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First time exporters, verification of documents

..... art-II/9825-36 Date: 13.11.2019 Public Notice No. 42/2019 Subject: - regarding Attention of all the Ex-porters (exporting goods from ICD TKD, New Delhi),' Customs Brokers and Member of the Trade is invited regarding submission of KY C documents and procedure to be followed in case of first time exporters and verification of genuineness of the exporters, who are exporting goods for first time through LCD TKD, New Delhi. 2. Representations have been received from first time exporters / other stakeholders highlighting problems faced during verification of documents by Customs. It has been represented that number of documents are being asked from them, which adds to the transaction cost and also leading to increase in dwell time. 3. With th .....

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..... Company which defines its scope of operation); CATEGORY-II (i) A copy of Income Tax Return/ VAT or Sale Tax Return / GST Return filed for the previous / current year / month, as the case may be; or (II) Certificate from the Bank, with whom, the Bank Account is being maintained for the purpose of remittance of foreign exchange to the effect that account is being maintained satisfactorily. 4. Further, if an exporter has exported from any other Customs House and submits proof of past Export made, then, normally, fresh set of documents should not be insisted upon, except for random verification, wherever necessary. 5. It is being expected from Customs Brokers that they discharge their obligations as per Regulation 11 of Customs Broker Licensin .....

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..... ADC/JC in-charge of SIIB shall ensure that the physical verification of the address declared in the IEC is completed at the earliest in at least 10% of the cases. (vi) For verification of outstation addresses, Customs formation, nearest to that address, may be requested to verify the address of such first-time exporters. (vii) Officer responsible to complete verification of aforesaid KYC documents in SIIB should also make telephonic call to the concerned Bank Branch as mentioned in the IEC details (obtained from DGFT website} or in the copy of Bank statement submitted by the exporter to verify the genuineness of the Bank accounts against that IEC. (viii) It will be the responsibility of SIIB to complete the verification process within &ari .....

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