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of <h1>Exporters Must Use Correct State Codes in Shipping Bills for ASIDE Reimbursements: Ministry of Finance Directive.</h1> The circular from the Ministry of Finance, Central Board of Excise & Customs, addresses the requirement for exporters to declare the correct State of Origin codes for export goods in shipping bills at automated Customs Stations. This information is crucial for the Ministry of Commerce to reimburse State Governments under the ASIDE scheme. It highlights issues with incorrect and outdated codes being used by exporters. The circular references a previous directive that includes a list of state codes as per the Reserve Bank of India's Basic Statistic Return system, urging exporters and customs officers to ensure accurate code usage to facilitate proper disbursement based on export values.
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