Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Subject – Duty Free Replenishment Certificate (DFRC) Scheme, announced in EXIM Polocy 2000-2001Online GST Certification Course by TaxGuru & MSME- Click here to Join
Attention is invited to Department of Revenue”s Circular Nos. 33/2000-Cus ., dated 2-5-2000 and 42/2000-Cus ., dated 12-5-2000 which were issued outlining the procedure to be followed for permitting export/import under DFRC Scheme. In sub-paras 4.1 to 4.4of Department of Revenue”s Circular No. 33/2000, the procedure to be followed for permitting imports against DFRC licence was specified.
2. It is clarified that in addition to the checks specified in sub-paras 4.1 to 4.4 of Department of Revenue”s Circular No. 33/2000, in accordance with para 7.62 of the Handbook of Procedures (Vol. 1), while allowing import against DFRC Licence, Customs shall also verify that the details of exports as given on the Licence are matching with the records of export maintained by the Customs House. If there is any discrepancy noticed in the details of exports specified in the DFRC Licence, then the matter shall be referred to the concerned DGFT Authority which issued the DFRC Licence and duty free import shall be allowed only after satisfying about the genuinity of exports made under DFRC Scheme.
3. Standing Orders/Departmental Orders for the information and guidance of the field staff and trade/public notice for the trade may be issued and copies of the same may be forwarded to the Joint Secretary (Drawback),