Foreign Trade Procedures 2008-2009 - Directorate General of ...

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to deposit an amount equal to 1% of shortfall in FOBvalue in Indian Rupee, through TR in authorised branchof Central Bank of India as above, or through EFT mode.Value wise shortfall shall be calculated with reference toactual quantity of exports and FOB value of realisationwith reference to prorata quantity of imports and CIFvalue. For example, if export performance is only 50%quantitywise, but import has been for complete CIF valuepermitted, then value addition would be calculated on aprorata basis, i.e with reference to 50% of CIF value ofimports. This would accordingly imply that whereAuthorisation holder is unable to export, no penalty onvaluewise shortfall shall be imposed.(iii)(iv)(v)If EO is not fulfilled both in terms of quantity and value,the Authorisation holder shall, for the regularisation, payas per (i) and (ii) above.In case an exporter is unable to complete EO undertakenin full and he has not made any import under Authorisation,Authorisation holder will also have an option to get theAuthorisation cancelled and apply for drawback afterobtaining permission from Customs authorities forconversion of shipping bills to Drawback Shipping Bills.RA shall compare relevant portion of Appendix-23 dulyverified and certified by Chartered Accountant with thatof norms allowed in Authorisation(s) and actual quantityimported against Authorisation(s) in the beginning oflicensing year for all such Authorisations redeemed inpreceding licensing year. In this verification process, in caseit is found that Authorisation holder has consumed lesserquantity of inputs than imported, Authorisation holder shallbe liable to pay customs duty on unutilized value ofimported material, alongwith interest thereon as notified,or effect additional export within the EO period.Time Period For 4.29 Customs duty with interest to be recovered from AuthorisationDepositing Fines,holder on account of regularisation or enforcement of BG / LUT,Customs Duty, Etc.shall be deposited by Authorisation holder in relevant Head ofAccount of Customs Revenue i.e., “Major Head 0037 - Customsand minor head 001- Import Duties” in prescribed T.R. Challan,within 30 days of demand raised by Regional / Customs Authorityand documentary evidence shall be produced to this effect toRA / Customs authority immediately.On receipt of such documentary evidence from Authorisationholder, RA shall intimate details of recovery / deposits made to70
Customs Authority at port of registration under intimation to JointSecretary (Drawback), Department of Revenue, Ministry ofFinance, Jeevan Deep Building, New Delhi.Payment of amount of duty, interest and any dues for regularisationshall, however, be without prejudice to any other action that maybe taken by Customs Authorities at any stage under CustomsAct, 1962.Maintenance of 4.30 Every Advance Authorisation holder shall maintain a true andProper Accountsproper account of consumption and utilisation of duty free imported/ domestically procured goods against each Authorisation asprescribed in Appendix-23. These records are required to besent to the concerned RA at the beginning of each licensing yearfor all those Authorisations, which have been redeemed in previouslicencing year. However, these records in said format are requiredto be submitted for Authorisations issued on or after 13-05-2005.Such records should be preserved for a period of at least threeyears from date of redemption.Consideration of 4.30A In case where Original EP copy of Shipping Bill / original BRCcases against losthas been lost, request for EODC, “No BG / LUT condition” underEP copy of theAdvance Authorisation / DFIA scheme, or endorsement ofShipping Bills and /transferability under DFIA scheme can be considered, subject toor Bank Realisationsubmission of following documents in lieu of those originalCertificate documents: -a) A duplicate / certified copy of concerned document issuedby Customs Authority / Bank in lieu of original;b) An