In order to avail the IGST refund, it is mandatory that the exporters have validated their bank accounts by Public Financial Management System (PFMS). If bank accounts of the exporters are closed and/or not validated by PFMS, then the IGST refund, even if sanctioned, may not get credited to the accounts of the exporters.
Attention of the Exporters, Custom Brokers and all concerned are invited to the Board Circular No. 26/2017- Customs dated 1st July, 2017, 36/2017- Customs dated 28 August, 2017 and 37/2017- Customs dated 20th September, 2017 on the above mentioned subject prescribing norms for grant of Self Sealing Permission to the exporters intending for factory/warehouse stuffing of export goods.
If the exporter has been notified in writing by DGFT or he knows or has reason to believe that an item not covered in the SCOMET list has a potential risk of use in or diversion to weapons of mass destruction (WMD) or in missile system or military use (including by terrorists and non-state actors), he shall apply for a SCOMET license
In exercise of powers conferred under Paragraph 2.04 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes the following amendments in Hand Book of Procedures 2015-2020 as under
Government is committed to ensure compliance of the provisions of 2010 and Rules made thereunder, all these organizations (4842) are given one more opportunity to file their Annual Returns for the missing years for the period 2010-11 to 2015-16 with penalty on our website fcraonline.nic.in within 30 days.
Public Notice No. 25/2015-2020 Import Item at S. No. 2 of SION H 331 has been amended to include Poly Butylene Terephthalate Filament.
It has been observed that significant time is being taken in assessment of bills of entry from date of filing in cases where the bills of entry are filed under DEEC/EPCG schemes. The main reason for the same is that the bills of entry do not contain details of registration/bond debit of advance/EPCG license as the same is required for extending the benefit of DEEC/EPCG schemes.
Para 5 of aforesaid Facility Notice provides that on receiving the Refund claim (refund in cases of double/multiple payment of Customs Duty), the proper officer will verify the claim and will cross check the claim in following manner: (a)Verification from the PAO/e-PAO office regarding double/multiple payments for the same Bill of Entry of the amount to be refunded as also being reported by the banks in the scroll for transfer to RBI
It has been decided that the exporters, who have filed the shipping bills between 01.07.2017 and 26.07.2017 while claiming the higher All Industry Rates (AIRs) under Duty Drawback Scheme viz. rates and caps available under column (4) and (5) of the schedule of All Industry rates of Duty drawback
Director General of Foreign Trade hereby authorizes the agency as below to issue GSP Certificate and Certificate of Origin (Non Preferential) under Appendix 2C & 2E: M/s Agricultural and Processed Food Products Export Development Authority (APEDA),
