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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Foreign Trade Policy Update: 'Declaration of Intent' Now Mandatory for Export Benefits Claims on All Shipping Bills.</h1> The Director General of Foreign Trade has amended the Handbook of Procedures (Vol-1), 2009-14, mandating a 'Declaration of Intent' for claiming benefits under Chapter 3 of the Foreign Trade Policy for all shipping bills, including free shipping bills, effective from January 1, 2011. Exporters must declare their intention to claim benefits by stating it on shipping bills for products/markets listed in Appendices 37A, 37C, and 37D. This declaration is also required for export shipments under Chapters 4, 5, and 6 schemes and for supplies to SEZ. The declaration is not needed for exports made before the notification date.
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