PUBLIC NOTICE No.
79(RE-2007)/2004-2009 dated 05.11.2007
Procedure consideration of cases against lost EP
copy of the Shipping Bills and / or Bank Realisation Certificate
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 amendment in Handbook of Procedures (v1):
1. A new paragraph 4.30A related to “consideration of cases against lost EP copy
of the Shipping Bills and / or Bank Realisation Certificate” shall be added
after the paragraph 4.30 as follows:
4.30A. In case where Original EP copy of Shipping Bill / original BRC has been
lost, request for EODC, No BG / LUT condition under Advance Authorisation / DFIA
scheme or endorsement of transferability under DFIA scheme can be considered
subject to submission of following documents in lieu of those original
documents: -
a) A duplicate / certified copy of concerned document issued by Customs
Authority / Bank in lieu of original;
b) An application fee equivalent to 1% of duty saved amount. However, no fee
shall be charged when such document is lost by Government agencies and a
documentary proof to this effect is submitted;
c) An affidavit by exporter about loss of document and an undertaking to
surrender it immediately to concerned RA, if found subsequently;
d) An indemnity bond by exporter to the effect that he would indemnify
Government for financial loss, if any, on account of duty free import
entitlement availed / allowed against lost Shipping Bills / BRC. Customs
Authority, before allowing redemption of BG / LUT or clearance after endorsement
of No BG / LUT condition or endorsement of transferability, shall ensure that no
double benefit against such shipping bill has been availed.
However, in case of submission of reconstructed copy of shipping bill in lieu of
original shipping bill, conditions at b), c) and d) above shall not be
applicable.
2. The word MODVAT appearing at Sl. No. 1(v) in PN No. 79 dated 2.1.06 shall be
amended to read as MODVAT / CENVAT.
3. A new paragraph 5.18.7 shall be added after paragraph 5.18.6 to read as
follows:
5.18.7 – The aforesaid provisions for Clubbing of EPCG Authorisations shall be
applicable for authorisations issued on or after 1-4-2007. However, EPCG
authorisations issued prior to 1-4-2007, shall be governed by provisions
contained in Chapter 5 of HBP v1 (RE - 2006).
This issues in Public interest.Sd/-
(R.S. Gujral)
Director General of Foreign Trade and
Ex-officio Additional Secretary to the Govt. of India
(Issued from File No.01/94/180/ PN /HBP/AM08/PC I)
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