C Incentives for Investment. Based on the above, the three periods are: Pre-pioneer period: 1 November to 31 August Pioneer period: 1 September to 31 August Post-pioneer period: 1 September et seq The basis periods are as follows:. Many cases went to the courts for judicial determination. Applicants can refer to the guidelines and procedures for application for import duty exemption in our website www. The following forms are applicable for import duty exemption: PC1 form — for import duty exemption on machinery and equipment only for Agriculture Sector PC2 form — for import duty exemption on raw materials and component PC — for import duty exemption on additional quantities of raw materials and components PC Service form — for import duty exemption on machinery, equipment and material for companies in selected services sub-sectors. Is there any chance that company to extend their application of Pioneer Status Certificate if they unable to meet the requirement? T...