applicant) 1. We, [Applicant Name], hereby declare and undertake that we have read and understood the Foreign Direct Investment (FDI) Policy 2020 as stipulated by the Government of India along with all amendments issued from time to time. 2. We agree to adhere and comply to all the provisions of the aforesaid FDI policy, including restrictions on investment from countries sharing land border with India, for any investment made/ to be made under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI). Signature of Authorised Signatory (Name & designation with address) Annexure-IV: Certificate from Statutory Auditor for Global Group Revenue and Global investment for Group Companies (certified by Independent/ Statutory Auditor of the Applicant and each of its Group Companies) 1. This is to certify that ('the Applicant') having CIN No................, PAN/ tax identification No. and registered office at proposes to apply under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) notified by Ministry of Heavy Industries (MHI) vide S.O. 1363(E), dated 15 March 2024. 2. We (name of Independent/ Statutory Auditor) hereby confirm the following details in respect of the Applicant and its Group Companies whose credentials have been considered for the purpose of Eligibility under the Scheme: +---------------+-----------------+-------------------+-------------------+-------------------+-------------------+-------------------------------------+-------------------------------------+ | Company | Registered | Country of | Date of | Registration | Relationship | Revenue from | Investment in | | Name | at | Incorpo- | Incorpo | No. | with Applicant | automotive | fixed assets | | | (Address) | ration | ration | | | manufacturing | (gross block) | | | | | | | | based on latest audited annual | based on latest audited annual | | | | | | | | Financial Statement for the period | Financial Statement as on | | | | | | | | from to | | +===============+=================+===================+===================+===================+===================+================================-----+================================-----+ | | | | | | | | | +---------------+-----------------+-------------------+-------------------+-------------------+-------------------+-------------------------------------+-------------------------------------+ | | | | | | | | | +---------------+-----------------+-------------------+-------------------+-------------------+-------------------+-------------------------------------+-------------------------------------+ | | | | | | | | | +---------------+-----------------+-------------------+-------------------+-------------------+-------------------+-------------------------------------+-------------------------------------+ | | | | | | | | | +---------------+-----------------+-------------------+-------------------+-------------------+-------------------+-------------------------------------+-------------------------------------+ | | | | | | | | | +---------------+-----------------+-------------------+-------------------+-------------------+-------------------+-------------------------------------+-------------------------------------+ | | | | | | | | | +---------------+-----------------+-------------------+-------------------+-------------------+-------------------+-------------------------------------+-------------------------------------+ 3. Copy of latest audited annual financial statement of above-mentioned Group Companies along with certificates from Independent/ Statutory Auditor of each those Group Companies is attached as Appendix. Signature & Stamp (Name of the signatory) (Name & address of the firm) FRN/ Membership No. Annexure-V-A: Certificate from Company Secretary for Applicant (including its Group Companies, registered in India) for not being Defaulter/ Bankrupt/ Blacklisted (To be furnished for Applicant and each of its Group Companies registered in India, whose credentials have been considered for determining eligibility) To Date: IFCI Limited, PMA for SPМЕРСІ, IFCI Tower, 61, Nehru Place, New Delhi-110019 Ref: 1. Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI or the Scheme) as notified vide S.O. No. 1363(E) dated 15 March 2024 read with the Scheme Guidelines notified vide S.O. No. dated 15 March 2024, as amended from time to time. 2. Approval letter number dated..... Issued to Ltd. for approval of application under SPMEPCI. Sub: Certificate for Ltd. Dear Sir/Madam, 1. In connection with benefits under SPMEPCI to to dd/mm/yyyy, this is to certify the following. Ltd. (applicant), for the period from dd/mm/yyyy 2. I confirm that (group company registered outside of India) has not been declared as defaulter or wilful defaulter or reported as fraud by any bank, financial institution or non-banking financial company or debarred by any securities or financial sector regulator. Further, no insolvency or bankruptcy proceedings are pending against (group company registered outside of India). 