Foreign Trade Procedures 2008-2009 - Directorate General of ...

More documents

Recommendations

Info

subject to condition that they obtain an Industrial licence underthe Industries (Development and Regulation) Act, 1951, withexport obligation as may be specified.Such licensee is required to furnish a LUT to RA and DGFT inthis regard. DGFT / RA concerned shall monitor export obligation.Warehousing Facility 2.19 Public / Private Customs Bonded Warehouses may be set up inDTA as per Chapter-IX of Customs Act, 1962, to import itemsin terms of paragraph 2.28 of FTP.On receipt of goods, such warehouses shall keep these goods forone year without payment of applicable customs duties. Goodscan be cleared against Bill of Entry for home consumption, onpayment of applicable custom duty and on submission ofAuthorisation wherever required, after an order for clearance ofsuch goods for home consumption is issued by competent customsauthorities.In case of clearance against duty free categories / concessionalduty categories, exemption / concession from duty shall be,allowed.In case of clearance against DEPB and other duty credit scripscustoms duty on imports may be adjusted.Goods can be re-exported without payment of customs dutyprovided (i) a shipping bill or a bill of export is presented in respectof such goods; and (ii) order for export of such goods has beenmade by competent customs authorities.Execution of Bank 2.20 Before clearance of goods through Customs, Authorisation holderGuarantee / Legalshall execute a BG / LUT with customs authorities.Undertaking for AdvanceAuthorisation / DFIA andIn such cases, RA shall endorse the following condition on theEPCG Authorisationlicence/Authorisation:“BG / LUT as applicable, to be executed with concerned CustomsAuthorities.”In case of indigenous sourcing, Authorisation holder shall furnishBG / LUT to RA as per Customs Circular No.58/2004 dated31.10.04.Corporate Guarantee 2.20.1 A status holder or a PSU may also submit Corporate Guaranteein lieu of Bank Guarantee/LUT in terms of the provisions of relevantCustoms Circular in this regard. In case of a group company, ifone company of a Group is a status holder, Corporate Guaranteemay be given for another company by this company, which is nota status holder.20
Certificate of Origin 2.21 Certificate of Origin (CoO) is an instrument to establish evidence(CoO)on origin of goods imported into any country. There are twocategories of CoO viz. (1) Preferential and (2) Non preferential.Preferential 2.21.1 Preferential arrangement / schemes under which India is receivingtariff preferences for its exports are Generalised System ofPreferences (GSP), Global System Of Trade Preferences (GSTP),SAARC Preferential Trading Agreement (SAPTA), Asia-PacificTrade Agreement (APTA), India–Sri Lanka Free Trade Agreement(ISLFTA) and Indo- Thailand Free Trade Agreement. Thesearrangements / agreements prescribe Rules of Origin which haveto be met for exports to be eligible for tariff preference.Authorised agencies shall provide services relating to issue of CoO,including details regarding rules of origin, list of items covered byan agreement, extent of tariff preference, verification andcertification of eligibility. Export Inspection Council (EIC) is agencyauthorised to print blank certificates. Authorised agencies maycharge a fee, as approved by DoC, for services rendered.Generalised System of (a) GSP is a non-contractual instrument by which industrializedPreferences (GSP)(developed) countries unilaterally and based on nonreciprocityextend tariff concessions to developingcountries. Following countries extend tariff preferencesunder their GSP Scheme:(i) United States (ii) New (iii) Belarusof America, Zealand(iv) European (v) Japan (vi) RussiaUnion(vii) Canada, (viii)Norway (ix) Australia(only to LDCs)(x) Switzerland(xi) BulgariaGSP schemes of these countries detail sectors / products andtariff lines under which benefits are available, including conditionsand procedures governing benefits. These schemes are renewedand modified from time to time. Normally Customs of GSP offeringcountries require information in Form ‘A’ (prescribed for GSPRules Of Origin) duly filled by exporters of beneficiary countriesand certified by authorised agencies. List of agencies authorisedto issue GSP CoO is given in Appendix-4A.Global System of (b) Under agreement establishing GSTP, tariff concessions areTrade Preference exchanged among developing countries, who have signed(GSTP)agreement. Presently, 46 countries are members of GSTPand India has exchanged tariff concessions with 1221
