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Notification of New LCS, Criteria for Single Year Exports and Certificate
of Exports for Status holder & Extension of last date for Endorsement of
DEPBs where date of Let Export is prior to 01.04.02
Public
Notice No. 53 dated 31st December 2002
In
exercise of powers conferred under paragraph 2.4 of the Export and Import
Policy, 2002-07, the Director General of Foreign Trade hereby makes the
following amendment in the Handbook of Procedures (Vol.1): -
1)
A new para 3.2.3 is inserted as under:
The
application for grant of status certificate in the case of non-service providers
mandates the submission of a �Bank Certificate of Export Realisation/ Deemed
Exports for Status Certificate� as given in Appendix 17 B.
2)
The following is substituted as Land Customs Stations (LCS) in para 4.19
pertaining to the �Port of Registration�:
LCS
Ranaghat, Singhabad and Raxaul
3)
The following correction is made by inclusion of the following Sea Port
and Land Customs Station in para 4.40 pertaining to the �Port of Registration:
Sea Ports:
Dharamtar
LCS:
Raxaul
4)
S. No. 1 of the �Declaration� and S. Nos. (i) and (vii) of the
�Certificate of Chartered Accountant/ Cost and Works Accountant/ Company
Secretary� under Appendix 17 pertaining to the �Application for Grant of
export House/ Trading House/ Star Trading House/ Super Star Trading House� is
amended as under:
DECLARATION
1.
I/ We hereby declare that this application is based on the export
performance of the preceding three licensing years or the present licencing year
basis.
CERTIFICATE
OF CHARTERED ACCOUNTANT/COST AND WORKS ACCOUNTANT/COMPANY SECRETARY
(i)
M/s _____________________________ and their subsidiary company namely M/s
_____________________________________(full name and address of the applicant)
have made the exports in the three preceding licensing years as specified in the
statement of exports at Sl.No.7.
(vii)
I/ We further certify that M/s _________________________________has
realised 95% or more of the export proceeds in respect of exports made by him in
the preceding three licensing years (excluding the export made during last six
months from the date of filing of application) and 100% in the case of exports
made in the current licencing year on the basis of which recognition is being
claimed.
I/
We hereby certify that the total value of outstanding export proceeds beyond a
period of 6 months from the date of export made by the applicant.
5)
S.No 1 of the �Declaration� and S.No (i) of the �Certificate of
Chartered Accountant/ Cost and Works Accountant/ Company Secretary� under
Appendix 17 A pertaining to the �Application for Grant of Export House/
Trading House/ Star Trading House/ Super Star Trading House for Service
Providers� is amended as under:
DECLARATION
1.
I/ We hereby declare that this application is based on the foreign
exchange earning direct and indirect of the preceding three licensing years/
current licensing year on gross foreign exchange.
CERTIFICATE
OF CHARTERED ACCOUNTANT/COST AND WORKS ACCOUNTANT/COMPANY SECRETARY
i)
M/s............................... (Full name and address of the
applicant) have earned foreign exchange earning direct and indirect sources each
of the three preceding licensing years/ during the current licensing year as
specified in the statement of exports at Sl. No. 7.
6)
An Appendix 17 B pertaining to �Bank Certificate for Export Realisation/
Deemed Exports for Status Certificate� is inserted as per Annexure to this
Public Notice.
7)
Attention is invited to Public Notice No 14 dated 31.05.2002 and Public
Notice No. 33 dated 26.08.2002 which introduced a special provision for
exemption of Special Additional Duty (SAD) on DEPB�s issued under the Exim
Policy 2002-07 where the order of �let export� was prior to 01.04.2002. Para
7 of PN 14 dtd. 31.5.02 is amended as under:
7. Notwithstanding the provision given
in paragraph 4.47 of the Handbook of Procedures (Vol.1) 2002-07, all exporters
filing applications for actual user DEPB pending realisation of export proceeds
or a transferable DEPB subsequent to realisation of export proceeds, in respect
of shipments where the date of order of �Let Export� is prior to 01.04.2002,
shall be required to do so latest by 30th June, 2003.
(This amendment extends the last date
of filing of applications under PN 14 dtd 31.5.02 to 30.06.2003)
This
issues in public interest.
Annexure
to Public Notice No dated 31.12.2002
APPENDIX
17 B
BANK
CERTIFICATE OF EXPORT REALISATION/ DEEMED EXPORTS FOR STATUS CERTIFICATE
To
______________________(Name and Address of the Licencing Authority)
We________________________
(Name and Address of the Exporter) declare that we have forwarded export bills/
banking instruments to ____________(Name and Address of the Bank, Branch, City)
for collection/ negotiation/ purchase. The proceeds against these documents/
instruments for exports/ deemed exports for the financial year ending *_________
amounts to Rs.__________________ (figures and words rounded off to nearest lakh).
We
further declare the aforesaid particulars are correct to the best of our
knowledge & belief.
Date_____________
Signature
of exporter____________________
Place_______________
Name_______________________________
Designation__________________________
Full Address__________________________
BANK�S
CERTIFICATE
Authorised
Foreign Exchange Dealer Code No allotted to the bank by RBI vide the following
details:
RBI____________________
Ref No: ________________
Date:
__________________
Place:
_________________
This is to certify that we have verified the relevant export invoices, customs
attested EP copy of the shipping bill ad other relevant documents of M/s
_______________________________and the exports/ deemed export proceeds declared
by the exporter amounting to Rs ___________ lakhs (in figures and words) for the
year ____________ are found to be correct.
(Signature
of bankers)____________________________
(Full
Address of Bankers) ____________________________
Branch
and City____________________________
Official
Stamp____________________________
Note:
1)
* FOB/ FOR actually realised for the concerned financial year to be given in
all cases. The year shall be the second year of exports while considering the
three-year period referred to for claim of status.
2)
The exporter shall submit a certificate from each of the his bank branches
where he is holding an account where export/ deemed export proceeds are
deposited/ collected.
3)
This is not applicable for service exports.
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