| Date: |
19-07-1996
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| Notification No: |
Customs Circular No 40/1996
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| Issuing Authority: |
Indian Customs
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| Type: |
Circular
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| File No: |
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| Subject: |
Monitoring of export obligation under Duty Exemption Scheme and E.P.C.G Scheme
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Monitoring of export obligation under Duty Exemption Scheme and E.P.C.G
Scheme
Circular No. 40dated 19th July
1996
Attention is
invited to Ministry's Circular No. 24/ 96-Customs dated the 19th April, 1996
modifying the instructions issued vide Circular No. 131/ 95 dated 20.12.95 for
monitoring of export obligation under Duty Exemption Scheme and E.P.C.G. Scheme.
2. In
terms of Circular No. 24/ 96-Customs, the exporter is required to produce to
Customs Part II of the DEEC Book along with DEEC/ Export Promotion copies of the
relevant Shipping Bill, and also a certificate of discharge of export obligation
from the Licencing authorities. Exporters had expressed difficulties in
complying with the requirement of production of DEEC Part II and copies so
Shipping Bills as these were being remained by the Licencing authorities while
issuing certificate of discharge of export obligation. The matter was taken up
with Directorate General Foreign Trade, who have now issued instructions vide
Circular No. 7/ 96 dated the 3rd July, 1996 directing all Licencing authorities
to release DEEC part II in original, as well as original DEEC/ Export Promotion
copies of Shipping Bills, to the exporters alongwith the certificate of
discharge of export obligation for being produced before Customs authorities.
3. The receipt of
this Circular may please be acknowledged.
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