| Date: |
13-01-1997
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| Notification No: |
Customs Circular No 1/1997
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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 EPCG Scheme
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Monitoring of export obligation under Duty Exemption Scheme and EPCG
Scheme
Circular No. 1 dated 13th January 1997
Attention is
invited to Ministry's Circular No. 131/-95-Customs dated 20th
December 1995, 24/96-Cus. Dated 19th April 1996 and 40/96-Customs
dated 19th July 1996 specifying the procedure for monitoring of
export obligation under Duty Exemption Scheme and E.P.C.G. Scheme.
2. Presently
the instructions provide for production of a certificate of discharge of export
obligation from the Licensing authority along with DEEC, Part II duly endorsed
by Customs and original DEEC/ Export Promotion copies of S/ Bills as evidence
for discharge of export obligation or for seeking waiver of bond under Duty
Exemption Scheme. On Suggestion from Custom House, Bombay, the matter was also
discussed in the Commissioner's Conference held at Bombay in November, 1996 with
a view to consider whether it was necessary to insist upon production of DEEC/EP
Copy of the S/ Bills.
3. In
view of decision taken at the Commissioner's Conference, it has been decided the
production of certificate of the Licensing authority along with DEEC Part II
duly endorsed by the proper officer of the Customs at the port of export should
be sufficient evidence for considering discharge/waiver of bond and the
production of DEEC/EP copy of the S/Bills should not be insisted upon.
4. Public Notice/
Standing orders issued by the Custom House may be suitably modified on the above
lines.
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