3. That we shall immediately inform the Project Management Agency (PMA) and Ministry of Heavy Industries (MHI), in case there is any change in the status of any of the statements/ confirmations made above, during the tenure of the Scheme. <Please give complete details and present status, if response to any declaration above is contradictory.> For Limited <insert signature here> (Name) Company Secretary Place: Annexure-V-B: Certificate from Company Secretary for Group Companies, registered/ incorporated outside India, for not being Defaulter/ Bankrupt/ Blacklisted (To be furnished for each Group Company, registered/ incorporated outside India, whose credentials have been considered for determining eligibility) To Date: IFCI Limited, PMA for SPМЕРСІ, IFCI Tower, 61, Nehru Place, New Delhi-110019 Ref: 1. Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI or the Scheme) as notified vide S.O. No. 1363(E) dated 15 March 2024 read with the Scheme Guidelines notified vide S.O. No. dated 15 March 2024, as amended from time to time. 2. Approval letter number dated Issued to Ltd. for approval of application under SPMЕРСІ. Sub: Certificate for Ltd. Dear Sir/Madam, 1. In connection with benefits under SPMEPCI to to dd/mm/yyyy, this is to certify the following. Ltd. (applicant), for the period from dd/mm/yyyy 2. I confirm that (group company registered outside of India) has not been declared as defaulter or wilful defaulter or reported as fraud by any bank, financial institution or non-banking financial company or debarred by any securities or financial sector regulator. Further, no insolvency or bankruptcy proceedings are pending against (group company registered outside of India). 3. That we shall immediately inform the Project Management Agency (PMA) and Ministry of Heavy Industries (MHI), in case there is any change in the status of any of the statements/ confirmations made above, during the tenure of the Scheme. <Please give complete details and present status, if response to any declaration above is contradictory.> For Limited <insert signature here> (Name) Company Secretary Place: Annexure-VI: Format for Board Resolution for appointing Authorised Signatory Extract of the Resolution passed by the Board of Directors of held on (date) at (time) at the Registered office of the Company at Limited (the Company/ the Applicant) (address). The Chairman informed the Board that the Company is desirous of availing the benefit of reduced Customs duty benefit on import of Electric passenger Cars under SPMEPCI Scheme notified vide S.O. 1363 (E) dated 15.03.2024, and has agreed to abide by the terms and conditions of the SPMEPCI Scheme and its operational guidelines. Copy of the SPMEPCI Scheme & its guidelines as issued by MHI, have been circulated to the Board/ placed on the table of the meeting. The Board discussed the matter and passed the following resolutions: "RESOLVED THAT the consent of the Board of Directors is accorded for accepting and agreeing to abide by the terms and conditions as laid down in the SPMEPCI Scheme and its Guidelines and any other documents issued by MHI from time to time, as required in connection with the SPMEPCI Scheme. RESOLVED THAT the Board hereby authorises Mr./Ms. Designation) to act as Authorised Signatory(ies) for: • Submitting all the related data, documents, certificates, indemnities, etc. and any other information on our behalf, • To make representation, give undertakings and correspond with MHI/ IFCI being the project management agency (PMA), • To submit correct and complete data, document, certificates and information in connection with determination of import and manufacturing data of eligible product(s) and any other aspect related to the SPMEPCI Scheme. & (Names & RESOLVED THAT • Any data, documents, certificates, information and indemnities furnished/ (names and designation of authorised explanations shall be binding on submitted by signatory(ies)), their statements and (name of the Company/ the Applicant). • He/ She is authorised individually to accept, issue and make all communication in relation to the proceeding stated therein. RESOLVED FURTHER THAT a true copy of the resolution be provided to the PMA/ MHI for their records. Certified True Copy For (Company/Applicant) () Director/Company Secretary DIN: (Address) Date: Place: Annexure-VII: Annual Import Application for the period from ...... to ...... An Approved Applicant shall be required to provide the following information (self-certified) within 30 days of the Application Approval Date for the first year and at least 60 days prior to commencement of every subsequent year: 1. Applicant details +-----------------------------------------------------------------------------------+----------------+ | 1.1 Name of the Applicant | | +-----------------------------------------------------------------------------------+----------------+ | 1.2 Application No. (assigned at the time of applying under the