Wait...
  1. Home >
  2. Notifications >
  3. DGFT >
  4. Circular >
  5. Duty Free Scheme >
  6. Import Export Data, Export Import shipment data from Customs

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Date: 18-03-2009
Notification No: DGFT Policy Circular No 71 /2008 DT.18/03/2009
Issuing Authority: DGFT  
Type: Circular
File No: 01/91/180/1268/AM 09/ PC3
Subject: Guidelines for issuance of Freely Transferable ‘Supplementary’ Duty Credit Scrip under Chapter 3 Schemes.

Government of India
Ministry of Commerce
Directorate General of Foreign Trade
Udyog Bhavan, New Delhi – 110 011.

Policy Circular No. 71(RE-08)/2004-2009
Dated: 18th March, 2009

To
All Licensing Authorities;
All Exporting Community;

Sub: Guidelines for issuance of Freely Transferable ‘Supplementary’ Duty Credit Scrip under Chapter 3 Schemes.

Attention is invited to Para 3.12.6 of FTP. In case, an exporter has already claimed the benefits of freely transferable duty credit scrip for a shipping bill under one of the schemes of Chapter 3 (say FMS/FPS), the same shipping bill cannot be used for filing the claim under any other scheme like VKGUY / FPS (which may have a higher rate of entitlement). Once the exporter has opted for one scheme (VKGUY/FMS/FPS) and the duty credit scrip is granted, then the shipping bills concerned cannot be used for any other scheme wherein freely transferable duty credit scrip is granted. This is not permitted in terms of Para 3.12.6 of FTP, even if there is higher rate under another scheme.

  1.  In some cases additional benefit @2.5% is granted under VKGUY Scheme for exports made w.e.f. 1.4.2008, and some exporters may have already claimed the benefits under VKGUY at the standard rate of 5% or 3.5% (as applicable). Similarly, the rate of entitlement has been enhanced for some categories under FPS. In such cases, supplementary claim under VKGUY is entitled and the exporters may file requests quoting the related file numbers and the due-drawn differential statement as per Annexure A of this Policy Circular to RA concerned, along with application fee that may be applicable on entitlement differential due to exporter. RA concerned is directed to accept such scheme-wise requests and grant supplementary scrip manually, in the same format and annex the due drawn differential statement along with, without insisting on original scrip to be given for enhancement. These claims, although consolidated for several files of a scheme, RA should process the same in the related main files and issue a consolidated supplementary scrip, which will ensure that the record is in all the original claim main files.

  2.  Attention is invited to Port Officers Meeting dated 25.11.2008 (Decision No 1(f) therein and Public Notice No. 110 (RE2008) dated 21.12.2008. It has been decided that the claims, if any, may be filed for exports made from 1.4.2008 till 31.3.2009 and not for exports prior to 1.4.2008. Procedure in Para 2 above shall be followed.

  3.  In some cases, entitlement as due, may not be claimed fully by the exporter due to software not being updated, or the entitlement as claimed by the exporter might have been reduced by RA (or sometimes by Customs, although Customs should refer back the matter to RA concerned rather than reducing the entitlement themselves) for some reason, but in appeal or by clarification from Policy division of Headquarters, the original claim has been either restored or enhanced from the value that was granted by RA; in such cases, a supplementary scrip will be issued manually by RA concerned.

  4.  Similarly, if any case is covered by Para 3.23.6 of HBP v1, the fresh scrip should be issued manually by RA concerned.

    This issues with the approval of DGFT.

Sd/-
(A K Singh)
Joint Director General of Foreign Trade
(Issued from File No. 01/91/180/1268/AM 09/ PC3)

Annexure A to Policy Circular No. 71(RE2008)/2004-09
dated: 18th March 2009

Due – Drawn Differential Statement
Scheme Name: (Name the scheme - VKGUY / FPS / MLFPS etc..)

Sl. No.Shipping Bill No and Date & related File No. FOB Value Rate of EntitlementReason / Reference Public Notice / Notification / Policy Circular / Clarification / Software issue / Appeal Order. (Drawn)Scrip value – issued
(in Rupees)
(Due) Scrip value entitled
(in Rupees)
Difference
(in Rupees)
(1) (2)(3) (4)(5) (6)(7) (8) = (7) – (6)
1         
2         
3         
..         
..         
          
Total         

RA Remarks:

Supplementary Claim allowed : Rs …

(against the above shipping bills)

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 04-04-2020
Notification No. 59/2015-2020
Amendment in Export Policy of Diagnostic Kits.

Date: 04-04-2020
Notification No. 01/2015-2020
Amendment in Export Policy of Hydroxychloroquine.

Date: 03-04-2020
A. P. (DIR Series) Circular No. 28
Rupee Drawing Arrangement – Remittance to the Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM-CARES) Fund

Date: 03-04-2020
Circular No. 17/2020-Customs
Measure to facilitate trade during the lockdown period- section 143AA of the Customs Act, 1962

Date: 03-04-2020
Notification No. 32/2020 – Central Tax
Seeks to provide relief by conditional waiver of late fee for delay in furnishing returns in FORM GSTR-3B for tax periods of February, 2020 to April, 2020.

Date: 03-04-2020
Notification No. 31/2020 – Central Tax
Seeks to provide relief by conditional lowering of interest rate for tax periods of February, 2020 to April, 2020.

Date: 03-04-2020
Notification No. 30/2020 – Central Tax
Seeks to amend CGST Rules (Fourth Amendment) in order to allow opting Composition Scheme for FY 2020-21 till 30.06.2020 and to allow cumulative application of condition in rule 36(4).

Date: 02-04-2020
TRADE NOTICE NO. 61/2019-20
Acceptance of scanned copies of pre-registration application and other documents by Local Users for REG under the European Union’s Generalised System of Preferences (EUGSP)

Date: 01-04-2020
A. P. (DIR Series) Circular No. 27
Export of Goods and Services- Realisation and Repatriation of Export Proceeds-Relaxation

Date: 01-04-2020
A.P. (DIR Series) Circular No.26
Exim Bank's Government of India supported Line of Credit (LoC) of USD 161.36 million to the Government of the Republic of Burundi



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001