TMI BlogDUTY EXEMPTION / REMISSION SCHEMEX X X X Extracts X X X X X X X X Extracts X X X X ..... ublished, an application in ANF 4B, along with prescribed documents, shall be furnished to concerned Norms Committee (NC) at DGFT Headquarter for fixation of Norms. In such cases, original copy of application along with prescribed fee shall be filed with RA concerned and a self-attested copy of same shall be filed with NC. Authorisation in such cases shall be issued by RA as per NC recommendation. NC shall also function as a recommendatory authority for SION. DGFT may notify such norms. 4.4.3 Applications, where Acetic Anhydride, Ephedrine and Pseudo-ephedrine is required as an input for import, shall be filed with RA concerned. Copies of such applications shall also be simultaneously endorsed to the Drug Controller of India, Nirman Bhawan, New Delhi, Narcotics Commissioner, Central Bureau of Narcotics, Gwalior and respective Zonal Director of Narcotics Control Bureau, alongwith a declaration that applicant will maintain prescribed records and also submit prescribed returns. 4.4.4 RA, while issuing Advance Authorisation for import of Acetic Anhydride, Ephedrine and Pseudo- ephedrine, shall endorse a condition that before effecting imports, NOC shall be obtained from N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ingredients containing vitamins, no Authorisation shall be issued by RA and applicants may apply under Para 4.4.2 above. Where export and / or import of bio-technology items are involved, Authorisation under this paragraph shall be issued by RA only on submission of a "No Objection Certificate" from Department of Bio-technology. Entitlement 4.7.1 CIF value of one or more such Authorisations shall be maximum500% of FOB and / or FOR value of preceding year's exports and / or supplies in case of status holders, and Rs. 5 crore or 500% of the FOB and / or FOR value of preceding year exports and / or supply, whichever is more, for others. However, in cases where NC has already ratified norms for same export and import products in respect of an Authorization obtained under paragraph 4.7, such norms shall be valid for a period of one year reckoned from the date of ratification. In such cases Authorisations shall be issued by RA concerned under "Adhoc Norms Fixed" category and application copies need not be forwarded to NC for fixation / ratification of norms. Authorisation holder in such cases shall be entitled for further Authorisation(s) as per norms ratified by NC wi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n of decision of the Norms Committee] 4.7.6 In such cases, where norms are not finalised by NC within four months from Authorisation issue date, norms as applied for shall be treated as final and no adjustment will be made. However, where application for fixation of adhoc / SION is rejected on account of non-furnishing of required documents / information, Authorisation holder shall be liable for penalty as stated in above paragraph. In case SION for the said product is notified, SION would be made applicable for deciding wastage norm and EO. In such cases where export obligation is completed pending fixation of norms by NC, entitlement for Authorisation as given in paragraph 4.7.1 may be re-credited upon production of documentary evidence (copies of Shipping bill / bill of export / Central Excise certified copies of invoices) showing fulfillment of export obligation in respect of previous Authorisations. However, bond waiver / redemption shall not be allowed pending fixation of norms in such cases. Financial Powers 4.8 11 [Omitted] Standardisation of Adhoc Norms 4.9 For standardization of norms, an application may be made by manufacturer expor ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... quantity of each item to be imported or wherever quantity cannot be indicated, value of item shall be indicated. However, if in SION, quantity and value of individual inputs is a limiting factor, same shall be applicable. (c) aggregate CIF value of imports; and (d) FOB / FOR value and quantity of exports / supplies. Exports in Anticipation of Authorisation 4.12 Exports / supplies made from the date of EDI generated file number for an Advance Authorisation, may be accepted towards discharge of EO. Shipping / Supply document(s) should be endorsed with File Number or Authorisation Number to establish co-relation of exports / supplies with Authorisation issued. The requirement of endorsement of file number or Authorisation number on the shipping bill would be dispensed with once the EDI Data Transmission System for the shipments becomes operational. If application is approved, authorisation shall be issued based on input / output norms in force on the date of receipt of application by RA in proportion to provisional exports / supplies already made till any amendment in norms is notified. For remaining exports, Policy / Procedures in force on authorisation issue da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Authorisation / DFIA. An ARO issued for procurement of an individual item shall be automatically valid for procurement from one or more indigenous sources. Back to Back Inland Letter of Credit (L/C) 4.15 Exporter may alternatively avail facility of a back to back inland letter of credit from banks. An Advance Authorisation / DFIA holder may approach a bank for opening an inland letter of credit (L/C) in favour of an indigenous supplier. 4.15.1 Before opening the L/C, bank will ensure that necessary BG / LUT has been executed by Advance Authorisation / Non Transferable DFIA holder and an endorsement to that effect has been made on the Authorisation. However, execution of BG / LUT shall not be required against transferable DFIA. After opening inland L/C, bank shall make following endorsement on Exchange Control and Customs copy of Advance Authorisation / DFIA: Value of this Advance Authorisation / DFIA stands reduced by a sum of Rs. ________ , being value of inland L/C No.________ opened today by Authorisation holder in favour of M/s ____________________ (name and address of indigenous supplier). 4.15.2 Authorisation shall be invalidated by bank for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... risation is not registered / not required to be registered with Central Excise authority, job work may be allowed as per Central Excise Rules and regulations, without insisting for endorsement of supporting manufacturer's name. However, Authorisation holder shall be solely responsible for imported items and fulfillment of EO. In case BG / LUT has been redeemed, Advance Authorization holder can get duty free inputs processed from any manufacturer under Actual User condition as per job work regulations prescribed under Central Excise Rules. However such restriction shall not be applicable in case of transferable DFIA holder. Facility of Co- Licensee 4.17 Deleted. Acceptance of BG/LUT 4.18 At the time of issue of Authorisation, acceptance of undertaking given by applicant to RA concerned in relevant ANF will be endorsed on the reverse of Advance Authorisation. Authorisation holder shall execute Bank Guarantee / Legal Undertaking, as the case may be, in terms of para 2.20 of HBP v1. Port of Registration 4.19 Advance Authorisation shall be issued for the purpose of import and export through one of sea ports or airports or ICDs or LCS specif ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ble only for redemption / regularisation of cases and no further import or export shall be allowed. For this facility, Authorisations are required to have been issued under similar Customs notification even pertaining to different financial years. However in case of Authorisations issued in 2004-09 period, Advance Authorisations with different customs notification can be clubbed. 4.20.1 RA, under whose jurisdiction Authorisation is issued or NC in other cases, shall consider a request in ANF 4D for clubbing all imports and exports of more than one Advance Authorisation provided imported inputs are properly accounted for as per norms. Value addition of the Authorisations so clubbed shall be average of minimum value addition prescribed in FTP and Procedure laid thereunder, imposed on individual Authorisations. Upon clubbing, Authorisations shall, for all purposes, be deemed to be one Authorisation and thereafter shortfall, if any, shall be regularized in terms of para 4.28 of HBP v1. 4.20.2 Accountability of imports and exports shall be restricted in relation to individual categories of Advance Authorisations including Advance Authorisation for annual requirements. 4.20.3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gation (EO) Period and its Extension 12 [4.22 Fulfillment period of EO under Advance Authorisation shall commence from Authorisation issue date, unless otherwise specified. EO shall be fulfilled within 24 months except in case of supplies to projects/turnkey projects in India/abroad under Deemed Export category where EO must be fulfilled during contracted duration. EO period for Advance Authorisations issued with input(s) as mentioned in Appendix 30A shall be as per the period stipulated against each entry therein. Facility of extension of EOP shall not be allowed in case of Advance Authorisation issued for these inputs. RA shall make an endorsement in Advance Authorisation to this effect. ] 4.22.1 Request for extension in EOP may be made in ANF 4E. RA shall grant one extension for six months from expiry date with payment of composition fee of 2% of duty saved on all unutilized imported items as per Authorisation. Request for a further extension of six months may be considered by RA with payment of composition fee of 5% of duty saved, based on all unutilized imported items as per Authorisation. 