GOVERNMENT OF
MINISTRY OF COMMERCE
& INDUSTRY
DEPARTMENT OF
COMMERCE
DIRECTORATE GENERAL
OF FOREIGN TRADE
Policy Division
Policy Circular
No 09 (RE-2005)/2004-2009
Dated: 14 June
2005
Subject: DFCE under EXIM Policy (2003-04) and Target Plus Scheme under Foreign Trade Policy (2004-05), clarification and other issues.
Attention is invited
to the Public Notice No 15(RE2005)/2004-09 dated 04.06.2005 relating to the DFCE
under EXIM Policy (2003-04) and Public Notice No 16RE2005)/2004-09 dated
04.06.2005 relating to Target Plus Scheme under Foreign
Trade Policy (2004-05).
2.
The Zonal office
shall constitute a committee to finalize claims in all cases relating to the two
schemes. The Committee headed by Zonal Joint DGFT shall have the discretion to
call for additional documents, on a sample basis, like Shipping Bills etc. to
enable them to arrive at the genuineness/ authenticity of the claim. Such Claims
may be settled within a period of 45 days from date of filing of
application.
3.
Representations were
received from Trade & Industry relating to admissibility of claims where GR
form and BRC contain more than one name in the context of Para 3.2.6A (I) of
Handbook of Procedures (Vol.1) 2002-07 and Para 3.2.5 (I) of Handbook of
Procedures (Vol. 1) 2004-09.
It may be noted that
wherever it is a mandatory requirement that more than one name is required to be
recorded in these export documents, the exporter may approach the committee
along with documentary evidence to prove such mandatory and legal requirements;
based on which the Committee would consider and allow the claim or otherwise. No
disclaimers are permitted in the schemes and the claim can be filed only by
those who receive the export proceeds in own name.
This
issues with the approval
of DGFT
Sd/-
(A
K Singh)
Joint
DGFT
To
Trade and
Industry
All Licensing
Authorities
(F. No: 01/94/180/Public Notice/AM04/ PC-IV)