application fee equivalent to 1% of duty saved amount.However, no fee shall be charged when such document islost by Government agencies and a documentary proof tothis effect is submitted;c) An affidavit by exporter about loss of document and anundertaking to surrender it immediately to concerned RA,if found subsequently;d) An indemnity bond by exporter to the effect that he wouldindemnify Government for financial loss, if any, on accountof duty free import entitlement availed / allowed againstlost Shipping Bills / BRC. Customs Authority, beforeallowing redemption of BG / LUT or clearance afterendorsement of “No BG / LUT condition” or endorsementof transferability, shall ensure that no double benefit againstsuch shipping bill has been availed.71
Page 1:
Handbook of Procedures (Vol. I)1 st
Page 5:
CONTENTSCHAPTER SUBJECT Page1 INTRO
Page 8 and 9:
EDIElectronic Data InterchangeEEFCE
Page 11:
CHAPTER-1INTRODUCTIONNotification 1
Page 14 and 15:
(iv)Persons importing / exporting g
Page 16 and 17:
Duplicate Copy of 2.9.3 Where an IE
Page 18 and 19:
2.12.2 Validity of an import Author
Page 20 and 21: subject to condition that they obta
Page 22 and 23: countries on a limited number of pr
Page 24 and 25: Payment through 2.25.1 Payment thro
Page 26 and 27: 2.32.2 Import of following types of
Page 28 and 29: 2.32.4 Import policy for seconds an
Page 30 and 31: 2.35.3 Import entitlement under par
Page 32 and 33: concerned. Following information al
Page 34 and 35: user, and on potential of item or t
Page 36 and 37: Note 6: ‘Technology’ (see also
Page 38 and 39: 2.59.1 One of salient features inco
Page 40 and 41: Since import of maize (corn) is thr
Page 42 and 43: Appendix-19B. In case an exporter d
Page 45 and 46: CHAPTER-3PROMOTIONAL MEASURESStatus
Page 47 and 48: (g)Service provider shall within on
Page 49 and 50: of exports shall be determined in t
Page 51 and 52: 3.21.2 Deleted.Eligibility of Focus
Page 53: Further for products, markets notif
Page 56 and 57: 4.4.5 Deletedto Drug Controller, Ni
Page 58 and 59: unutilised inputs as per norms fixe
Page 60 and 61: Description of an 4.11 An Advance A
Page 62 and 63: 4.15.2 Authorisation shall be inval
Page 64 and 65: LCSSEZRanaghat , Singhabad , Raxaul
Page 66 and 67: Export Obligation 4.22 Fulfillment
Page 68 and 69: (iii)(iv)Within eligible entitlemen
Page 72 and 73: However, in case of submission of r
Page 74 and 75: Time Period 4.46 Application for ob
Page 76 and 77: c) An affidavit by exporter about l
Page 78 and 79: Monitoring of 4.67 Provision of par
Page 80 and 81: Value Addition 4A.2.1 Under scheme
Page 82 and 83: (c)Foreign Exchange Encashment Cert
Page 84 and 85: 4A.15.24A.15.3Goods shall be cleare
Page 86 and 87: 60 days of close of exhibition. How
Page 88 and 89: ate that he may have booked with bu
Page 90 and 91: Replenishment 4A.28 A Replenishment
Page 93 and 94: CHAPTER-5EXPORT PROMOTION CAPITAL G
Page 95 and 96: 5.7.1 EPCG authorisation holder sha
Page 97 and 98: 5.8.5 Deleted5.8.6 Deleted.Authoris
Page 99 and 100: Redemption 5.13 As evidence of fulf
Page 101 and 102: (c)For all EPCG authorizations, aut
Page 103 and 104: CHAPTER-6EXPORT ORIENTED UNITS (EOU
Page 105 and 106: 6.5.3 Exporter shall have flexibili
Page 107 and 108: (d)(e)Goods already imported / ship
Page 109 and 110: in Annexure to Appendix 14-I-F to D
Page 111 and 112: (including commercial training), su
Page 113 and 114: (b)(c)(d)In case of re-import, such
Page 115 and 116: Samples 6.29.1 EOU / EHTP / STP / B
Page 117 and 118: (1) Conversion of sick / closed DTA
Page 119 and 120: Depreciation norms 6.36.3 For capit
Page 121 and 122:
S. No Category of Application Time
Page 123 and 124:
CHAPTER - 7SPECIAL ECONOMIC ZONESPo
Page 125 and 126:
CHAPTER - 8DEEMED EXPORTSPolicy 8.1
Page 127 and 128:
Procedure for claiming 8.4 In respe
Page 129 and 130:
CHAPTER - 9MISCELLANEOUS MATTERSCha
Page 131 and 132:
application is complete and admitte
Page 133 and 134:
(iii) From land-locked Date of disp
Page 135 and 136:
APPENDICESAPPENDICES ARE AN INTEGRA
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