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PROCEDURE OF ELECTRONIC FUND TRANSFER

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..... k have been designated to accept funds by way of Electronic Fund Transfer (EFT). 2. Mode of filing Application shall have to be filed electronically where net banking payments facility is being used, i.e. application particulars shall have to be submitted on the DGFT web site with digital signature. 3. Scale of Application fee. PARTICULARS Amount of fee (in rupees) Two hundred. 1. Application for import license (except for DEPB and EPCG) where CIF value of goods specified in the application does not exceed Fifty thousand. 2. Application for import license where CIF value of goods specified in the application exceeds Rupees Fi .....

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..... art thereof subject to minimum of Two hundred and maximum of One Lakh. However, for applications filed electronically, the max. fee would be Rs. Fifty thousand. NOTE: 1 Notwithstanding the above, the application fee for all applications filed electronically would be 50% of the amount specified in this Table. The word Electronically wherever appearing in this Appendix would mean Digitally Signed and submitted through EFT on DGFT Website (Online/Offline). NOTE : 2 No application fee shall required to be paid for any of the Schemes under Chapter 3 of FTP. NOTE : 3 In cases, where a new Advance Authorisation, EPCG and DEPB authorisation is issued by RA in lieu of the earlier authorisation (which has been cancell .....

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..... In case the exporter needs to add further payments against the particular e-com number he may do so within the same day i.e. upto 24.00 hrs. For each additional payment the bank shall generate a unique payment ID. Against one e-com number only one bank shall be required to make all payments. 4. Exemption from Payment of fee. No fee shall be payable in respect of any application made by such class or category of applicant as specified in the Foreign Trade (Regulation) Rules, 1933. 6. Refund of Application fee 1. The fee once received will not be refunded except in the following circumstances viz., a) Where the fee has been deposited in excess of the specified amount of fee; or b) Where fee has been deposited but no appl .....

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..... ions nodal officers of :- ICICI bank are :- For banking clarifications nodal officers of :- ICICI bank are :- i) Shri Rajib Ranjan, Phone No. 91 11 2430 8416, E-mail :- rajib.ranjan@icicibank.com and ii) Satish Mohan, Phone No. 91 11 2430 8408, E-mail:- satish.mohan@icicibank.com HDFC Bank are :- i) Shri Pankaj Gaikwad, Phone No. 022 - 28524900 ( Ext. 1840 ) E-Mail :- Pankaj.Gaikwad@hdfcbank.com , ii) Shri Sameer Gawande, Phone No. 022-28524900 ( Ext 1530 ) iii) Shri Rakesh Watal, Phone No.022-28524900 (Ext 1509 ), E-mail :- Rakesh.watal@hdfcbank.com State Bank of India are:- i) Shri S.K. Gupta, Asst. Genl. Manager(Business Control) Phone No.022-22022487 E-Mail:- agmbc@sbiid.c .....

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