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MISCELLANEOUS MATTERS

Chapter 9 - Procedure - Foreign Trade Procedure - Foreign Trade Procedure 2015-2020 (From 5-12-2017 to 31-3-2020) Revised - Chapter 9 - CHAPTER 9 9.01 Denomination of Import Authorisation/Licence/ Certificate/ Permissions (a) CIF value of Authorisation / FOB value of export obligation shall be indicated both in Rupees and in freely convertible currency(s) at the exchange rate(s) prevailing on Authorisation issue date. (b) Remittance of foreign exchange and discharge of export obligation against .....

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ade within the country, shall be denominated and discharged in Indian rupees. 9.02 Late Cut Wherever any application for any fiscal/financial benefits under FTP complete in all respects is received after expiry of last date for submission of such application, the application may be considered after imposing a late cut in the following manner: i. Application received after the expiry of last date but within six months from the last date 2% ii. Application received after six months from the prescr .....

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mation within the stipulated time as may be called for by DGFT or any officer duly authorised. Failure to furnish the requisite information within the stipulated time shall warrant Penal action as laid down in the FTP or as per the FT(D&R) Rules,1993. 9.05 Clarifications on Policy/Procedure A request seeking clarifications on any provision of FTP or HBP, importability or exportability of items under ITC(HS), made to DGFT in the form in ANF2F. Clarification may also be sought on E-mail. 9.06 .....

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rievance Committee For speedy redressal of genuine grievances of trade and industry pertaining to FTP and Procedure, Grievance Committees have been constituted chaired by (i) DGFT at Headquarters and (ii) head(s) of RA(s) in regional offices Headquarters and (ii) head(s) of RA(s) in regional offices. Grievance Committee will include representatives of Federation of Indian Export Organisations (FIEO), Export Promotion Councils/ Commodity Boards, Development Authorities, and Government Departments .....

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nt would be advised whether his application is complete or there is any deficiency that needs to be rectified. (c) Counter Assistance may also be availed of for amendments of minor nature/enquiries. Applications, in such cases, will be received in regional offices at counter against a proper receipt. Authorisation / licence /list /enquiry shall be returned after carrying out necessary amendments/ giving necessary reply as far as possible on the same day, across the Counter. 9.10 Time Bound Dispo .....

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rms 120 iv Issuance of EPCG Authorisations 3 v All Authorisations under Gem & Jewellery scheme 3 vi Revalidation of Authorisation and extension of export obligation period by R.A 3 vii Acceptance of BG/LUT 3 viii Redemption/EODC of Advance Authorisation/ DFIA 15 ix Redemption of EPCG Authorisations and release of BG /LUT. 30 x Issuance/renewal of status certificate 3 xi Amendment of any category of Authorisation 3 xii Miscellaneous 10 xiii Refund of DBK/ TED under deemed export 30 xiv Fixati .....

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ortation Date of Shipment / Dispatch (i) By Sea The date affixed on the Bill of Lading (ii) By Air Date of relevant Airway Bill provided this represents date on which goods left last airport in the country from which the import is effected. (iii) From land-Locked Countries Date of dispatch of goods by rail, road or other recognised mode of transport to consignee in India through consignment basis. (iv) By Post Parcel Date stamp of office of dispatch on the packet or dispatch note (v) By Register .....

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