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5593 GI/202 3 (1) रजिस्ट्री सं. डी.एल.- 33004/99 REGD. No . D. L. -33004/99
EXTRAORDINARY
PART II —Section 3 —Sub-section ( ii)
PUBLISHED BY AUTHORITY
No. 3696] NEW DELHI, THURSDAY , AUGUST 31, 2023/ BHADRA 9, 1945
CG-DL-E-31082023-248462
[फा. सं. 12(11)/2020 -एईआई (21370)]
MINISTRY OF HEAVY INDUSTRIES
NOTIFICATION
(AMENDMENT)
New Delhi, the 31st August, 2023
S.O. 3 857(E).— In partial modification of the Scheme Guidelines for the Production Linked Incentive (PLI)
scheme for Automobile and Auto Component industry which was notified by the Ministry of Heavy Industries vide
S.O. No. 3947(E) dated 23rd September 2021, the following amendments are made with effect from date of its
publication in the Offi cial Gazette: -
Amendment of sub -paragraph 2.26 to be read as under :
Para 2.26 : Domestic Value Addition: The term “Domestic Value Addition” will be construed as
the percentage of manufacturing activity being undertaken in that referred part of the s upply chain.
It will be certified by Testing agency of MHI. % Domestic Value Addition = [{Adjusted Ex -factory
price of the product – (minus) Adjusted Import content} / Adjusted Ex -factory price of the product]
x 100, where,
Ex-Factory Price shall mean pri ce of the product at the factory gate, before applicable taxes.
CIF shall mean Cost, Insurance and Freight.
Adjusted Ex -factory price of the product = Ex -factory price of the product - (minus) Total Exempted
Import as per FAQs – (minus) Weighted Average Di scount in excess of the dealer/ channel margin.
Adjusted Import content = Import content i.e. sum of CIF value of all non -originating materials and
services including royalty in the final product including non -creditable import duties - (minus) Total
Exem pted Import as per FAQs.
The entire calculation above is net of GST.
After sub -paragraph 2.27, sub -paragraphs 2.28, 2.29 & 2.30 will be added, namely :
Para 2.28 : Frequently Asked Questions (FAQs): FAQs are the queries raised during
interactions/stak eholder consultations with applicants and auto industry associations. These queries
have been compiled in the form of FAQs in this Scheme and published by MHI from time to time.
Para 2.29 : Weighted Average Discount: It is the weighted average of dis counts offered by the
applicants on the AAT product to their dealers / distributors in the last 12 months.
Para 2.30 : Non-Originating Material and Services: Material and Services whose country of
origin is other than the country in which that materia l / service is used in manufacturing and any
material / service whose origin cannot be determined.
[F. No. 12(11)/2020 -AEI (21370)]
HANIF QURESHI, Jt. Secy.
Uploaded by Dte. of Printing at Government of India Pr ess, Ring R oad, Mayapuri, New Delhi -110064
and Published by the Controller of Publications, Delhi -110054.
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