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of <h1>India Exim Policy: Third-Party Exports Allowed, ECGC Payments Counted, SIL Regularization Fee Introduced; Branch Offices Can Apply for Licenses.</h1> The circular addresses several issues related to export procedures under India's Exim Policy. It allows third-party exports under the EDI shipping bill if corroborative evidence is provided, such as an ARE-1 Certificate authenticated by Customs. Payments realized through ECGC cover are now counted for export benefits, even for exports made before April 1, 2002. Branch offices of registered exporters can apply for various licenses under the Exim Policy with authorization from their main office. For cases requiring surrender of Special Import Licenses (SIL), a payment of 1% of the SIL value is now required for regularization, deposited under a specified account.
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