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

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

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Replenishment 4A.28 A Replenishment Authorisation for duty free import of consumables,Authorisation fortools, machinery and equipments (as notified by Customs)Import offor Jewellery made out of precious metals (other than Gold &Consumables etc.Platinum) equal to 2% and for Cut and Polished Diamonds andJewellery made out of Gold and Platinum equal to 1% of FOBvalue of exports of the preceding year, may be issued on productionof Chartered Accountant’s Certificate indicating the exportperformance. However, in case of Rhodium finished Silverjewellery, entitlement will be 3% of FOB value of exports ofsuch jewellery. This Authorisation shall be non-transferable andsubject to actual user condition.Personal Carriage of 4A.29 Personal Carriage of gems & jewellery parcels by Foreign BoundGems & JewelleryPassengers from all EOU / SEZ units and all firms in DTA, throughExport ParcelsAirports in Delhi, Mumbai, Kolkata, Chennai, Cochin,Coimbatore, Bangalore, Hyderabad, Jaipur is permitted.Procedure for Personal Carriage of exports shall be as prescribedby Customs. Export proceeds shall, however, be realised throughnormal banking channel. For claiming Replenishment in case ofPersonal Carriage of Exports by Foreign Bound passenger,documents shall be same as mentioned under paragraph 4A.21.2above. Authorised Courier Companies are also permitted tooperate on the above lines.Personal Carriage of 4A.30 Personal carriage of gems & jewellery import parcels by an IndianGems & Jewellery importer / Foreign National may be permitted into all EOUs /Import ParcelsSEZ units and all firms in DTA through airports in Delhi, Mumbai,Kolkata, Chennai, Bangalore, Hyderabad, Jaipur. Procedure willbe same as for import of goods by air-freight, except that parcelsshall be brought to Customs by Importer / Foreign National forexamination and release. Clearance of imports under this schemeshall be as per normal customs clearance procedure.Duty free import 4A.31 Duty free import of gems and jewellery samples upto Rs 3 lakhsof samplesor 0.25% of the average of last three years export turnover ofgems and jewellery items, whichever is lower, shall be allowed ina financial year as per of Customs notification.Re-import of 4A.32 An exporter of plain/ studded precious metal jewellery shall berejected jewelleryallowed to re-import duty free jewellery rejected and returned bybuyer upto 2% of FOB value of exports in preceding licencingyear (based on CA certified copy of export of preceding year)with refund of any duty exemption/refund/replenishment benefitavailed on inputs used, as per customs rules and regulations.4A.32.1Deleted.90

Diamond & Jewellery 4A.33 Policy for Diamond and Jewellery Dollar Accounts is given inDollar Accountsparagraph 4A.19 of FTP. Detailed procedure for its operationwill be notified separately.Import of precious 4A.34 Policy for Import of precious metal scrap/used jewellery for meltingmetal scrap/usedand re-export of jewellery is given in paragraph 4A.21 of FTP.jewellery for meltingProcedure is laid as under:and re-export of jewelleryImported precious metal scrap / used jewellery shall be allowedto be cleared by Customs subject to the condition:a) that importer files a bond along with Bank Guarantee fora sum equivalent to one and half times customs dutyleviable on said used jewellery/precious metal scrap;b) importer fulfils the export obligation and value addition asnotified by Central Government;c) such import will not be allowed through Hand Baggage.Detailed procedure including value addition requirementand export obligation etc. for operationalisation of thefacility under this paragraph shall be notified separatelyby DGFT.Export of Diamond, 4A.35 Policy for export of diamond, gemstone and jewellery onGemstone & Jewelleryconsignment basis is given in paragraph 4A.23 of FTP.on consignment basisDetailed procedure in this regard shall be governed as per therelevant Customs Rules & Regulations. Re-import of these items(either in complete or partial lot) exported on consignment basisshall be subject to condition that exporter follows prescribedprovisions of relevant customs notification to establish that goodsare the same which were exported.91

Replenishment 4A.28 A Replenishment Authorisation for duty free import <strong>of</strong> consumables,Authorisation fortools, machinery and equipments (as notified by Customs)Import <strong>of</strong>for Jewellery made out <strong>of</strong> precious metals (other than Gold &Consumables etc.Platinum) equal to 2% and for Cut and Polished Diamonds andJewellery made out <strong>of</strong> Gold and Platinum equal to 1% <strong>of</strong> FOBvalue <strong>of</strong> exports <strong>of</strong> the preceding year, may be issued on production<strong>of</strong> Chartered Accountant’s Certificate indicating the exportperformance. However, in case <strong>of</strong> Rhodium finished Silverjewellery, entitlement will be 3% <strong>of</strong> FOB value <strong>of</strong> exports <strong>of</strong>such jewellery. This Authorisation shall be non-transferable andsubject to actual user condition.Personal Carriage <strong>of</strong> 4A.29 Personal Carriage <strong>of</strong> gems & jewellery parcels by <strong>Foreign</strong> BoundGems & JewelleryPassengers from all EOU / SEZ units and all firms in DTA, throughExport ParcelsAirports in Delhi, Mumbai, Kolkata, Chennai, Cochin,Coimbatore, Bangalore, Hyderabad, Jaipur is permitted.Procedure for Personal Carriage <strong>of</strong> exports shall be as prescribedby Customs. Export proceeds shall, however, be realised throughnormal banking channel. For claiming Replenishment in case <strong>of</strong>Personal Carriage <strong>of</strong> Exports by <strong>Foreign</strong> Bound passenger,documents shall be same as mentioned under paragraph 4A.21.2above. Authorised Courier Companies are also permitted tooperate on the above lines.Personal Carriage <strong>of</strong> 4A.30 Personal carriage <strong>of</strong> gems & jewellery import parcels by an IndianGems & Jewellery importer / <strong>Foreign</strong> National may be permitted into all EOUs /Import ParcelsSEZ units and all firms in DTA through airports in Delhi, Mumbai,Kolkata, Chennai, Bangalore, Hyderabad, Jaipur. Procedure willbe same as for import <strong>of</strong> goods by air-freight, except that parcelsshall be brought to Customs by Importer / <strong>Foreign</strong> National forexamination and release. Clearance <strong>of</strong> imports under this schemeshall be as per normal customs clearance procedure.Duty free import 4A.31 Duty free import <strong>of</strong> gems and jewellery samples upto Rs 3 lakhs<strong>of</strong> samplesor 0.25% <strong>of</strong> the average <strong>of</strong> last three years export turnover <strong>of</strong>gems and jewellery items, whichever is lower, shall be allowed ina financial year as per <strong>of</strong> Customs notification.Re-import <strong>of</strong> 4A.32 An exporter <strong>of</strong> plain/ studded precious metal jewellery shall berejected jewelleryallowed to re-import duty free jewellery rejected and returned bybuyer upto 2% <strong>of</strong> FOB value <strong>of</strong> exports in preceding licencingyear (based on CA certified copy <strong>of</strong> export <strong>of</strong> preceding year)with refund <strong>of</strong> any duty exemption/refund/replenishment benefitavailed on inputs used, as per customs rules and regulations.4A.32.1Deleted.90

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