Credit Scrips issued under Incremental Export Incentivisation Scheme (IEIS) – Procedure for Registration - Customs - TRADE FACILITY No. 20/2014

OFFICE OF THE COMMISSIONER OF CUSTOMS CUSTOM HOUSE COCHIN- 682009 F.No.C1/01/2014 TU Cus. Dated: 20.08.2014 TRADE FACILITY No. 20/2014 Sub: Credit Scrips issued under Incremental Export Incentivisation Scheme (IEIS) Procedure for Registration Reg. Attention of all Importers, Exporters, Customs Brokers and all concerned is invited to the DGFT Notification No.3 (RE-2013)/ 2009-2014, dated 18.04.2013 and Customs Notification No.32/2013, dated 13.06.2013 regarding introduction of Incremental Export Incentivisation Scheme (IEIS). Due to some technical reasons, presently the IEIS licence cannot be registered in the EDI system (ICES 1.5v). Hence, till the EDI module for the IEIS scheme is operationalised, following procedure is prescribed for the Manual Registration of Duty Credit Scrips issued under Incremental Export Incentivisation Scheme (IEIS); 1. The Licence holder/Authorised representative will present the Original licence/ scrip to the Group-VII section in the Custom House along with a request letter for registration of licence/scrip. 2. On submission of licence/scrip under IEIS scheme, verification of genuineness of scrip would be obtained from concerned regional DGFT office vide Fax. 3. On receipt of confirmation fax from DGFT office, the Group-VII Section shall verify the details viz. Licence No. date, DGFT File No., Name of the Licence Holder, IEC No., Duty Credit Amount, Licence Validity with the Original Licence. 4. On verification of genuineness of licence/scrip from the concerned DGFT and after confirming that there are no alerts covering said licence/scrip , the same will be registered manually. 5. The Licence Clerk shall enter the particulars of Licence/Scrip viz. Licence/Scrip No. Date, DGFT File No., Notification No., Name of the Licence Holder, IEC No., Duty Credit amount, Licence/Scrip Validity etc. in the Register maintained in the Group-VII Section. 6. Subsequent to manual registration of licence, the Bills of Entry filed against such scrips would be processed manually in the usual manner, after making necessary debits in the scrips as well as the registers maintained in the section. Necessary endorsements in the scrips would be also made by the concerned officers in Group-VII section, as per the procedures for manual processing of Scrips/licences of other schemes. Difficulties, if any, on implementation of the above may be brought to notice of the undersigned. Sd/- (Dr. K. N. RAGHAVAN) COMMISSIONER OF CUSTOMS