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Circular No. 44/96-Cus.
dated 21/8/96
 
F.No. 605/130/96- SDBK
 
Government of India
Ministry of Finance
Department of Revenue, New Delhi

Subject:-    Conversion of DEEC Shipping Bill to Pass Book Shipping Bills - Clarification regarding.

        Attention is invited to Ministry's Circular No. 22/96-Cus. dated 19th April, 1996 and 41/96-Customs dated 5.8.96 on the subject of conversion of DEEC Shipping Bills to Pass Book Shipping Bills. These circulars permit DEEC Shipping Bill filed before 31.5.95 to be converted to Pass Book Shipping Bill in the following circumstances:-

    (a)    where advance licence has not been utilised at all and surrendered to the Licensing authorities:

    (b)    where debit entries of imports made are transferred to some other valid Advance Licence, rendering the Advance Licence against which imports were originally made as unutilised, and

      OR
    where debit entries of imports made are transferred to some other valid Advance Licence, rendering the Advance Licence against which imports were originally made as unutilised; and

    (c)    where exports made against Advance Licence are deleted from the DEEC (Pt.II) before request for conversion of Shipping Bills in considered.

2.    conversion in above cases is to be permitted by Assistant Commissioner of Customs on being satisfied that other conditions of the Pass Books Scheme have been fulfilled. Conversion should be considered only in respect of export made after the exporter has applied for issue of Pass Book to the designated authorities in the light of para 66 of the Exim Policy. There should not be any objection in permitting conversion of any Shipping Bill filed after 31.5.95 where aforesaid conditions are complied with.

3.    Public Notice/ Standing Orders issued by the Customs House should be suitably modified to clarify all these aspects.

Sd/-
(A.K. Madan)
Under Secretary (DBK)