Third party exports under the EDI shipping bill, Counting of payment received through ECGC cover for fulfilment of export obligation even in case of old applications

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..... GOVERNMENT OF INDIA MINISTRY OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE POLICY CIRCULAR NO. 12/2002-2007, Dt. 01/11/2002 Subject: (a) third party exports under the EDI shipping bill , (b) Counting of payment received through ECGC cover for fulfilment of export obligation even in case of old applications (c) Application by branch office of registered exporters for benefits u .....

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..... authentication by the Customs verifying the exports along with the shipping bill number and date. Any other evidence of third party exports are also acceptable provided there is due authentication by the Customs authorities. (b) Paragraph 2.25.3 of the Handbook of Procedures (Vol 1) permits taking into account of such exports for the purpose of benefits under the Exim Policy where the exports hav .....

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..... No 6 dated 27.06.2002, it was decided to extend the facility of application by branch offices of exporters for all other category of licences under the Exim Policy. However the concerned branch office would have to obtain an authority letter or a NOC from the registered office in the case of companies and Head office in other cases. (d) Reference is invited to Policy Circular No 14 dated 19.10.2 .....

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..... would be through a TR in the authorised branch of the Central Bank of India under the head of Account : "1453 - Foreign Trade and Export Promotion" and Minor Head 102. This issues with the approval of the Director General of Foreign Trade . A.B. Menon Deputy DGFT (File No:01/94/180/25/AM03/ PC IV) - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management I .....

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