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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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would be admissible.] 9.04 Furnishing of Information Every importer/ exporter shall furnish such information 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 ite .....

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er, field offices of DGFT shall act as Export Facilitation Centres and nodal agencies. 9.08 Standing Grievance 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 (F .....

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O shall be in charge of counter in each office. On presentation of application at the counter, applicant 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 .....

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4.07 of HBP, Advance Authorisation for Annual Requirement and DFIA. 3 iii Fixation of input output norms 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 cate .....

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pect of Imports Date of shipment/dispatch for imports will be reckoned as under:- S.No. Mode of Transportation 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 basi .....

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Lading or date of mate receipt, whichever is later? (b) For containerised cargo, date of "Onboard Bill of Lading", or "Received for Shipment Bill of Lading", where the L/C provides for such Bill of Lading. For exports by containers from Inland Container Depot (ICD), date of Bill of Lading issued by shipping agents at the time of loading of export goods in ICD after customs clearance. (c) For Lash barges, date of Bill of Lading evidencing loading of export goods on board. (ii) .....

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