Amendments in the Handbook of Procedures ( Vol. I) - DGFT - 54 /2006

Amendments in the Handbook of Procedures ( Vol. I) PUBLIC NOTICE NO. 54/2006 Dated 13/09/2006 In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures (Vol. I): 1. After the existing para 2.61 following new para shall be added: Issuance of scrips against lost EP copy of the Shipping Bills 2.62 In case where EP copy of the Shipping Bill has been lost, claim under the VKGUY/ Focus Market/ Focus Product Schemes can be considered subject to submission of the following documents:- a) A duplicate/certified copy of the Shipping Bill issued by the Customs Authority in lieu of original; b) An application fee equivalent to 2% of the entitlement in respect of lost Shipping Bills. However, no fee shall be charged when the Shipping Bill is lost by the Government agencies and a documentary proof to this effect is submitted; c) An affidavit by the exporter about the loss of Shipping Bills and an undertaking to surrender it immediately to the concerned Regional Authorities, in case the same is found subsequently. d) An indemnity bond by the exporter to the effect that he would indemnify the Government for the financial loss if any on account of duty credit issued against lost Shipping Bills. The Customs Authority, before allowing clearance, shall ensure that the benefit/duty credit against the same shipping bill has not been availed. 2.62.1 The claim against the lost Shipping Bill shall be preferred within a period of six months from the date of release of duplicate copy of Shipping Bill and any application received thereafter shall be rejected. Issuance of Scrip against loss Of Original Bank Certificate 2.63 In such cases where original bank certificate has been lost, claim under VKGUY/ Focus Market/ Focus Product Schemes can be considered subject to submission of the following documents:- a) A duplicate copy of the Bank Certificate issued by the bank in lieu of original lost. b) An application fee equivalent to 2% of the entitlement, in respect of lost Bank Realisation Certificate. c) An affidavit by the exporter about the loss of Bank Certificate and an undertaking to surrender it immediately to the concerned Regional Authorities, in case the same is found subsequently. d) An indemnity bond by the exporter to the effect that he would indemnify the Government for the financial loss if any on account duty credit issued against lost Bank Certificate. The claim against the lost Bank Certificate shall be preferred within a period of six months from the date of realization and application received thereafter shall be rejected. In such cases, where both the documents have been lost, the exporter shall follow the procedure laid down in paragraph 2.62 and 2.63. 2. In Appendix-37A, the product under product code 08.621 at Sl. No.621 shall be corrected to read as under: Sl.No. Product Code ITC (HS) Code Description Date of export from which the benefits will be admissible 621. 08.621 ---- Tamarindus Indicus i.e. Tamarind (fresh, dried, seeds), Flour meal and powder of Tamarind, Cotyledon Flour of Tamarind (Tamarind Indica), Tamarind Kernel Powder 01.04.2004 This issues in Public interest. (K.T. CHACKO ) DIRECTOR GENERAL OF FOREIGN TRADE and EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT. OF INDIA (Issued from F. No. 01/94/180/0005/AM07/PC.I)