Passbook scheme for duty free imports -CBEC Instructions

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..... this scheme, Ministry has issued Notification No. 104/95- Customs dated 30th May, 1995. In order to ensure that the scheme is implemented uniformly by the major Custom Houses at Delhi, Bombay, Calcutta and Madras, to which this scheme is confined, the following guidelines are issued which may be followed:- (1) Posting of designated authority by the Director General of Foreign Trade. The Scheme provides for posting of a designated authority by the D.G.F.T. in each of the four major Custom Houses. The said authority will be under the control of Director General, Foreign Trade but will discharge their functions under the overall direction and supervision of the Commissioner of Customs at the respective Custom House .....

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..... on of export goods as well as the nature of the input allowed in the Standard Input- output Norms under which benefit of credit of basic Customs duties on such input used in the manufacture of export product is claimed by the exporter. Examination of the export goods should also be done properly with the above purpose in view. (4) Credits in the Pass Book The Scheme provides for credit of basic customs duties on inputs used in the manufacture of export product as per input/output Norms to be permitted by the designated authority. For this purpose designated authority will be formulating their own procedure for working out the amount of credit. However, in terms of Notification No. 104/95-Customs such credits shal .....

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..... the Pass Book. The amount of duty to be debited should be indicated in figures as well as words on the Bill of Entry by the assessing officer as being done for normal imports. Since there is no collection of duty by cash or by adjustment in P.D. Account, the D. E. should be given the A.D.F. number only after debit has been made by the designated authority in the Pass Book and a certificate to this effect is endorsed by the designated authority on the Bill of Entry, also indicating Pass Book No. in which debit has been made. Any credit in the Pass Book not utilised within three year from the date of issue of Pass Book lapse and, therefore, cannot be utilised for seeking exemption in terms of aforesaid notification. (6) Maintenanc .....

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