Risk Management System extended to additional export promotion schemes, including Target Plus and nominated-agency gold/platinum imports.
Implementation of a Risk Management System (RMS) is extended to import cargo under remaining export promotion schemes, adding the Target Plus Scheme and imports of gold and platinum under the scheme for exports against supply by nominated agencies, and correcting the name to Export Promotion Capital Goods (EPCG) Scheme where previously misnamed.

Extension of filing deadline for reconciliation returns and central declaration forms; compliance period extended for the relevant quarter.
Extension of time for statutory filings: the Commissioner, exercising powers under the Delhi Value Added Tax Rules and Central Sales Tax provisions, extended the deadline for submission of the reconciliation return in Form DVAT-51 and for furnishing the original portions of Declaration Forms C, E I/E II, F, I, J and H for the relevant quarter, and directed departmental circulation and publicity to inform dealers and officers of the extended compliance period.

EPCG authorization conversion requires same export obligation period and maintenance of annual average export obligation.
A unit converting from the EOU scheme to an EPCG Authorization is entitled to the same export obligation period as a direct EPCG holder, with the obligation period commencing from the EPCG issue date. The converting unit must also maintain the Annual Average Export Obligation prescribed under the Foreign Trade Policy, applying the same annual average export performance criterion as for direct EPCG beneficiaries.

Import licensing for waste paper: Regional authorities may issue licences on MOEF no-objection certificates without waiting HQ approval.
Import of waste paper is subject to an actual user condition and prior environmental permission; importers must obtain a No Objection Certificate from the environmental authority and apply to the Regional Authority for an import licence. The Regional Authority shall issue the licence based on that No Objection Certificate without awaiting formal headquarters approval for a limited transitional period.

Export Promotion Council designation: Coconut Development Board added for coconut products excluding husk and fiber under FTP.
The Coconut Development Board has been added to Appendix 2 of the Handbook of Procedures (Vol. I) as an Export Promotion Council/Commodity Board with jurisdiction over all coconut products other than those made from coconut husk and fiber, effectuating product-specific designation under the Foreign Trade Policy for export promotion and coordination.

Registration of works-contract dealers: files to be routed directly to concerned ward, bypassing special zone.
Files/folders of newly registered dealers engaged in Works Contracts and Right to Use shall be sent directly from the Centralized Registration Cell to the concerned Ward instead of being transferred to the Special Zone, implementing an administrative change in post-registration file-routing with departmental approval.

Exporters must submit BRCs or negative statements for drawback-linked export proceeds under new monitoring software.
Exporters filing Shipping Bills under drawback must declare Authorized Dealers at each port and submit Bank Realization Certificates or prescribed negative statements on a six monthly basis; the ICES BRC software (effective 31 March 2009) will generate due dates tied to the let export order and maintain pendency lists. The module permits three data-entry options to clear Shipping Bills-direct BRC entry, six month negative statement clearing all bills, or negative statement listing only pending bills-and includes a Recovery Module to remove bills when drawback is recovered.

Retrospective drawback amendments require exporters to file supplementary claims under Drawback Rules for differential drawback amounts.
Retrospective amendments substitute tariff entries and revise duty drawback rates across Chapters 52, 54, 60, 82 and 87, including an explanatory definition for "manufacture of filament yarns". Exporters affected by these retrospective rate enhancements are advised, under the Drawback Rules, to file supplementary claims to claim any differential drawback amounts arising from the changes.

Direct import of precious metal: nominated agencies must obtain certification and comply with monitoring, reporting and distribution requirements.
The circular prescribes procedures for direct import of precious metals by nominated agencies under Paragraph 4A.4 of the FTP, identifying eligible entities and requiring Regional Authority certification for Premier/Star Trading Houses (Annexure I). Nominated Agencies (other than RBI designated banks) must maintain import and distribution records, file monthly returns to the Gems & Jewellery EPC for onward transmission to DGFT, supply at least ten percent of imports to exporters, and undergo annual performance review, while complying with FTP, RBI guidelines and Customs procedures (Annexure II sets the monthly reporting format).

Standard Input-Output Norms updated to add new SION entries defining export-import input ratios and pro rata solvent rules.
Amendments add SION entries H562-H568 prescribing import-to-export input ratios for specific resin, adhesive and polymer export products. Each entry specifies export unit weight and itemised imported raw materials with quantities. Where resin percentage varies, core reactants are adjusted pro rata and solvent quantities inversely to solvent content. A two component adhesive entry allocates inputs between Component A and Component B. The Notice directs insertion after H561 under the Foreign Trade Policy and Handbook of Procedures.

