Irrevocable letter of credit rule clarified: status holders may use irrevocable L/C while others need confirmed L/C. Chapter 4 and Appendices 22A and 22B amend documentary requirements by substituting 'confirmed irrevocable letter of credit' with a distinction: an irrevocable letter of credit for status holders and a confirmed irrevocable letter of credit for others. Appendix 22B provides a new Bank Certificate of Payments for Domestic Supplies template requiring invoice details, payment/realisation particulars, bank reference where applicable, and a declaration; realization details may be omitted only where supplies are against the specified irrevocable inland letter of credit arrangements. A new Aayaat-Niryat Form entry 5A requires recording the SION serial number for DEPB claims on packing material.
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Provisions expressly mentioned in the judgment/order text.
Irrevocable letter of credit rule clarified: status holders may use irrevocable L/C while others need confirmed L/C.
Chapter 4 and Appendices 22A and 22B amend documentary requirements by substituting "confirmed irrevocable letter of credit" with a distinction: an irrevocable letter of credit for status holders and a confirmed irrevocable letter of credit for others. Appendix 22B provides a new Bank Certificate of Payments for Domestic Supplies template requiring invoice details, payment/realisation particulars, bank reference where applicable, and a declaration; realization details may be omitted only where supplies are against the specified irrevocable inland letter of credit arrangements. A new Aayaat-Niryat Form entry 5A requires recording the SION serial number for DEPB claims on packing material.
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