(To be published in The Gazette of India Extraordinary
Part-I-Section-1)
Government of India
Department of Commerce
Ministry of Commerce and Industry
Directorate General of Foreign Trade
Udyog Bhavan, New Delhi
Public Notice No. 46 /2009-2014 (RE- 2013) Dated: 8th January, 2014
Subject: EDI Procedure for claiming benefits in respect of Third Party exports
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade
Policy, 2009-14, the Director General of Foreign Trade hereby introduces two new
Paragraphs 9.14 & 9.15 in the Handbook of Procedures (Vol. I) 2009-14 for
claiming benefit of Third Party exports under EDI system and for conversion of
currencies into US$ with immediate effect as under:
2. These two new Paras 9.14 & 9.15 would read as under:
“9.14 For claiming benefits under EDI system in respect of Third Party
exports the process will be initiated by the First party who will link shipping
bills and BRCs to repository. If the First Party chooses not to claim benefit
for a particular shipping bill item/s, it may authorize Third Party to claim
benefit for such shipping bill item/s. After such authorization by First party,
Third Party will be able to utilize the shipping bill item/s in its
application”.
“9.15 (a) Currencies, where Exchange rates are notified by CBEC
The foreign exchange realized (as mentioned by bank in the eBRC) is
converted to Indian Rupee (INR) using the monthly exchange rates published by
CBEC.
(b) Currencies, where Exchange rates are not notified by CBEC
In such cases, total realized value in INR (as mentioned by bank in the eBRC),
will be converted into US$ by using the US$ /INR exchange rate prevailing on the
date of realization as published by CBEC.”
Effect of the Public Notice: A procedure for claiming of benefits in respect of
Third Party exports under EDI system and a guideline for conversion of
currencies are being published.
(Anup K. Pujari)
Director General of Foreign Trade
[Issued from file No. 01/93/180/40/AM-14/PC-2(B)]
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