13 [ Facility of extension of EOP shall not be allowed in case o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ase of status certificate holder) for realisation of foreign exchange has not become due, RA shall not take action for non submission of bank certificate of exports and realisation, provided other document substantiating fulfillment of EO have been furnished. 4.24.1 In case Authorisation holder fails to complete EO or fails to submit relevant information / documents, RA shall take action by refusing further Authorisations, enforce condition of Authorisation and Undertaking and also initiate penal action as per law. Advance Authorisation for Annual Requirement 4.24A (a) Exporters eligible for such Authorisations shall file anapplication in ANF 4A to RA concerned. All provisionsas to Advance Authorisation given above would applyexcept the following: (i) RA while issuing Authorisation shall mention technical characteristics quality and specifications in respect of following inputs:- Alloy steel including stainless steel, copper alloy, synthetic rubber, bearings, solvents, perfumes/essential oils/aromatics chemicals, surfactants, relevant fabrics and marble. (ii) Authorisation holder shall have flexibility to export any product falling under export product group usin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Export Obligation Discharge Certificate (EODC) / bond waiver by RA. Ordinarily, redemption of BG / LUT shall not preclude customs authority from conducting random checks and from taking action against Authorisation holder for any misrepresentation, misdeclaration and default detected subsequently. Further RA shall also take action against authorisation holder in case of non-submission of Appendix 23, duly filled in, as stipulated in Paragraph 4.30 below or for any misrepresentation, misdeclaration and default detected subsequently in details declared and furnished in Appendix 23. An endorsement to this effect shall be made by RA in the redemption certificate. Transitional Arrangement for Authorisations issued upto 31.8.2004 4.27 Advance Licences, including Advance Licences for Annual Requirement issued upto 31.8.2004, shall be governed by provisions contained in Chapter-7 of HBP v1 (RE-2001) and Chapter 4 of HBP v1 (2002-2007) as Notified on 31.3.2002 respectively as amended from time to time, excepting provisions relating to clubbing and extension in E.O. period which shall be governed by provisions of paragraphs 4.20 and 4.22.1 respectively above, and any ot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... an option to get the Authorisation cancelled and apply for drawback after obtaining permission from Customs authorities for conversion of shipping bills to Drawback Shipping Bills. (v) RA shall compare relevant portion of Appendix-23 duly verified and certified by Chartered Accountant with that of norms allowed in Authorisation(s) and actual quantity imported against Authorisation(s) in the beginning of licensing year for all such Authorisations redeemed in preceding licensing year. In this verification process, in case it is found that Authorisation holder has consumed lesser quantity of inputs than imported, Authorisation holder shall be liable to pay customs duty on unutilized value of imported material, alongwith interest thereon as notified, or effect additional export within the EO period. Time Period For Depositing Fines, Customs Duty, Etc. 4.29 Customs duty with interest to be recovered from Authorisation holder on account of regularisation or enforcement of BG / LUT, shall be deposited by Authorisation holder in relevant Head of Account of Customs Revenue i.e., "Major Head 0037 - Customs and minor head 001- Import Duties" in prescribed T.R. Challan, within 30 da ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t entitlement availed / allowed against lost Shipping Bills / BRC. Customs Authority, before allowing redemption of BG / LUT or clearance after endorsement of "No BG / LUT condition" or endorsement of transferability, shall verify the genuineness of such shipping bill (s) and ensure that no double benefit against such shipping bill has been availed. This specific condition shall be endorsed by RA concerned on the EODC.] However, in case of submission of reconstructed copy of shipping bill in lieu of original shipping