Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Discontinuation of printing of Advance Authorisations/Export Promotion Capital Goods (EPCG) Authorisations on security paper by DGFT for Authorisations issued with EDI ports as port of registration

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Misc)-303/2018 A (G) Date: 28.02.2019 PUBLIC NOTICE NO. 14/2019 Subject: Discontinuation of printing of Advance Authorisations/Export Promotion Capital Goods (EPCG) Authorisations on security paper by DGFT for Authorisations issued with EDI ports as port of registration Attention of all concerned is brought to the Board's Circular No. 07/2019 Customs dated 21.02.2019regarding discontinuation .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... mport/export cycle i.e. registration of the Authorisation, assessment of Bill of Entry, examination of imported goods, giving out of charge to imported goods as also assessment of Shipping Bills, examination of export goods and giving let export order for export goods. 4. The process of registration of Authorisations and taking bond/ bank remains unchanged except that no physical copy of the Aut .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... T, the same shall also be transmitted electronically to Customs server and updated. No physical copy of such amendment needs to be sought from the Authorisation holder. It may be noted that in terms of the Customs Act 1962, Importer/exporter is required to self, assess the Bill of Entry/Shipping Bill. The authorisation holder must ensure that his claims/declarations are correct as per the authoris .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... nsequently, such electronically issued Authorisations for EDI ports cannot be used for making imports at non-EDI ports. DGFT shall continue to issue physical copy of Advance/ EPCG Authorisations on security paper as per current practice for non-EDI ports. The facility of TRA would be available for such physical Authorisations for making imports at other EDI/ non-EDI ports. 8. Para 3 of Board' .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates