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TMI BlogClarification instructions for filling information in IEC returnsX X X X Extracts X X X X X X X X Extracts X X X X ..... es the following amendment in the Handbook of Procedures (Vol.1): 1. Attention is invited to paragraph 2.9.5 prescribing mandatory returns to be submitted by importer/exporter online by accessing the website at www.nic.in/eximpol. Accordingly, a format has been placed on the website under the index "IEC (Trade Return)" to enable IEC holder to furnish the return in a computer compatible format. A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... abroad. If the exports are in currency other than US$, the same may be converted into Indian rupees and thereafter may be converted into US$ as per exchange rate of Ministry of Finance between US$ and Indian rupees on 31st March, 2003. (1US$ = Rs.47.55). Accordingly, the rupee value may be converted into US$ at the exchange rate of Rs.47.55/- per US$. Rank 1 to 9 in order of your export:- The ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o be done by the exporter in the similar way as in the column for the ranking in order of export. CIF value of imports (2002-03) in equivalent US$:- In this column, the total CIF value as per Bill of entry filed between 1.4.2002 to 31.3.2003 needs to be reflected. Here also, the Indian rupees may be converted into US$ as per the exchange rate of Ministry of Finance between US$ and Indian rupees ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... www.nic.in/eximpol. Failure to submit the details by the stipulated period shall result in blocking of such IEC for import/export purposes from 1st November. In cases where the IEC holder has not made any import/ export in the preceding licensing year, such IEC shall be made inoperative from 1st of November. All those IEC where the holder fails to furnish the details by the stipulated time, shal ..... X X X X Extracts X X X X X X X X Extracts X X X X
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