Export compliance certification updated with new export realisation thresholds and documentation, plus procedural and shipment rule amendments. Applicants for Importer Exporter Code must annex two banker attested passport photographs. Appendix 26 certification is revised to set export realisation thresholds for preceding and current licensing years and to require declaration of outstanding export proceeds for status renewal and EPCG redemption. Licence/certificate/permission may be revalidated on merits for a six month period by the issuing authority. EOUs receive clarified wastage eligibility and limited personal carriage export concessions subject to shipping bill and bank realisation proof. Importers must maintain a prescribed consumption register. DGFT field offices act as Export Facilitation Centres and Standing Grievance Committees with industry representation are constituted. Date of shipment rules are prescribed by transport mode with transitional protection for consignments already with Customs.
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Export compliance certification updated with new export realisation thresholds and documentation, plus procedural and shipment rule amendments.
Applicants for Importer Exporter Code must annex two banker attested passport photographs. Appendix 26 certification is revised to set export realisation thresholds for preceding and current licensing years and to require declaration of outstanding export proceeds for status renewal and EPCG redemption. Licence/certificate/permission may be revalidated on merits for a six month period by the issuing authority. EOUs receive clarified wastage eligibility and limited personal carriage export concessions subject to shipping bill and bank realisation proof. Importers must maintain a prescribed consumption register. DGFT field offices act as Export Facilitation Centres and Standing Grievance Committees with industry representation are constituted. Date of shipment rules are prescribed by transport mode with transitional protection for consignments already with Customs.
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