bill, conditions at b), c) and d) above shall not be applicable. Duty Free Replenishment Certificate (DFRC) 4.31 to 4.36A Deleted. DUTY ENTITLEMENT PASSBOOK (DEPB) SCHEME Duty Entitlement Passbook (DEPB) Scheme 4.37 Policy relating to Duty Entitlement Passbook (DEPB) Scheme is given in Chapter-4 of FTP. Duty credit under the scheme shall be calculated by taking into account deemed import content of said export product as per SION. Value addition achieved by export of such product shall also be taken into account while determining the rate of duty credit under the scheme. Fixation of DEPB Rate 4.38 ANF 4C prescribes for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nance, as applicable on the date of order of "Let Export" by Customs. 4.43A In respect of consignment exports wherein exporter has declared FOB value on a provisional basis, exporter shall be eligible for final assessment of such shipping bill based on actual FOB realised upon sale of such goods in freely convertible currency. 4.43B An application for grant of credit for supplies from DTA to SEZ can be made by DTA unit or SEZ unit. DTA unit may claim benefits either from RA or Development Commissioner concerned. In case claim have been filed with RA, RA while allowing benefits to the DTA unit will simultaneously endorse a copy of communication to concerned Development Commissioner alongwith details of export documents . In case DTA supplier prefers claim with Development Commissioner, the Development Commissioner will verify Denied Entity List (DEL) status of supplier from DGFT website before allowing DEPB benefits. SEZ unit will file application with Development Commissioner concerned in ANF 4G along with prescribed documents. 4.44 DEPB shall be issued with transferable endorsement after payment confirmation. In other cases, DEPB shall be initially issued with non-tra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shall be filed within six months from date of release of such shipping bill. ] Frequency of Application 4.48 All shipping bills in any one application must relate to exports made from one Custom House only. There is no limit on number of shipping bills which can be filed through EDI mode in a single application. Verification by Customs 4.49 In case of EDI shipping bills before 1.10.2005 and non-EDI shipping bills, RA shall ensure that while issuing DEPB, Shipping Bill No(s) and date(s), FOB value in Indian Rupees as per Shipping Bill(s) and description of export product are endorsed on DEPB. Before allowing imports against such DEPB, Customs shall verify that details of exports, as given on DEPB, are as per their records. However, in case of EDI shipping bills issued on or after 1-10-2005 from EDI ports which are being transmitted electronically by Customs to DGFT, DEPBs issued shall be sent to Customs at port of registration through an electronic message exchange system, and DEPB shall be registered at port of registration electronically. No verification of shipping bills against which such DEPBs have been issued, will be required before allowing impo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... authority in lieu of original loss; (b) An application fee equivalent to 2% of the DEPB entitlement in respect of lost BRC; (c) An affidavit by exporter about loss of BRC and an undertaking to surrender it immediately to RA, if found subsequently; (d) An indemnity bond by exporter to the effect that he would indemnify Government for financial loss, if any, on account of DEPB issued against lost BRC. Claim against lost BRC shall be preferred within a period of six months from date of realisation and application received thereafter will be rejected. In such cases, where both documents have been lost, exporter shall follow procedure laid down in paragraph 4.52 and 4.53. Time period for such application shall be as per paragraph 4.52 and 4.53, whichever is later. DUTY FREE IMPORT AUTHORISATION (DFIA) SCHEME Duty Free Import Authorisation (DFIA) Scheme 4.54 Policy relating to the Duty Free Import Authorisation (DFIA) Scheme is prescribed in Chapter 4 of FTP. Application 4.55 An application in ANF 4H along with documents therein, shall be submitted to RA concerned. 