Amendment status not verified — confirm the current text below against the official source.
Tentative date of commercial production (in case of exemption) Date of commercial production (in case of reimbursement) 10 i. Submission of bank guarantee by Ultra-mega/Mega/Anchor Unit for availing exemption of CLU/EDC in case of Phasewise Investment in accordance with clause 13.6 equivalent to sum of EDC applicable, valid up to the date till the unit achieve the status of Ultra-mega/Mega/Anchor Unit on the basis of FCI or 163 maintain the status of Anchor Unit on the basis of Direct Employment ii. Submission of Bank Guarantee equivalent to the amount of EDC for a period of two years after the commercial production in case of a new unit claiming incentive as Aerospace and Defence Manufacturing Unit. Detail of Bank Guarantee Furnished: - e. Name of the bank f. Bank Branch Address g. Amount of bank Guarantee h. Date of Issuance of Bank Guarantee in the favour of Director of Industries & Commerce, Punjab Documents to be submitted S.No Name of Document