FAQ , Labor Management

How can investors obtain ad-hoc IRC from BIDA? Can BIDA play a part in IRC regularization?

Oct 11, 2021

BIDA is assigned to recommend to the Chief Controller of Imports & Exports (CCI&E) to issue Import Permit (an entitlement for importing capital machinery and availing duty exemption) and ad-hoc IRC (an entitlement for importing materials, semi-finished products for processing usage) for industrial establishments.

After receiving the application for ad-hoc IRC recommendation with necessary documents, BIDA arranges site inspection of the applicant’s factory or plant (to confirm whether the applicant is ready to properly consume or use material and machinery to be imported), and sends a recommendation to CCI&E for issuance of ad-hoc IRC.

Ad-hoc IRC would be regularized as per the recommendation by the sponsoring authority such as BIDA.

BIDA can facilitate ad-hoc industrial importers to regularize their certificate through a recommendation letter to CCI&F, when 70% of the entitled import value mentioned in the ad-hoc IRC is utilized.