4.55.1 Guidelines as in paragraph 4.4.1 and 4.4.3 above would be adhered to. 4.55 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egarding - Original validity of import of DFIA) Re-export of goods imported under DFIA Scheme 4.66 Goods imported against transferable DFIA, which are found defective or unfit for use, may be re-exported, as per DoR guidelines. In such cases 95% of CIF value debited against DFIA for export of such goods, shall be generated by concerned Commissioner of Customs as an Authorisation, containing amount generated and the details of original DFIA. Based on the certificate, a fresh DFIA shall be issued by concerned RA. Fresh DFIA, so issued, shall have same port of registration and shall be valid for a period equivalent to balance period available on date of import of such defective/unfit goods. Monitoring of Export Obligation 4.67 Provision of paragraph 4.24 above shall apply. Fulfillment of Export Obligation and maintenance of proper accounts of imports 4.68 Provision of paragraph 4.25 above shall apply. Original DFIA holder shall maintain a true and proper account of consumption and utilisation of duty free imported / domestically procured goods against each authorisation as prescribed in Appendix-23. These records are required to be sent to concerned RA a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eds are realised. For export proceeds realised during month, consolidated application for entire month shall be filed. 4A.1.2 Deleted 4A.1.3 In case where payment is received in advance and exports take place subsequently, application for REP Authorisation shall be filed within six months following the month during which exports are made. 4A.1.4 For purpose of clarity, it is again reiterated that the month in which the export has been made in case of advance payment and the month in which export proceeds have been realised, in part or full after making of exports, shall be excluded while calculating period of six months for filing of application for REP Authorisation. Wastage Norms 4A.2 Wastage or manufacturing loss on gold/silver/ platinum jewellery and articles thereof is as follows: Item of exports Percentage of wastage by weight with reference to Gold / Platinum / Silver content in export item Gold/ Platinum Silver (a) Plain jewellery and articles and ornaments like Mangalsutra containing gold and black beads/ imitation stones, cubic zirconia diamonds, precious, semi-precious sto ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... em REP Authorisations issued against export of studded gold / silver / platinum jewellery articles, shall also be valid for import of cut and polished precious / semi-precious stones other than emerald, upto 10% of CIF value of Authorisation, within its overall CIF value. 4A.4.1 Gem REP Authorisation are available as per scale given in Appendix-12B. Filing of Application 4A.4.2 (i) An application for Gem Rep Authorisation may be given to RA concerned as given in Appendix-1A in the form given in Appendix-22-F alongwith prescribed documents. (ii) In case E.P Copy of Shipping Bill and Customs attested invoice is submitted to nominated agencies, exporter shall furnish a self certified photo copy of same along with a certificate from nominated agencies certifying carat / value of studdings in case of studded jewellery and excess value addition achieved in case of plain jewellery and articles. (iii) Provision of paragraph 4A.1.1 to 4A.1.4 will also be applicable for Gem Rep Authorisations. Agency Commission 4A.5 Exporter availing scheme of gold / silver / platinum jewellery are allowed to pay agency commission. Value addition shall be calculated afte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed mutatis mutandis. Conversion of Purity/Fineness 4A.9 For conversion of quantity of gold/ silver/platinum in terms of equivalent quantity in terms of fineness, following formula shall be used: (i) Where item of gold has been exported in terms of carats,quantity of gold shall be multiplied by number of carat ofgold exported, divided by 24 and thereafter again dividedby 0.995/0.999/0.900 to arrive at equivalent quantity ofgold in terms of fineness of 0. 995/ 0. 999/ 0.90 0respectively; and (ii) Wherever purity of item of export is expressed in terms of fineness, the quantity of gold/silver/platinum shall be multiplied by fineness of gold/silver/platinum exported and thereafter divided by 0.995 / 0.999 / 0.900 to arrive at equivalent quantity of gold/ silver/platinum in terms of 0.995 / 0.999 / 0.900 fineness respectively. Release of Gold/ Silver/ Platinum by Nominated Agencies 4A.10 Gold / silver / platinum shall be released to exporter of jewellery by nominated agencies/RBI authorised banks in multiples of 10 gms or in Ten Tola Bars in respect of gold. However, silver shall be released to exporters in multiples of 1 Kg only. Any balance of gold/ silver ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tc. BG / LUT, executed with Customs shall be valid for one year. In case of direct supply to Status Holder / exporter, exports shall be completed within 90 days. In case of non-fulfillment of EO / non-achievement of stipulated value addition, Customs Department shall proceed to recover custom duty alongwith interest which may include enforcement of BG /LUT. Besides importer will be liable to penal action under Customs Act 4A.15.1 Nominated agency / Status Holder / exporter shall be liable to pay customs duty leviable on that quantity which is proved to have been not exported. 