Scheme) | | +-----------------------------------------------------------------------------------+----------------+ | 1.3 Application Approval Date | | +-----------------------------------------------------------------------------------+----------------+ | 1.4 Latest Shareholding Pattern of the Applicant | | +-----------------------------------------------------------------------------------+----------------+ | 1.5 Latest Shareholding Pattern of Group Companies, if considered for eligibility | | | under this Scheme | | +-----------------------------------------------------------------------------------+----------------+ | 1.6 Importer Exporter Code (IEC) of the Applicant (certificate to be uploaded) | | +-----------------------------------------------------------------------------------+----------------+ | 1.7 Manufacturing location/(s) – including complete Address, City, -State, PIN | | | code | | +-----------------------------------------------------------------------------------+----------------+ | 1.8 Installed annual capacity envisaged (in nos. of passenger cars) | | +-----------------------------------------------------------------------------------+----------------+ | 1.9 GST Registration No. (certificate to be uploaded) | | +-----------------------------------------------------------------------------------+----------------+ | 1.10 Committed Investment (amount in ₹) | | +-----------------------------------------------------------------------------------+----------------+ 2. RBI Defaulter, SEBI Debarred, Blacklisted Status of Applicant* +-----------------------------------------------------------------------------------+--------+ | 2.1 Whether the applicant is in RBI Defaulter list | Yes/No | +-----------------------------------------------------------------------------------+--------+ | 2.2 Whether the applicant is admitted for Bankruptcy/Insolvency proceedings | Yes/No | +-----------------------------------------------------------------------------------+--------+ | 2.3 Whether the applicant is in Wilful Defaulter list | Yes/No | +-----------------------------------------------------------------------------------+--------+ | 2.4 Whether the applicant is in SEBI Debarred list | Yes/No | +-----------------------------------------------------------------------------------+--------+ | 2.5 Whether the applicant is blacklisted by Government organization / Government | Yes/No | | body / Government Authority in India or globally | | +-----------------------------------------------------------------------------------+--------+ *An Undertaking in format prescibed in Annexure-VA & VB of the guidelines along with latest CIBIL report (not older than 3 months from the date of the submitting the Application) is required to be uploaded 3. Investment details 3 (a) Committed Investment for manufacturing of Eligible Product (amount in ₹): +-----------------------------------------------------------------------------------+----------------+ | | | +-----------------------------------------------------------------------------------+----------------+ 3 (b): Investment made for manufacturing of Eligible Product from Application Approval Date till (amount in ₹): +--------+---------------------------------------------+---------------------------+----------------+----------------+ | 1. | 2. | 3. | 4. | 5. | | Sr. No.| Sub-Head of Investment | Amount of Purchase | Amount | Amount | | | | Orders issued (in ₹) | paid (in ₹) | capitalized | | | | Copies to be enclosed | | (in ₹) | +========+=============================================+---------------------------+----------------+----------------+ | A. | Building of main plant and utilities | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | B. | Plant, Machinery and Equipment | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | C. | Tools, Dies, Moulds, Jigs, Fixtures (at | | | | | | supplier's location) | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | D. | Associated Utilities | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | E. | EV Charging Infrastructure | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | F. | Engineering Research & Development | | | | | | (In House) | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | Total | | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ Chartered Engineer Certificate to be attached 4A. Details of duty foregone and vehicles imported from Application Approval Date till (amount in ₹): +------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | 1. | 2. | 3. | 4. | 5. | 6. | 7. | | | Year | Duty foregone | Cumulative | Vehicles | Vehicles | Cumulative | Vehicles sold | | | | in the year (in ₹) | Duty foregone | proposed to | actually | Vehicles | in the year | | | | | (in ₹) | be imported | imported in | imported (in | (in nos.) | | | | | | in the year | the year (in | nos.) | | | | | | | (in nos.) | nos.) | | | | +======+========================+========================+========================+========================+========================+========================+------------------------+ | Year | | | | | | | | | 1 | | | | | | | | +------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | Year | | | | | | | | | 2 | | | | | | | | +------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | Year | | | | | | | | | 3 | | | | | | | | +------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | Year | | | | | | | | | 4 | | | | | | | | +------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | Year | | | | | | | | | 5 | | | | | | | | +------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | Total| | - | | | - | | | +------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ 4B. Total Duty to be foregone during the Scheme duration +-----+----------------------------------------------+----------------+ | 1 | Total Duty to be foregone during the Scheme | | | | duration (in ₹) | | +-----+----------------------------------------------+----------------+ | 2 | Cumulative duty foregone already availed | | | | (in ₹) | | +-----+----------------------------------------------+----------------+ | 3 | Balance amount (in ₹) [ 2 – 1] | | +-----+----------------------------------------------+----------------+ 5. Past Data on imports under the Scheme (Details to be filled up for each model/variant under each bill of entry) +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | 1. | 2. | 3. | 4. | 5. | 6. | 7. | 8. | 9. | 10. | 11. | 12. | 13. | 14. | 15. | | Sr. | Name | Model/ | No. of | Country | Originating | Destination | Bill of | Date of | Bill of | BoE | CIF | Total | Total | Duty | | No. | of | variant | vehicles | of Origin | Port | Port | lading | shipment | Entry | date | value | CIF | CIF | foregone | | | OEM* | name | | | | | No. | | (BOE) | | for | value | value for | for each | | | | | | | | | (attach | | No. | | each | for | each BoE in | BoE (in | | | | | | | | | a copy) | | (attach | | model | each | INR) | INR) | | | | | | | | | | | a copy) | | (in | BoE in | | | | | | | | | | | | | | | USD) | USD | | | +=====+==========+================+=================+=================+=================+=================+=================+=================+=================+=================+=================+=================+=================+=================+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ * OEM is to be group company only. Rationale for considering it as Group company to be attached. List of Documents to be attached in support of imports made during last year (Data to be verified from Customs) (a) Commercial Invoice issued by OEM (b) Packing list (c) Bill of lading (d) Bill of entry (e) Copy of Insurance Policy / certificate (f) Certificate of origin (g) Certificate regarding shipment by Seaworthy vessel issued by Lloyds or equivalent classification agency (h) Certificate of inspection by reputed Inspection agencies (i) Foreign exchange control form (form A-1) (j) Clearance Certificate issued by Indian Customs Dept. (k) Rationale for considering supplier OEM as group company of Applicant 6. Proposed plan for imports under the Scheme for next year (to be filled only for annual import application other than a revision application) +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | 1. | 2. | 3. | 4. | 5. | 6. | 7. | 8. | 9. | 10. | 11. | | Sr. | Name of | Model/ | No. of | Country of | Originating | Destination | CIF | Duty | (CIF | Duty | | No. | OEM* | variant | vehicles | Origin | Port | Port | value of | proposed | value X | proposed to | | | | name | | | | | each | to be | Qty) | be foregone | | | | | | | | | model | foregone | (4 X 8) | for each | | | | | | | | | (in | per | for each | model | | | | | | | | | USD) | vehicle | model | (4 X 9) | | | | | | | | | | (in INR) | (in | (in INR) | | | | | | | | | | | USD) | | +=====+==========+=================+=================+=================+=================+=================+=================+=================+=================+=================+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ *OEM is to be group company only. Rationale for considering it as Group company to be attached. The Integrity Pact compliance undertaking in format prescribed in Annexure-IX of the guidelines is required to be uploaded along with the import application. 