Impex Solution
404 Navjivan Building,121/127 Qazi Syed Street, Masjid (W), Mumbai
400 003
Tel. : (022) 3453838 Fax : (022) 3463838 Email : impexsolution@vsnl.net
TO : Indian Registered Exporter
SUB : Features of 100% Duty free Annual Advance
Licence
Dear Sirs,
1. THIS LICENCE IS ISSUED IN TERMS OF PARA 7.4A OF EXPORT AND IMPORT
POLICY AND PARA 7.54 OF HANDBOOK OF PROCEDURES 1997-2002 AS AMENDED
FROM TIME TO TIME.
2. LICENCE SHALL BE VALID FOR 12 MONTHS FOR IMPORTS AND 18 MONTHS
FOR EXPORTS FROM THE DATE OF ITS ISSUANCE.
3. EXPORTS AND IMPORTS SHALL BE SUBJECT TO EXPORT IMPORT POLICY
IN FORCE.
4. THE EXEMPTED GOODS IMPORTED AGAINST THIS LICENCE SHALL ONLY BE
UTILISED IN ACCORDANCE WITH THE PROVISIONS OF EXPORT IMPORT POLICY
1997-2002 AND CUSTOM NOTIFICATION NO. 48/99 DT. 29.4.99 AS AMENDED
FROM TIME TO TIME. THE LICENCE AND/OR MATERIAL IMPORTED UNDER THIS
LICENCE SHALL NOT BE TRANSFERABLE EVEN AFTER COMPLETION OF EXPORT
OBLIGATION.
5. THE LICENCEE SHALL MAINTAIN THE NEXUS BETWEEN IMPORTED INPUTS
AND THE RESULTANT PRODUCT AS PER SIO NORMS.
6. THE LICENCE IS SUBJECT TO ALL GENERAL CONDITIONS AS APPLICABLE
AND AS LAID DOWN IN THE HANDBOOK OF PROCEDURES, 1997-2002, VOL.II
(STANDARD INPUT OUTPUT NORMS BOOK).
7. THE LICENCEE, AT THE TIME OF IMPORTS, SHALL FURNISH THE DETAILS
OF INPUTS, INCLUDING ITS SPECIFICATIONS AND RELEVANT TECHNICAL CHARACTERISTICS
(SUCH AS GRADES/DENIER/G.S.M/PURITY/MARKS AND NUMBERS/ACTIVE INGREDIENT
CONTENTS E.T.C) TO THE CUSTOM AUTHORITIES FOR MAKING ENTRIES IN
THE DEEC (IMPORT) AT THE TIME OF EXPORTS TECHNICAL CHARACTERISTICS
SHALL BE DECLARED TO ESTABLISH NEXUS AND ENTRIES WILL BE MADE ACCRODINGLY
IN THE DEEC (EXPORT)..
8. THE LICENCEE SHALL MAINTAIN A TRUE AND PROPER ACCOUNT OF CONSUMPTION
AND UTILISATION OF GOODS IMPORTED AGAINST THIS LICENCE.
9. THE LICENCEE IS NOT ENTITLED FOR THE BENEFIT UNDER RULE 12(1)B
OR RULE 13(1)(B) OF CENTRAL EXCISE RULES 1984 IN RESPECT OF EXPORTS
MADE UNDER THIS LICENCE.
10. THE LICENCE HOLDER SHALL NOT BE ELIGIBLE FOR DRAWBACK AGAINST
EXPORTS MADE UNDER THIS LICENCE UNLESS THE INPUT/INPUTS ARE PROCURED
INDIGENOUSLY
11. THE FOREIGN EXCHANGE REMITTANCE AND REALISATION AGAINST THIS
LICENCE WILL BE GOVERNED BY THE GUIDELINES ISSUED BY THE RESERVE
BANK OF INDIA FROM TIME TO TIME.
12. THE FOREIGN EXCHANGE REALISATION OBLIGATION SHALL ALSO BE GOVERNED
BY THE PROVISIONS OF THE EXIM POLICY AND HANDBOOK OF PROCEDURES
PREVALENT ON THE RELEVANT DATE.
13. THIS LICENCE SHALL BE PRESENTED BEFORE
THE LICENSING AUTHORITY FOR GIVING FULL ACCOUNT OF THE INPUTS IN
PRODUCT EXPORTED AS PER SION BEFORE EXPIRY OF TWENTY MONTHS FROM
THE DATE OF ISSUE OF THE LICENCE. SIMULTANEOUSLY, THE LICENCE HOLDER
SHALL FURNISH PROOF OF HAVING FULFILLED THE EXPORT OBLIGATION BY
SUBMITTING THE DOCUMENTS AS PRESCRIBED IN PARA 7.25 OF HANDBOOK
OF PROCEDURES, VOL. I.
