MINISTRY
OF COMMERCE AND INDUSTRY
DEPARTMENT
OF COMMERCE
DIRECTORATE
GENERAL OF FOREIGN TRADE
NEW DELHI, DATED THE
10th OCTOBER, 2005
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol. I):
Further the licensing
authority shall also take action against the licensee in case of non submission
of duly filled in Appendix 23, as stipulated in paragraph 4.30 of the Handbook,
vol. 1 or for any mis- representation, mis-declaration and default detected
subsequently in the details declared & furnished in Appendix 23. An
endorsement to this effect should be made by the licensing authority in the
redemption certificate.
Every advance licence holder shall maintain a true and proper account of consumption and utilization of duty free imported / domestically procured goods against advance licence as per the format given in Appendix 23. These records are required to be sent to the relevant licensing authority(s) at the beginning of each licensing year for all those licences, which have been redeemed in the previous licensing year. However these records in the said format are required to be submitted for licences issued on or after 13.05.2005. Such records should be preserved for a period of at least three years from the date of redemption.
5. In the Guidelines for applicants of Aayaat-Niryaat Form, after Sl. No. 3.b.iii, a new provision is added as Sl. No. iv as follows:
iv. Invalidation letter(s) incase of supplies to an advance licence or DFRC holder.
This issues in Public interest.
( K.T. CHACKO )
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India
(Issued from F.No. 01/94/180/
Adv.Lic/App.23/AM05/PC-IV)
Annexure to Public Notice No. 60 dated 10th October 2005
REGISTER FOR ACCOUNTING THE
CONSUMPTION AND STOCKS OF DUTY FREE IMPORTED OR DOMESTICALLY PROCURRED RAW
MATERIALS,
COMPONENTS ETC. ALLOWED
UNDER ADVANCE LICENCE BY THE ACTUAL USER (Please read paragraph 4.26 and 4.30 of the Handbook,
Vol. 1)
|
INPUTS ALLOWED IN THE
LICENCE (S) (A NO. OF LICENCES CAN
BE CLUBBED TOGETHER FOR THE PURPOSE OF ACCOUNTING OF
INPUTS) |
PRODUCT(S) EXPORTED
UNDER THE LICENCE (S) |
EXCESS INPUTS, IF ANY
ALLOWED UNDER THE LICENCE(S). (4-8) |
IN CASE OF EXCESS AS
IN COLUMN 9 |
REMARKS | ||||||||
|
Sl
No. |
Licence
No(s) with date (A No. of
licences can be clubbed together for accounting
purpose) |
Inputs |
Quantity |
Product |
Quantity |
Inputs Actually
consumed for the exported product |
Additional exports
effected in proportion to excess inputs |
Input quantity reduced
proportiona-tely in the licence* |
Customs duty paid alongwith
interest paid |
| ||
|
Inputs |
Quantity (Including
actual wastage incurred) | |||||||||||
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
*Applicable only in case
either partial import or NIL import has been effected.
We
declare that the aforesaid particulars are correct.
|
|
Signature
of the Licence holder |
:
........................................ |
|
|
Name
in block letters |
:
........................................ |
|
Place: |
|
:
........................................ |
|
Date: |
Designation |
:
........................................ |
|
|
Full
official address |
:
........................................ |
|
Official Seal/stamp |
Full
Residential address |
:
........................................ |
Appendix
23
Continued
CHARTERED
ACCOUNTANT/COST & WORKS ACCOUNTANT CERTIFICATE
I/We hereby confirm that I/We have examined the prescribed registers and
also the relevant records of
M/s..........................
having IEC number
... and
PAN number
.for the licensing period(s)
and hereby certify
that the information furnished above is true and correct in all respects; no
part of it is false or misleading and no relevant information has been concealed
or withheld;
I/We
fully understand that any statement made in this certificate, if proved
incorrect or false, will render me/us liable to face any penal action or other
consequences as may be prescribed in law or otherwise warranted.
I/We
further declare that neither I, nor any of my/our partners is a partner,
director, or an employee of the above-named entity, its Group companies or its
associated concerns.
(Signature and Stamp/ Seal of the Signatory)
(Chartered
Accountant/ Cost & Works Accountant)
Name
of the Signatory:
Place:
Address:
Date:
Membership No:
Note:
1.
Each
page of this document is to be
signed by the Chartered Accountant/Cost and Work Accountant with his
registration number.
2.
Mention
N.A. wherever the information
required in the table is not applicable.
3.
For
column 10,11 & 12 of the table, pl furnish the copy of the documentary
evidence.
4. The licensee is required to furnish the details for the licences which have been redeemed in the last licensing year
