Eximkey - India Export Import Policy 2004 2013 Exim Policy
Imp 65/2003
Exp 65/2003
PUBLIC NOTICE 108/2003 Date : 24.11.2003

SUB: Facility of permitting imports/exports against Telegraphic Release Advice (TRA) under Duty Free Credit Entitlement Certificate (DFCEC) for Status Holders, Duty Free Credit Entitlement Certificate (DFCEC) for Service Providers and Export Promotion Capital Goods (EPCG) Scheme - reg.

Kind attention of all concerned is invited to Circular No. 88/2003-Cus dated 6th October, 2003 issued by CBEC vide F.No. 605/72/2003-DBK on the above mentioned subject.

2. In terms of 2003-04 EXIM Policy announced on 31.03.2003, two new schemes namely, Duty Free Credit Entitlement Certificate (DFCEC) for Status Holders & Duty Free Credit Entitlement Certificate (DFCEC) for Service Providers have been announced. DOR has issued Customs Notification Nos. 53/2003 and 54/2003 both dated 01.04.2003 to operationalise it. Similarly, in order to operationalise 5% duty EPCG Scheme announced in 2003-04. One of the common feature of all these notifications is that import under the aforesaid two credit certificate schemes and import/export under the new EPCG Scheme has been permitted only through places which are notified in these notifications.

3. Trade has represented that since the Credit Certificate Licences issued under the aforesaid two schemes to Status holders / Service providers would be issued with a specific port of registration, not providing the facility of TRA would adversely affect their import because the Licence holder would only be able to import goods against it from Custom House which is mentioned as a port of registration on the said certificates. Similarly, now that Customs Notification No. 55/2003 issued under 5% duty EPCG Scheme has also provided for permitting import/export under this Scheme only through places which are notified in the said notification, there is need to extend TRA facility under the new EPCG Scheme as well.

4. The issue has been examined in the Board and it has been decided that in respect of imports against Duty Free Credit Entitlement Certificate (DFCEC) Scheme for Status Holders, Duty Free Credit Entitlement Certificate (DFCEC) Scheme for Service Providers, & EPCG Scheme import of goods shall be permitted against TRA from any of the places which are notified in the three notifications Nos. 53/03, 54/03 and 55/03 respectively TRA shall be issued in terms of instructions contained in the earlier DOR Circular No. 67/2003-Cus. dated 28.07.2003 after verifying the genuineness of the certificate/licence by the Custom House at the port of registration. The Custom House at the port of registration of the licence shall issue TRA on the basis of value of imported goods as declared by the licence holder. The Custom House House at the port of registration shall specifically advise the Custom House at the port of import to decided about the validity, eligibility, etc. of the goods under import against the certificate/licence. The responsibility to decide importability of goods under import against the said certificate/licence in terms of Customs Act and other Acts and Rules, etc. shall be that of the Customs Officer posted at the port of import. The Customs House receiving the TRA shall send details of imports effected to the concerned Custom House (who has issued the TRA) for the purpose of maintaining details of the use of TRAs and actual import made against the said certificate/licence from other sea-port/airports etc. in relevant register. The Assistant Commissioner / Deputy Commissioner in-charge of the Custom House (who issued TRA) shall be responsible for maintaining proper account of goods actually imported through TRA facility to ensure that there is no misuse of this facility.

Sd/-
(SHISHIR KUMAR)
COMMISSIONER OF CUSTOMS (E.P.)



ATTESTED BY

Sd/-
(G.P. GAIKWAD)
ASSTT. COMMISSIONER OF CUSTOMS
GROUP VII


F.No. S/16-MISC-DEPB-1744/03

Presented by eximkey.com

Trade Intelligence
Search for latest information on item wise exports and imports, from all major Indian ports.

Username
Password