4A.15.2 Goods shall be cleared through Customs by nominated agency Status Holder / exporter. Even where export order is received by an Associate, goods shall be cleared through Customs by nominated agency only and not Associate. Associate shall, in such cases, authorise nominated agency to act as its agent to file Bill of Entry and shipping bill. 4A.15.3 At time of export, shipping bill presented to Customs shall also contain the following: (i) Name and address of associate / Status Holder / exporter; (ii) An endorsement by nominated agency that export is made against an order received by con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt indicating items, its quantity and value supplied by foreign buyer, corresponding Bill of Entry number and date, number of each of shipping bills against which corresponding exports was made. Maintenance of Accounts 4A.16 Nominated agency shall maintain complete account, consignment-wise, of the gold, silver, platinum, mountings, findings / plain semi-finished gold / silver / platinum jewellery etc. imported for execution of each export order, exports effected and quantity of gold, silver, platinum mountings, findings etc. released against such exports. For direct exports, similar accounts shall also be maintained by Status Holder. Such accounts shall be maintained for a minimum period of three years from date of exports. Export Through Exhibitions/Export Promotion Tours/Export of Branded Jewellery 4A.17 Nominated agencies shall produce to Customs Authorities, letter in original or its certified copy, containing Government's approval for holding exhibition /export of branded jewellery. Any other person shall produce to Asst. Commissioner Customs, letter in original or its certified copy containing GJEPC's approval for holding exhibitions / export promotion t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ery is also permitted with approval of Gem Jewellery EPC for display / sale in permitted shops set up abroad or in showroom of their distributors/ agents. Items not sold abroad within 365 days shall be re-imported. Exporter shall book with nominated agency within 120 days after the end of stipulated period of 365 days, gold/silver/platinum for replenishment content against items sold abroad. (b) Following documents shall be submitted for claiming such replenishment: (i) Customs attested invoice; (ii) Copy of the approval letter issued by Government/GJEPC; (iii) Certificate from nominated agency / GJEPC as inAppendix-22F. (c) In case of exhibitions organised by nominated agencies, gold / silver / platinum shall be imported as replenishment by nominated agencies within 60 days from close of exhibition. 4A.19 Nominated agencies shall maintain a complete account of exports made, goods sold abroad, goods re-imported, and metals purchased abroad and imported into India. Such account shall be maintained for a minimum period of three years from date of close of exhibition. Export Against Supply By Nominated Agencies 4A.20 Exporter may obtain gold / silver / platinu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n amount as may be prescribed by nominated agency. On failure to effect exports within period prescribed, the nominated agencies shall enforce BG / LUT, as the case may be. 4A.22.1 Exports shall be effected within a maximum period of 90 days from date of outright purchase of precious metal. Loan Basis 4A.23 Exporter may obtain required quantity of precious metal on loan basis subject to furnishing of BG / LUT, for customs duty to nominated agencies, for an amount as may be prescribed by nominated agencies. On failure to effect exports within period prescribed, the nominated agencies shall enforce the BG / LUT. 4A.23.1 Exporter has to pay interest on gold taken on loan basis at the rate as may be specified. 4A.23.2 Export has to be completed within a maximum period of 90 days from date of release of gold on loan basis. No extension for fulfillment of EO shall be allowed. 