14. IF A LICENCE HOLDER FAILS TO DISCHARGE THE PRESCRIBED EXPORT
OBLIGATION AND DOES NOT APPLY FOR REGULARISATION OF BONA FIDE DEFAULT
WITHIN THE PERMITTED TIME, THE LICENSING AUTHORITY SHALL INITIATE
ACTION AGAINST LICENCE HOLDER AS PER PROVISIONS OF THE FOREIGN TRADE
(DEVELOPMENT AND REGULATION) ACT 1992 AS AMENDED FROM TIME TO TIME.
15. NECESSARY BOND/BG IS TO BE EXECUTED WITH THE CUSTOMS AUTHORITIES
AS PER THE RELEVANT CUSTOMS NOTIFICATION BEFORE FIRST IMPORTATION.
16. THE LICENCE HOLDER IS ENTITLED TO IMPORT ANY INPUTS COVERED
UNDER STANDARD INPUT OUTPUT NORMS AS GIVEN IN VOL. II IN RESPECT
OF THE EXPORT PRODUCT FALLING UNDER THE PRODUCT GROUP SPECIFIED
IN THE LICENCE IN ADDITION, THE LICENCE HOLDER CAN IMPORT PACKING
MATERIAL REQUIRED FOR PACKING OF THE EXPORT PRODUCT WHICH SHALL
BE ACCOUNTED FOR, AS PER SIO NORMS. WHERE PACKING MATERIALS ARE
NOT COVERED UNDER SIO NORMS, THE SAME SHALL BE ACCOUNTED FOR AS
PER GENERAL POLICY FOR PACKING MATERIALS IN HANDBOOK OF PROCEDURES,
1997-2002.
Required Details
Please give following Details/Documents to enable
us to process your application.
| 1 |
Period |
01.04.98 To 31.3.99 |
01.04.99 To 31.03.00 |
01.04.00 To 31.03.01 |
| 2 |
Description |
|
|
|
| 3 |
FOB Value |
|
|
|
| |
|
| 24. |
DETAILS OF OUTSTANDING EXPORT
OBLIGATION AGAINST ADV LIC
LICENCES ISSUED UNDER DUTY EXEMPTION SCHEME. |
| A |
Licence No & date |
| B |
CIF Value |
| C |
FOB Value |
| D |
Percentage of E.O.Fulfilled
Quantity Wise |
| E |
Percentage of E.O.Fulfilled
Value wise |
| F |
Expiry date of E.O.Period |
| |
|
| 25. |
Two Self Certified xerox copies
of :
registration certificates of mfg
units where the exempt materials
are to be used for export production |
| |
|
| 26. |
Original Consent Letter of
Supporting Mfr :
and their registration certificates |
| |
A NO. & DT. OF SSI REGISTRATION/:
INDUSTRIAL LICENCE/IEM/
OTHERS (SPECIFY) |
| |
ISSUING AUTHORITY :
Of Supporting Manufacturer |
| |
|
| 27. |
CA Certificate regarding
average export
Turnover more than Rs 1 Crore in the
Preceeding 3 Licensing Years as Per
Appx 26 of H.B of Procedures
|
| |
|
| 25. |
Two Self Certified copies of
registration of
Mfg Units where exempt materials are to
Be used for export Production. |
| |
|
| 27. |
NO. & DT. OF Central Excise
Registration Certificate
ISSUING AUTHORITY : |
| |
|
| 28. |
In case of export of Non Excisable
Product a certificate from the excise
Authority to the effect that the product is
Non excisable and that as such no
Excise registration is required |
| |
|
| 29. |
Statement of Export Product
Proposed
to be exported with a total fob covered under
one product group and the total cif value of imports. |
| |
|
| 30. |
Directors Rubber Stamp. |
| |
|
| 31. |
Cash for Challan for Rs. |
| |
|
| 32. |
2% Service Charge on CIF Value
of Licence. |
| |
|
| 33. |
Rs.10000/- Cheque Favouring
Bigis Impex Consultancy |
If you have any queries, please feel free to
call or fax us.
Thanking You,
Yours faithfully,
Bigis Impex Consultancy,
Partner
(BHARAT PAREKH)
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