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TMI BlogGuidelines for execution of BG/LUT with Regional Authorities for filing application under DEPB scheme and Incentive schemes of Chapter 3 of FTP without the requirement of Bank Realisation Certificate - regarding.X X X X Extracts X X X X X X X X Extracts X X X X ..... Subject:- Guidelines for execution of BG/LUT with Regional Authorities for filing application under DEPB scheme and Incentive schemes of Chapter 3 of FTP without the requirement of Bank Realisation Certificate - regarding. Attention is invited to DGFT Notification No. 88 and Public Notice No. 151, both dated 26.02.2009, wherein the procedure for availing the benefit of DEPB and the Chapter 3 Incentive schemes (Having transferability facility) have been relaxed to the extent that at the time of filing the application for the respective schemes, Bank Realisation Certificate (BRC) shall not be mandatory. An exporter has the option either to file the application without BRC or with BRC. 2. This facility shall be available for application ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... procedure laid thereunder. 6. In case the actual FOB realisation is more than the FOB endorsed in the Shipping Bill (on which duty credit has been allowed), supplementary claim shall be required to be filed within 6 months of realisation as per the existing application format for DEPB application along with the applicable application fee, other documents and declaration stated in the application format / policy. However in case the original application was filed along with the manual copies of original shipping bills to RA, shipping bill copies shall not be required to be submitted again and only the reference original RA file No. and DEPB number/ transferable scrip number (under chapter 3) along with its date of issuance shall be require ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hat effect, as allowed under the policy, are furnished against each scrip so issued, RA concerned shall examine the same and if found in order, shall close the case and intimate the applicant in case of LUT and/or return the BG, as the case may be. 9. In case the scrip is issued without BRC or the documents evidencing realisation of export proceeds, as required under the policy or the procedure laid thereunder, RA shall endorse the following clause in the "condition sheet" attached to the scrip so issued:- "This scrip has been issued without submission of Bank realisation certificate. The applicant shall furnish BRC or other documents evidencing realisation of export proceeds (as allowed under the FTP and the procedure laid thereunder) w ..... X X X X Extracts X X X X X X X X Extracts X X X X
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