Submission of export documents required: failure to send shipping bills and bill of lading attracts penalties under FT(D&R) Act. Submission of proof of export under registration certificates for raw cotton is mandatory within ten days of the last shipment; non-compliance attracts penal action under Section 11(2) of the FT(D&R) Act. All allottees must send copies of shipping bills and the Bill of Lading to the RC-issuing authority and send an e-mail confirmation (in the specified sample format) identifying IEC, quantities and shipping details. Non-receipt of the e-mail will be presumed as non-performance under the registration certificate.
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Submission of export documents required: failure to send shipping bills and bill of lading attracts penalties under FT(D&R) Act.
Submission of proof of export under registration certificates for raw cotton is mandatory within ten days of the last shipment; non-compliance attracts penal action under Section 11(2) of the FT(D&R) Act. All allottees must send copies of shipping bills and the Bill of Lading to the RC-issuing authority and send an e-mail confirmation (in the specified sample format) identifying IEC, quantities and shipping details. Non-receipt of the e-mail will be presumed as non-performance under the registration certificate.
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