9911796707
TMI BlogAmendments and Corrections in the Handbook (Vol 1)X X X X Extracts X X X X X X X X Extracts X X X X ..... DEPB issued would have a validity equivalent to the balance period of validity of the original DEPB on the date of application for the duplicate DEPB. 3) The second sub para of Paragraph 2.20 is corrected as under: "The Status Holders/ PSU's and Manufacturer exporter registered with excise authority with export of Rs.1 crore and above in preceding year and who has not been penalised under the Customs Act, Excise Act, Foreign Trade (Development and Regulation) Act, 1992 and FERA shall be required to furnish Legal Undertaking in the form given in Appendix-21A. Other Manufacturer exporters shall be required to furnish bond supported by Bank Guarantee to the extent of 25% of Excise duty saved and merchant exporters (other than Status Holders/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... give a declaration that they have not been penalised under any of the Acts mentioned in this paragraph." 9) Paragraph 4.15.6 is corrected as under: Where the import of gold/ silver is permitted as an input under this scheme, such gold/silver can be sourced through the nominated agencies as given in Chapter 4 of the Policy for supply against the Advance Licences issued in this behalf. Before supply of this material, the nominated agencies should follow the same procedure as given in 4.15.1 above." (In this correction, para 4.13 has been substituted by 4.15.1) 10) The first sentence of paragraph 4.25(i) pertaining to physical exports is corrected as under: (i) Bank Certificate of Exports and Realisation in the form given in Appendix 22 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... % of FOB value of exports of the preceeding year may be issued on production of Chartered Accountant's Certificate indicating the export performance. This licence shall be non transferable and subject to actual user condition. This replenishment licence shall be valid for duty free import of consumables as notified by customs. Application for import of consumables as given above may be made to the concerned Regional Licensing Authority in the form given in Appendix 13. 16) Paragraph 5.7.6 is corrected as under In case of export of handicraft, handlooms, cottage, tiny sector, computer software, agriculture, aquaculture, animal husbandry, floriculture, horticulture, pisciculture, viticulture, poultry, sericulture and services, the export ob ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and "paragraph 2.55.2" appearing in the note to Appendix 4 and Appendix 4A respectively are corrected as "paragraph 3.12.2". B) The heading of Appendix 6A is corrected as "PROCEDURE FOR DEPOSIT OF APPLICATION FEE" C) The following added at S.No 5 to the list of "Documents to be enclosed with the application form:" under Appendix 9 pertaining to the "Application Form for Grant of Licences for Capital Goods including Computer, Computer Sub-Systems and Service Equipment under the EPCG Scheme" 5. Registration certificate with the Service Tax Authorities. However this is applicable only for service providers. (Pl. refer Cir. No. 10/2002-07, Dt. 01/08/2002 for Registration Certificate from Service Tax Authorities for Service Providers under E ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ght to be imported duty free as replenishment" of Appendix 10 D pertaining to "Application Form for Grant of Duty Free Replenishment Certificate" is corrected as under: S. No Import Item Technical Characteristics (for sensitive items as per para 4.31 of Handbook) Total Quantity Unit of Measurement (U/M) Description ITS(HS) Code Name Code I) Para (h) of Appendix 12 pertaining to the "Format of Project Authority Certificate" may be corrected to read as under:- That supply of goods required in connection with petroleum operations undertaken under petroleum exploration licences or mining leases under International Competitive Bidding is made in accordance with the provisions of paragraph 8.6.5 of the Handbook (Vol.1) and the import ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ks Accountant/ Company Secretary under Appendix 17 pertaining to the "Application for grant of Export House/ Trading House/ Star Trading House/Super Star Trading House" is corrected as under: M/s and their subsidiary company namely M/s . (full name and address of the applicant) have made the exports for each of the three preceding licencing years as specified in the statement of exports at Sl. No . N) The provisions pertaining to the surrender of Special Import Licence in cases of default at S.No (x) of Appendix 21 A pertaining to the "Form of Legal Agreement/ Undertaking" stands deleted. (This correction is on account of the discontinuation of Special Import Licence.) O) S.No 2. (10) on "Applications for grant of split ..... X X X X Extracts X X X X X X X X Extracts X X X X
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