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Freight, Insurance and Commission declarations mandated; changes entitlement calculation and integrates e BRC with foreign trade schemes. Amendment requires applicants using ANF 3C and ANF 4G to declare Freight, Insurance and Commission values are based on actual transaction values and that commission for entitlement is included as per actual value or 12.5% of net FOB realised whichever is less. Applicants using ANF 4D, ANF 4F, ANF 4H and ANF 5B must declare those values are based on actual transaction values and that commission is excluded for entitlement. The change integrates e BRC with Foreign Trade Policy schemes under paragraph 2.4.
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Freight, Insurance and Commission declarations mandated; changes entitlement calculation and integrates e BRC with foreign trade schemes.
Amendment requires applicants using ANF 3C and ANF 4G to declare Freight, Insurance and Commission values are based on actual transaction values and that commission for entitlement is included as per actual value or 12.5% of net FOB realised whichever is less. Applicants using ANF 4D, ANF 4F, ANF 4H and ANF 5B must declare those values are based on actual transaction values and that commission is excluded for entitlement. The change integrates e BRC with Foreign Trade Policy schemes under paragraph 2.4.
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