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TMI BlogHB Vol.1 Para 7.4(f) - Export of Electronic Product - Scheme AnnouncedX X X X Extracts X X X X X X X X Extracts X X X X ..... a extraordinary, Part-II- Section 3 - Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes following amendment in the Handbook of Procedures (Vol.1) (RE-98), 1997-2002: 1. The following shall be added as paragraph 7.4 (f) after paragraph 7.4(e): "The eligible exporters of Electronic products shall have the option to avail the Special Advance Li ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... years. The new exporter, without having any export performance, would also be entitled to the Advance licence upto 50% of the average domestic production in the proceeding three years or upto Rs. 50 lakhs whichever is higher. The licensing authorities may grant, on application of the exporter, further licences under production program to the extent exports have been completed. 3. Scheme a. An el ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... at the time of clearance of the goods. f. The licence holder shall execute necessary BG/LUT with the Customs before importing the material or procuring from Private Bonded Warehouse. g. The licence holder shall enter the details in the DEEC (Imports) and present the same to the Customs for certification of the goods imported. h. The Designated officer of the Deptt. of Electronics will verify th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . The exporter shall furnish the details of imports and exports made to the designated officer of the Deptt. of Electronics on 6 monthly basis in the prescribed form. k. The facility of sourcing inputs from Private Bonded Warehouse under paragraph 5.15 of Exim Policy will also be applicable. 3. The exempt material which remain unutilised after the expiry of export obligation period, shall be li ..... X X X X Extracts X X X X X X X X Extracts X X X X
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