One time relaxation is provided for Clubbing of advance Authorisations issued during foreign trade policy 2002-07 and foreign trade policy 2004-09. One time relaxation is provided for extension of export obligation period of Advance authorizations issued under Foreign Trade Policy 2002-07, Foreign Trade Policy 2004-2009 and Advance Authorisations issued prior to 5.6.2012 under foreign trade Policy 2009-14.
The validity period of duty credit scrips issued under chapter 3 of Foreign Trade policy is being increased from 18 to 24 months for scrips issued with effect from 01.01.2016.
It is brought to the notice of the trade, public and all stake holders that with the objective of reducing physical interface between Customs, other regulatory agencies and the trade, and to further enhance the speed of clearance of import cargo, it has been decided to introduce a facility to upload digitally signed supporting documents on a pilot basis at Air Cargo Complex, New Delhi. The said pilot shall cover all types of imports under ICES.
Amendments are made in Chapter-4 of Hand Book of Procedures 2015-2020, related to clubbing of Advance Authorisations, extension of Export Obligation period and regularisation of bonafide default in the cases where an Authorisation was issued for import of drugs from unregistered sources with pre import condition.
Public Notice No. 31/2015-2020 Power of Regional Authorities of DGFT to issue/renew Nominated Agency Certificates has been removed.
Import of Flat-rolled products of stainless steel covered under ITC(HS) Codes: 7219 or 7220 under Advance Authorisation is subjected to pre-import condition with 6 months Export Obligation Period from the date of clearance of each import consignment by Customs Authority.
it is essential that refund claim should also include the mobile number and email id of the claimant/ authorized person so that they will be intimated the status of their refund claim. Hence, it is requested that mobile number and functional email id should be submitted along with refund claims.
Place of Importation” means the customs station where the goods are brought for being cleared for home consumption or for being removed for deposit in a warehouse
Eligibility to export under LUT: The facility of export under LUT has been now extended to all registered persons who intend to supply goods or services for export without payment of integrated tax except those who have been prosecuted for any offence under the CGST Act or the Integrated Goods and Services Tax Act, 2017
Attention of Importers /Exporters, Custom Brokers & Trade is invited to Board’s Instruction No. 15/2017 –Customs dated 09/10/2017 on the above mentioned subject whereby Board has issued guidelines for refund of IGST paid on exports of goods under Rule 96 of CGST Rules 2017.