4A.23.3 Exporter shall be permitted to export jewellery on the basis of a notional rate certificate to be issued by nominated agency / GJEPC. This rate will be based on prevailing Gold/USD rate and the USD/ INR rate in notional rate certificate. Certificate issued by nominatedagency / GJ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ustoms) for Jewellery made out of precious metals (other than Gold Platinum) equal to 2% and for Cut and Polished Diamonds and Jewellery made out of Gold and Platinum equal to 1% of FOB value of exports of the preceding year, may be issued on production of Chartered Accountant's Certificate indicating the export performance. However, in case of Rhodium finished Silver jewellery, entitlement will be 3% of FOB value of exports of such jewellery. This Authorisation shall be non-transferable and subject to actual user condition. 4 [The application for import of consumables etc., as given above, may be made to the concerned RA in ANF 4 I. The aforesaid facility shall be applicable for exports of 2006-07 also.] Personal Carriage of Gems Jewellery Export Parcels 4A.29 Personal Carriage of gems jewellery parcels by Foreign Bound Passengers from all EOU / SEZ units and all firms in DTA, through Airports in Delhi, Mumbai, Kolkata, Chennai, Cochin, Coimbatore, Bangalore, Hyderabad, Jaipur is permitted. Procedure for Personal Carriage of exports shall be as prescribed by Customs. Export proceeds shall, however, be realised through normal banking channel. For claiming Repleni ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t be allowed through Hand Baggage. Detailed procedure including value addition requirement and export obligation etc. for operationalisation of the facility under this paragraph shall be notified separately by DGFT. Export of Diamond, Gemstone Jewellery on consignment basis 4A.35 Policy for export of diamond, gemstone and jewellery on consignment basis is given in paragraph 4A.23 of FTP. Detailed procedure in this regard shall be governed as per the relevant Customs Rules Regulations. Re-import of these items (either in complete or partial lot) exported on consignment basis shall be subject to condition that exporter follows prescribed provisions of relevant customs notification to establish that goods are the same which were exported. *********** Notes: 1.Paragraph 4.19, Seaports: - Haldia and Airport:- Dabolim (Goa) inserted vide public notice no. 03 dated 11-4-2008 2.Paragraph at the end of para 4.7.5 inserted vide PUBLIC NOTICE No. 21(RE-2008) /2004-09 dated 2-6-2008 3. Sub paragraph at the end of paragraph no. 7.22.1 inserted vide PUBLIC NOTICE No. 22 (RE-2008) /2004-09 dated 2-6-2008 4. Has been added vide Public Notice No ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (d) Gold / silver / platinum medallions coins (excluding coins of nature of legal tender) 2% (e) Gold / silver / platinum findings / mountings manufactured by mechanised process 3% 11. Has been Omitted vide Public Notice No. 99 (RE 2008)/2004-2009 dated 30/10/2008 before it was read as, "4.8 Financial powers of RA and NC are given in table below: Category of Application On published norms and under paragraph 4.7 of HBP v1 RA RA on recommendation of DGFT Hqr (SION cases) / NC (Adhoc Norms cases) Advance Authorisation for Petroleum /Petrochemical products Advance Authorisation for Annual Requirements Others Advance Authorisation for Petroleum / Petrochemical products Advance Authorisation for Annual Requirements Others CIF value of Authorisation Below Rs. 500 crore Below Rs. 100 crore Rs.500 crore or above Rs. 100 crore or above" 12. Replaced vide PUBLIC NOTICE NO. 135/2008, DT. 15/01/2009, dated 15/01/2009, before it was read as:- Fulfillment Period of EO under an Advance Authorisation sh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecovery of an amount equivalent to DEPB credit with interest as notified. Recovered amount in such cases shall be deposited in head of account of Customs as stated in paragraph4.29 above. 16. Omitted vide PUBLIC NOTICE No.151 (RE-2008)/2004-09, dated 26/02/2009, before it was read as:- If export proceeds are not realised within the stipulated time period, DEPB holder shall pay in cash an amount equivalent to duty free credit utilised on imports, against such exports with interest as notified, from date of import till date of deposit. If amount realised in foreign exchange is less, then payable amount would be reduced proportionately. 17. Replaced vide PUBLIC NOTICE No.151 (RE-2008)/2004-09, dated 26/02/2009, before it was read as:- 4.46 Application for obtaining credit shall be filed within a period of twelve months from the date of exports or the date of up linking of EDI shipping bill details in the DGFT website, or within six months from the date of realisation, or within three months from the date of printing / release of shipping bill, whichever is later, in respect of shipments for which claim has been filed. Application for obtaining credit shall be filed ..... X X X X Extracts X X X X X X X X Extracts X X X X
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