7. Data for Mid-term revision (To be submitted in case applicant submits request for mid-term revision of the Import application) 7. (a) Details of imports made during the period since application date +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | 1. | 2. | 3. | 4. | 5. | 6. | 7. | 8. | 9. | 10. | 11. | 12. | 13. | | | | Sr. | Name | Model/ | CIF value of | Actual | No. of | Actual | Total | Actual | Estimated | Actual | Balance | Balance | | | | No. | of | Variant | each model | CIF value | vehicles | No. of | value of | value | Duty | duty | no. of | duty | | | | | OEM* | name | estimated at | of each | estimated | vehicles | imports | of | foregone | foregone | vehicles | benefit | | | | | | | the time of | model | to be | imported | estimated | imports | at the time | during | which | remaining | | | | | | | application(in | imported | imported | so far | at the time | during | of | the | can be | for the | | | | | | | USD) | (in USD) | at the time | during | of | the | application | period | imported | period (in | | | | | | | | | of | the | application | period | (in INR) | (in | during | INR) | | | | | | | | | application | period | (in USD) | (in USD) | | INR) | the | | | | | | | | | | | | | | | [exchange | remaining | | | | | | | | | | | | | | | rate as per | period | | | | | | | | | | | | | | | bill of | (in nos.) | | | | | | | | | | | | | | | entry] | | | | | +=====+==========+================+===================+================+=================+=================+=================+=================+=================+=================+=================+=================+=================+=================+=================+ | (A) | (B) | (C) | (D) | (E) | (F) | (G) | (H)= | (I) = | (J) | (K) | (L)=(F)- | (M)= (J)- | | | | | | | | | | | | (D)*(F) | (E*G) | | | (G) | (K) | | | | +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | | | | | | +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | TOTAL| | | | | | | | | | | | | | | | +-----+----------+----------------+-------------------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ *OEM is to be group company only. Rationale for considering it as Group company to be attached. 7. (b) Revised estimates for the balance period of the relevant year for which the Import certificate is requested to be re-issued : +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | 1. | 2. | 3. | 4. | 5. | 6. | 7. | 8. | 9. | 10. | 11. | | Sr. | Name of | Model/ | No. of | Country of | Originating | Destination | CIF | Duty | (CIF | Duty | | No. | OEM* | variant | vehicles | Origin | Port | Port | value of | proposed | value X | proposed to | | | | name | | | | | each | to be | Qty) | be foregone | | | | | | | | | model | foregone | (4 X 8) | for each | | | | | | | | | (in | per | for each | model | | | | | | | | | USD) | vehicle | model | (4 X 9) | | | | | | | | | | (in INR) | (in | (in INR) | | | | | | | | | | | USD) | | +=====+==========+=================+=================+=================+=================+=================+=================+=================+=================+=================+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ *OEM is to be group company only. Rationale for considering it as Group company to be attached 8. Data regarding production and Sales (to be submitted after commencement of commercial production) +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | Sr. No.| Name of | No. of vehicles | No. of vehicles | Average sales | Sales | DVA % of | | | Model | manufactured | sold (in nos.) | price per | Revenue (*) | the | | | | (in nos.) | | vehicle (*) | | model # | +=======+==========+===========================+========================+==========================+========================+================+ | (A) | (B) | (c) | (D) | (E) | (F) = (D) X (E) | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ * Statutory Auditor certificate to be submitted. # attach certificates from testing agency of MHІ. 9. Data regarding employment generation in India from Application Approval Date till date +---------------------------+-------+-------+-------+-------+-------+ | Particulars | Year 1| Year 2| Year 3| Year 4| Year 5| +===========================+=======+=======+=======+=======+=======+ | Regular employees | | | | | | +---------------------------+-------+-------+-------+-------+-------+ | Contractual/ outsourced | | | | | | | employees | | | | | | +---------------------------+-------+-------+-------+-------+-------+ | Apprentices | | | | | | +---------------------------+-------+-------+-------+-------+-------+ | Total | | | | | | +---------------------------+-------+-------+-------+-------+-------+ Annexure-VIII: Business/ Project Plan The Applicant is required to submit Business/Project Plan for setting up the manufacturing facilities of Eligible Product in India. The Business/ Project Plan should, inter alia, include the following: 1. Proposed location of manufacturing facilities to be set up in India, including whether project is new/ brownfield (expansion) 2. Details of feasibility studies / techno economic viability studies carried out, if any 3. Installed capacity of electric passenger cars to be set up in India along with tentative specifications of the cars proposed to be manufactured 4. Committed investment 5. Details of year-wise investment proposed to be made (sub-head wise) 6. Plan for obtaining various licenses, permits and regulatory and statutory approvals required for setting up the plant 7. Proposed plan for procurement of raw materials and components 8. Details of technology proposed to be utilized / developed 9. Detailed implementation schedule for setting up the plant 10. Year wise details of electric passenger cars to be manufactured along with details of capacity utilization 11. Target customer segment proposed to be catered to 12. Proposed marketing arrangements for domestic sales as well as for exports 13. Total project cost and means of finance 14. Year wise projections of revenue, profitability 15. Year wise projected balance sheet and cash flow 16. Proposed Domestic Value Addition 17. Expected employment generation in India Annexure-IX: Quarterly Review Report (QRR) for the quarter ended........ An Approved Applicant shall be required to provide the following information (self-certified) for quarterly review within 30 days from the end of each quarter: 1. Applicant details +-----------------------------------------------------------------------------------+----------------+ | Name of the Applicant | | +-----------------------------------------------------------------------------------+----------------+ | Application No. (assigned at the time of applying under the Scheme) | | +-----------------------------------------------------------------------------------+----------------+ | Application Approval Date | | +-----------------------------------------------------------------------------------+----------------+ | Latest Shareholding Pattern of the Applicant | | +-----------------------------------------------------------------------------------+----------------+ | Latest Shareholding Pattern of Group Companies, if considered for eligibility | | | under this Scheme | | +-----------------------------------------------------------------------------------+----------------+ | Importer Exporter Code (IEC) of the Applicant (certificate to be uploaded) | | +-----------------------------------------------------------------------------------+----------------+ | Manufacturing location/(s) – including complete Address, City, -State, PIN | | | code | | +-----------------------------------------------------------------------------------+----------------+ | Installed annual capacity envisaged (in nos. of passenger cars) | | +-----------------------------------------------------------------------------------+----------------+ | GST Registration No. (certificate to be uploaded) | | +-----------------------------------------------------------------------------------+----------------+ | Committed Investment (amount in ₹) | | +-----------------------------------------------------------------------------------+----------------+ 2. RBI Defaulter, SEBI Debarred, Blacklisted Status of Applicant* +-----------------------------------------------------------------------------------+--------+ | Is in RBI Defaulter list | Yes/No | +-----------------------------------------------------------------------------------+--------+ | Is admitted for Bankruptcy/Insolvency proceedings | Yes/No | +-----------------------------------------------------------------------------------+--------+ | Is in Wilful Defaulter list | Yes/No | +-----------------------------------------------------------------------------------+--------+ | Is in SEBI Debarred list | Yes/No | +-----------------------------------------------------------------------------------+--------+ | Is blacklisted by Government organization / Government body / Yes/No | Yes/No | | Government Authority in India or globally | | +-----------------------------------------------------------------------------------+--------+ 3. Committed Investment (amount in ₹): +-----------------------------------------------------------------------------------+----------------+ | | | +-----------------------------------------------------------------------------------+----------------+ 4. Investment made for manufacturing of Eligible Product from Application Approval Date till (amount in ₹): +--------+---------------------------------------------+---------------------------+----------------+----------------+ | Sr. No.| Sub-Head of Investment | Amount of Purchase | Amount paid | Amount | | | | Orders issued (in ₹) | (in ₹) | capitalized | | | | Copies to be enclosed | | (in ₹) | +========+=============================================+---------------------------+----------------+----------------+ | 1. | Building of main plant and utilities | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | 2. | Plant, Machinery and Equipment | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | 3. | Tools, Dies, Moulds, Jigs, | | | | | | Fixtures (at supplier's location) | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | 4. | Associated Utilities | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | 5. | EV Charging Infrastructure | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | 6. | Engineering Research & | | | | | | Development (In House) | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ | Total | | | | | +--------+---------------------------------------------+---------------------------+----------------+----------------+ 5. Details of duty