| Date: |
11-07-2000
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| Notification No: |
Customs Circular No 59/2000
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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: |
Duty Free Replenishment Certificate (DFRC) Scheme, announced in EXIM Policy 2000-2001
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Duty Free Replenishment Certificate (DFRC) Scheme, announced in EXIM
Policy 2000-2001
Circular No. 59 dated 11th July
2000
Attention is
invited to Department of Revenue's Circular Nos. 33/ 2000-Cus., dated 2-5-2000
and 42/ 2000-Cus., dated 12-5-2000 which were issued outlining the procedure to
be followed for permitting export/ import under DFRC Scheme. In sub-paras 4.1 to
4.4of Department of Revenue's Circular No. 33/ 2000, the procedure to be
followed for permitting imports against DFRC licence was specified.
2. It
is clarified that in addition to the checks specified in sub-paras 4.1 to 4.4 of
Department of Revenue's Circular No. 33/ 2000, in accordance with para 7.62 of
the Handbook of Procedures (Vol. 1), while allowing import against DFRC Licence,
Customs shall also verify that the details of exports as given on the Licence
are matching with the records of export maintained by the Customs House. If
there is any discrepancy noticed in the details of exports specified in the DFRC
Licence, then the matter shall be referred to the concerned DGFT Authority which
issued the DFRC Licence and duty free import shall be allowed only after
satisfying about the genuinity of exports made under DFRC Scheme.
3. Standing
Orders/ Departmental Orders for the information and guidance of the field staff
and trade/ public notice for the trade may be issued and copies of the same may
be forwarded to the Joint Secretary (Drawback),
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