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Duty free credit entitlement clarified: eligibility, documentation, import restrictions and reporting for status holders and service providers. Amendments define the duty free credit entitlement scheme: eligibility limited to qualifying status holders and specified service providers; export and shipping documentation must name the applicant and supporting manufacturers; imports must have nexus with exports and be used by status holders or endorsed supporting units proportionate to contribution. Certificates are single-port, may be initially split subject to minimum value and fee, valid for a fixed term, and require post-import reporting. Certain goods are excluded from entitlement and import lists and service provider entitlements are tied to average foreign exchange earnings with specified permissible imports and verification requirements.
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Duty free credit entitlement clarified: eligibility, documentation, import restrictions and reporting for status holders and service providers.
Amendments define the duty free credit entitlement scheme: eligibility limited to qualifying status holders and specified service providers; export and shipping documentation must name the applicant and supporting manufacturers; imports must have nexus with exports and be used by status holders or endorsed supporting units proportionate to contribution. Certificates are single-port, may be initially split subject to minimum value and fee, valid for a fixed term, and require post-import reporting. Certain goods are excluded from entitlement and import lists and service provider entitlements are tied to average foreign exchange earnings with specified permissible imports and verification requirements.
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