foregone and vehicles imported from Application Approval Date till (end of quarter): +----------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | Cumulative | Duty | Cumulative | Balance | Cumulative | Vehicles | Cumulative | Vehicles sold | | Duty | foregone | Duty | limit for | Vehicles | imported | Vehicles | upto the end | | foregone | during the | foregone at | duty to | imported | in the | imported by | of the quarter | | prior to start | quarter | the end of the | be | upto | quarter (in | the end of | (in nos.) | | of the quarter | (in ₹) | quarter (in ₹) | foregone | beginning | nos.) | the quarter | | | (in ₹) | | | | of the | | (in nos.) | | | | | | | quarter (in | | | | | | | | | nos.) | | | | +================+========================+========================+========================+========================+========================+========================+========================+ | | | | | | | | | +----------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | | | | | | | | | +----------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | | | | | | | | | +----------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ | | | | | | | | | +----------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+------------------------+ 6A. Data regarding manufacturing and Sales (to be submitted after commencement of commercial production) of Eligible Product(s) upto the beginning of the quarter +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | Sr. No.| Name of | Cumulative No. of | Cumulative No. | Average sales | Sales Revenue | DVA % of | | | Model | vehicles | of vehicles sold | price per vehicle | (₹) | the model | | | | manufactured | (in nos.) | (₹) | | | | | | (in nos.) | | | | | +=======+==========+===========================+========================+==========================+========================+================+ | (A) | (B) | (c) | (D) | (E) | (F) = (D) X (E) | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ 6B. Data regarding manufacturing and Sales (to be submitted after commencement of commercial production) of Eligible Product(s) during the quarter +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | Sr. No.| Name of | No. of vehicles | No. of vehicles | Average sales | Sales Revenue | DVA % of | | | Model | manufactured | sold during the | price per | (₹) | the model | | | | during the quarter | quarter (in nos.) | vehicle (*) | | | | | | (in nos.) | | | | | +=======+==========+===========================+========================+==========================+========================+================+ | (A) | (B) | (c) | (D) | (E) | (F) = (D) X (E) | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ | | | | | | | | +-------+----------+---------------------------+------------------------+--------------------------+------------------------+----------------+ 7. Data regarding employment generation in India from Application Approval Date till date +---------------------------+---------------------------+-------------------+---------------------------+ | Particulars | Cumulative, Upto start | During the | Cumulative, upto end | | | of the quarter | quarter | of the quarter | +===========================+===========================+===================+===========================+ | Regular employees | | | | +---------------------------+---------------------------+-------------------+---------------------------+ | Contractual/ outsourced | | | | | employees | | | | +---------------------------+---------------------------+-------------------+---------------------------+ | Apprentices | | | | +---------------------------+---------------------------+-------------------+---------------------------+ | Total | | | | +---------------------------+---------------------------+-------------------+---------------------------+ 8A. Cumulative Imports undertaken under the Scheme upto the start of the quarter (Details to be filled up for each model/variant) +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | | | Sr. | Name | Model/ | No. of | Country | Originating | Destination | Avg. | Total | Duty | | | No. | of | variant | vehicles | | | | CIF | CIF | foregone | | | | OEM* | | | | | | | | | | +=====+==========+================+=================+=================+=================+=================+=================+=================+=================+=================+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ 8B. Imports undertaken under the Scheme during the quarter (Details to be filled up for each model/variant) +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | | | Sr. | Name | Model/ | No. of | Country | Originating | Destination | Avg. | Total | Duty | | | No. | of | variant | vehicles | of Origin | Port | Port | CIF | CIF | foregone | | | | OEM* | | | | | | | | | | +=====+==========+================+=================+=================+=================+=================+=================+=================+=================+=================+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ | | | | | | | | | | | | +-----+----------+----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+-----------------+ * OEM is to be group company only. Rationale for considering it as Group company to be attached. Annexure-X: Consent for audit of Manufacturing site and Import undertaken (on the letterhead of the Applicant) 1. Whereas, the Applicant namely having CIN No.......... PAN No. and registered office at has submitted an application under the Scheme to Promote Manufacturing of Electric Passenger Cars in India (SPMEPCI) to Ministry of Heavy Industries (MHI), Government of India for promoting domestic manufacturing of Electric Passenger Cars and seeking benefit of lower custom duty for import of Eligible Product. 2. Now, therefore, the Applicant shall allow the PMA or the testing agency(ies) or any other authority / agency / consultant as designated by MHI for verification of manufacturing facility setup and documents submitted under the Scheme. 3. In case audit/ inspection of any supplier of the Applicant is required, the Applicant shall facilitate the same. Signature of the authorised signatory Date: (Name & Designation) Annexure-XI: Performa for Integrity Compliance to be furnished by the Applicant (on the letterhead of the Applicant) 1. Whereas, the Applicant namely M/s having CIN No. PAN No. and registered office at has submitted an application under the Scheme to Promote Manufacturing of Electric Passenger Cars in India ('SPMEPCI') to Ministry of Heavy Industries ('MHI'), Government of India for promoting domestic manufacturing of Electric Passenger Cars and seeking benefit of lower custom duty for import of Eligible Product at (location(s)). 2. Now, therefore, the Applicant including its officers / representatives commits and undertakes that they will take all measures necessary to prevent corruption. They commit to observe the following principles during their association / engagement with MHI or its agencies or its consultants engaged with the process of appraisal and verification of application for the approval of application under the Scheme. 2.1 The Applicant will not directly or through any other person or firm, offer, promise or give to any of the MHI's officer(s) or consultant or agency representative (appraisal or/ and verification agency appointed by MHI to handle the application) involved in the process of dealing with application or to any third person any material or other benefit which they are not legally entitled to in order to obtain in exchange any advantage of any kind whatsoever before or during or after the process of the application for grant of approval under the Scheme. 2.2 The Applicant will not commit any offence under the relevant IPC / PC Act; Further, the Applicant will not use improperly, for purposes of competition or personal gain, or pass on to others, any information or document provided by the MHI. 2.3 The Applicant shall disclose the name and address of the duly authorized Agents / Representatives who will be dealing with MHI or its agencies and the remuneration of these agents or representatives shall not include any hidden amount or component to get the work done in undue manner or causing inducement of whatsoever nature whether in cash or kind to influence the normal process or practice of work. 2.4 The Applicant will disclose any and all payments they have made, is committed to or intends to make to agents, brokers or any other intermediaries, other than regular employees or officials of the Applicant, in connection with the grant of approval. 2.5 The Applicant will not offer any illicit gratification to obtain unfair advantage. 2.6 The Applicant will not collude with other parties to impair transparency and fairness. 2.7 The Applicant will not give any advantage to anyone in exchange for unprofessional behaviour. 3. The Applicant declares that no pervious transgressions occurred in the last 3 years with any other Company in any country conforming to the anti-corruption approach or with any other Public Sector Enterprises / Central or State Government or its any instrumentality in India. 4. The Applicant agrees that if it is found that the Applicant has made any incorrect statement on this subject, the application will be closed or rejected and MHI reserve the right to initiate legal action of whatsoever nature. In case the Applicant has availed duty benefit under the Scheme, the duty forgone will be recoverable along with interest calculated at 3 years SBI Marginal cost of funds-based lending rate (MCLR) prevailing on the dates of availing benefits, compounded annually besides blacklisting of the Applicant and initiation of legal action of whatsoever nature at the discretion of MHI. The contents of the above undertaking have been gone through and after understanding the same is being executed/ given on day of (month / year) Signature of the Authorised Signatory (Name & designation with address)