4.25

The licence holder shall furnish the following documents in support of having fulfilled the export obligation:-

For physical exports:-

(i) Bank Certificate of Exports and Realisation in the form given at Appendix-22 or Foreign Inward Remittance Certificate (FIRC) in the case of direct negotiation of documents or Appendix –22B in case of offsetting of export proceeds.

However, realisation of export proceeds shall not be insisted if the shipments are made against confirmed irrevocable letter of credit and the same is certified by the bank in column 14/15 of Appendix- 22.

(ii) EP copy of the shipping bill(s) containing details of shipment effected.

(iii) A statement of exports giving details of shipping bill wise exports indicating the shipping bill number, date, FOB value as per shipping bill and description of export product

(iv) A statement of imports indicating bill of entry wise item of imports, quantity of imports and its CIF value.

For deemed exports

(i) A copy of the invoice or a statement of invoices 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. [OLD - 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.

(First sentence of above deemed exports has been amended vide PN. NO. 64/2003, DT. 12/05/2004)

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.

(ii) 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.

(iii) A statement of supplies giving details of supply invoices and indicating the invoice number, date, FOR value as per invoices and description of product.

(iv) A statement of imports indicating bill of entry wise item of imports, quantity of imports and its CIF value.

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