New Added
4.31A
DFRC shall also be available for
supplies mentioned in paragraph 8.2 of the Policy except for supplies made to
DFRC holders. Such DFRC shall be issued with a single port of registration
mentioned in paragraph 4.19 of the Handbook (Vol.1) as per option of the
applicant.
The CIF value of DFRC shall be arrived at after discounting
20% from the FOR value of supply. The FOR shall be calculated on the basis of
the document mentioned in sub-paragraph ii) below. The application shall be
accompanied by the following:-
A copy of the Invoice duly signed by the
unit receiving the material and their jurisdictional excise authorities
certifying the item of supply, its quantity, value and date of such supply.
However in case of supply of items which are non excisable or supply of
excisable items to a unit producing non excisable product(s), a Project
Authority Certificate (PAC) certifying quantity, value and date of supply would
be acceptable in lieu of excise certification.
Notwithstanding the
above, in respect of supplies to EOU/SEZ, a copy of ARE-3 duly signed by the
jurisdictional excise authorities certifying the item of supply, its quantity,
value and date of such supply shall be furnished.
Payment certificate
from the project authority in the form given in Appendix-12A. In the case of
Advance Licence for Intermediate Supplies/ deemed exports, supplies to the EOUs/
SEZs/ EHTPs/STPs, documentary evidence from the bank substantiating the
realisation of proceeds from the Licence holder or EOUs/SEZs/ EHTPs/STPs, as the
case may be, through the normal banking channel, shall be furnished in the form
given at Appendix- 22A.
However realisation of export proceeds shall not
be insisted upon if the shipments are made against confirmed irrevocable inland
letter of credit and the same is certified in columns 5/6/7 of Appendix 22
A.
Presented by
Eximkey.com