Page 1: Handbook of Procedures (Vol. I)1 st
Page 5: CONTENTSCHAPTER SUBJECT Page1 INTRO
Page 8 and 9: EDIElectronic Data InterchangeEEFCE
Page 11: CHAPTER-1INTRODUCTIONNotification 1
Page 14 and 15: (iv)Persons importing / exporting g
Page 16 and 17: Duplicate Copy of 2.9.3 Where an IE
Page 18 and 19: 2.12.2 Validity of an import Author
Page 22 and 23: countries on a limited number of pr
Page 24 and 25: Payment through 2.25.1 Payment thro
Page 26 and 27: 2.32.2 Import of following types of
Page 28 and 29: 2.32.4 Import policy for seconds an
Page 30 and 31: 2.35.3 Import entitlement under par
Page 32 and 33: concerned. Following information al
Page 34 and 35: user, and on potential of item or t
Page 36 and 37: Note 6: ‘Technology’ (see also
Page 38 and 39: 2.59.1 One of salient features inco
Page 40 and 41: Since import of maize (corn) is thr
Page 42 and 43: Appendix-19B. In case an exporter d
Page 45 and 46: CHAPTER-3PROMOTIONAL MEASURESStatus
Page 47 and 48: (g)Service provider shall within on
Page 49 and 50: of exports shall be determined in t
Page 51 and 52: 3.21.2 Deleted.Eligibility of Focus
Page 53: Further for products, markets notif
Page 56 and 57: 4.4.5 Deletedto Drug Controller, Ni
Page 58 and 59: unutilised inputs as per norms fixe
Page 60 and 61: Description of an 4.11 An Advance A
Page 62 and 63: 4.15.2 Authorisation shall be inval
Page 64 and 65: LCSSEZRanaghat , Singhabad , Raxaul
Page 66 and 67: Export Obligation 4.22 Fulfillment
Page 68 and 69: (iii)(iv)Within eligible entitlemen
Page 70 and 71:
to deposit an amount equal to 1% of
Page 72 and 73:
However, in case of submission of r
Page 74 and 75:
Time Period 4.46 Application for ob
Page 76 and 77:
c) An affidavit by exporter about l
Page 78 and 79:
Monitoring of 4.67 Provision of par
Page 80 and 81:
Value Addition 4A.2.1 Under scheme
Page 82 and 83:
(c)Foreign Exchange Encashment Cert
Page 84 and 85:
4A.15.24A.15.3Goods shall be cleare
Page 86 and 87:
60 days of close of exhibition. How
Page 88 and 89:
ate that he may have booked with bu
Page 90 and 91:
Replenishment 4A.28 A Replenishment
Page 93 and 94:
CHAPTER-5EXPORT PROMOTION CAPITAL G
Page 95 and 96:
5.7.1 EPCG authorisation holder sha
Page 97 and 98:
5.8.5 Deleted5.8.6 Deleted.Authoris
Page 99 and 100:
Redemption 5.13 As evidence of fulf
Page 101 and 102:
(c)For all EPCG authorizations, aut
Page 103 and 104:
CHAPTER-6EXPORT ORIENTED UNITS (EOU
Page 105 and 106:
6.5.3 Exporter shall have flexibili
Page 107 and 108:
(d)(e)Goods already imported / ship
Page 109 and 110:
in Annexure to Appendix 14-I-F to D
Page 111 and 112:
(including commercial training), su
Page 113 and 114:
(b)(c)(d)In case of re-import, such
Page 115 and 116:
Samples 6.29.1 EOU / EHTP / STP / B
Page 117 and 118:
(1) Conversion of sick / closed DTA
Page 119 and 120:
Depreciation norms 6.36.3 For capit
Page 121 and 122:
S. No Category of Application Time
Page 123 and 124:
CHAPTER - 7SPECIAL ECONOMIC ZONESPo
Page 125 and 126:
CHAPTER - 8DEEMED EXPORTSPolicy 8.1
Page 127 and 128:
Procedure for claiming 8.4 In respe
Page 129 and 130:
CHAPTER - 9MISCELLANEOUS MATTERSCha
Page 131 and 132:
application is complete and admitte
Page 133 and 134:
(iii) From land-locked Date of disp
Page 135 and 136:
APPENDICESAPPENDICES ARE AN INTEGRA
show all

Foreign Trade Procedures 2008-2009 - Directorate General of ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?