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TMI BlogAmendment in the Handbook of procedure Vol.-I regarding application feeX X X X Extracts X X X X X X X X Extracts X X X X ..... ty thousand. Two hundred 2. Application for import licence where the CIF value of the goods specified in the application exceeds Rupees Fifty thousand, Two per thousand or part thereof subject to a minimum of Rs.Two hundred and maximum of Rs. One lakh and fifty thousand. However, for applications filed electronically, the fee would be Rs.1/1000 or part thereof subject to a minimum of Rs. Two hundred and maximum of rupees Rs. One lakh. 3. Application for import licence filed by SSI units where the CIF value goods specified in application does not exceed Rupees Two lakhs Two Hundred 4. Application for grant of duplicate licence including Duty Entitlement Pass Book. Two hundred 5. Application for issue of certificate of Importer - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cial year 2002-2003. c. within 6 months of the date of importation. These goods would not be transferred or sold for a period of 7 years from the date of installation. d. We/I hereby undertakes that the goods imported would be installed in the factory of the importer within six months from the date of importation. These goods would not be transferred or sold for a period of seven years from the date of installation. e. We/I hereby declare that the above statements are true and correct and nothing has been concealed or held there from. We/I fully understand that any information furnished if proved incorrect or false will render us/me liable for penal action and other consequences as may be prescribed in the FTDR Act 1992, Foreign Trade Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rtificate from jurisdictional Deputy Commissioner Central Excise/Assistant Commissioner of Central Excise or an independent Chartered Accountant, as the case may be, shall be produced confirming installation and use of capital goods and/or office equipments in the importer's factory or premises, within six months from the date of imports or within such extended period as the said Deputy Commissioner of Customs or Assistant Commissioner of Customs may allow." 6. The financial power of the licensing authorities under EPCG scheme given in tabular form in Para 5.3 is amended to read as under- Duty Saved Competent Authority Upto Rs. 50 Crore Regional Licensing Authority concerned Above Rs. 50 Crore Headquarters EPCG Committee This issues ..... X X X X Extracts X X X X X X X X Extracts X X X X
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