Dispensing with SDF form - Customs - PUBLIC NOTICE No. 11/2015

OFFICE OF THE PRINCIPAL COMMISSIONER OF CUSTOMS, AIRPORT AND AIR CARGO COMPLEX; PB 5400: QUEEN'S ROAD: C.R.BUILDING; BENGALURU - 560 001 C. No. VIII/48/04/2014Air. cus. Tech./1506 Date: 25.05.2015 PUBLIC NOTICE No. 11/2015 Subject: Dispensing with SDF form - reg. Attention is invited to Board Circular No. 15/2015-Cus dated 18.05.2015 on the above subject. 2. Government has taken number of measures to enhance the ease of doing business. In this direction, a Committee constituted by Ministry of Commerce and Industry has also recommended the reduction of documents for import and export of goods in order to reduce transaction cost. 3. As per the extant provisions, an exporter is required to submit the SD F form along with Shipping Bills for export of goods. RBI has recently dispensed with the SDF in case of exports taking place through the EDI ports vide Foreign Exchange Management (Export of Goods and Services) (Amendment) Regulations, 2015' and A.P. (DIR Series) Circular No 101. dated 14.05.2015. Consequently, RBI has desired that the declaration of foreign exchange remittance under the Foreign Exchange Management Act, 1999 may be made a part of the Shipping Bill. 4. Accordingly, Board has issued Notification No 46/2015-Customs (N.T.), dated 18.05.2015 to incorporate the aforementioned declaration in lieu of SDF form in the Shipping Bill. As per the said Notification No.46/2015-Cus (N.T) dated 18.05.2012, the declaration as per the Shipping Bill (Declaration) Regulation, 2011 shall henceforth be as follows: DECLARATION I/ We declare that the particulars given herein above are true, correct and complete. I/ We enclose herewith copies of the following documents*. 1. Duty Exemption Entitlement Certificate/ Advance Authorisation/ Duty Free Import Authorisation Declaration 2. Invoice/ Invoice cum packing list 3. Quota/ Inspection certificates 4. Others s Name of the Exporter Name of Customs Broker Destination Designation Identity Card Number I/ We undertake to abide by the provisions of Foreign Exchange Management Act, 1999, as amended from time to time, including realisation or repatriation of foreign exchange to or from India. *To be submitted with the export goods in the warehouse. Date........ Signature.. .. 5. All exporters, Customs Brokers and Trade are requested to comply with the above changes while filing Shipping Bills. (Sandeep Prakash) Commissioner