Valuation of polymers: use PLATT international prices as the benchmark and restrict deviations to authorised, tested discounts.
Assessment of imported polymers and related products is to rely on weekly PLATT international prices as the primary benchmark; the PLATT rate of the week prior to opening of an irrevocable L/C or, for registered non-L/C contracts, the PLATT rate on the contract date (subject to shipment timing) shall determine assessable value. No variation from PLATT for prime grade; limited downward discounts allowed for off-grade, re-generated polymers, floor sweepings and stock lots only with supervisory approval, provisional assessment and accredited testing. Freight, insurance and landing charges are added to PLATT (FOB) to arrive at assessable value.

Bank realisation certificate optional at filing; exporters must later submit proof of realisation or face BG/LUT enforcement.
Exporters may opt to file DEPB and Chapter 3 transferable incentive applications without Bank Realisation Certificates; if so, they must submit BRCs or other permitted proof of realisation within 12 months of scrip issuance and provide shipping bill wise statements to the Regional Authority every three months. BG/LUT and prescribed documents are required at filing, with BG/LUT validity covering at least 24 months from the Let Export Order date; RAs will monitor compliance, enforce recovery and BG/LUT when realisation is not completed, and maintain scheme wise exporter records.

Bank guarantee and legal undertaking requirement for DEPB scrips mandates BG/LUT when BRC absent, enabling recovery and interest.
Where DEPB or freely transferable incentive scrips under Chapter 3 are applied for without submission of Bank Realisation Certificates, the applicant must execute a Bank Guarantee or Legal Undertaking in prescribed Appendix formats; BRC must be produced within 12 months or RA will initiate recovery, and failure to pay within 60 days after that 12 month period attracts interest at 15% per annum from scrip issuance, with unutilised scrip credit deductible from the payable amount. BG/LUT validity is normally 24 months from LEO and may be revolving or scheme specific.

Name change of export promotion agency: registered listing updated to reflect the revised agency name in Appendix 2.
Amendment to Appendix 2 of the Handbook of Procedures updates the registered name of the agency listed at serial number fifteen from Indian Oilseeds & Produce Exporters Association EPC (IOPEA) to Indian Oilseeds and Produce Export Promotion Council, while retaining its existing contact details; the change is issued as a public notice under the Foreign Trade Policy by the Director General of Foreign Trade for inclusion in the Appendix 2 listing.

Risk Management System implementation streamlines export promotion scheme clearances, accredits clients and replaces blanket concurrent audit.
Risk Management System (RMS) is extended to imports under the remaining Export Promotion Schemes w.e.f. 30 March 2009. Bills of entry filed by Accredited Clients will be facilitated, while others will be referred for assessment and examination. Concurrent audit for all EP scheme bills is replaced by selective post clearance audit. Importers must continue prescribed registration of licences/authorisations and follow existing bond/guarantee registration procedures. For facilitated clearances, Procurement Certificates will be opened and recorded by the Bond Superintendent and shed officers must verify, debit/deface certificates and comply with examination and out of charge procedures.

Deemed export benefits: DTA suppliers file with the concerned RA while EOUs file with the Development Commissioner.
Claims for deemed export benefits must be processed by the authority having functional jurisdiction: DTA suppliers must submit claims only to the concerned Regional Authority, while EOUs must submit deemed export benefit applications only to the Development Commissioner, producing a suitable disclaimer from the DTA supplier and other documents specified in the Handbook of Procedures.

Online transmission of trade licences enables electronic validation and monitoring, integrating DGFT and Customs for export/import compliance.
DGFT will transmit DES file numbers and DES/EPCG licence messages to Customs via an Electronic Message Exchange System; Customs will validate licences at ICEGATE and make them available at the port. The transmitted licence number will function as the Customs Registration Number, replacing manual registration. Importers must present DGFT hard copy licences and execute bonds/LUTs and BGs for monitoring, while Customs will electronically send Bills of Entry and Shipping Bills to DGFT and receive Export Obligation Discharge Certificates to permit release of bonds/LUTs and BGs after verification.

VKGUY benefits restricted to handmade products; Coir Board certification required for export eligibility under the Handbook of Procedures.
VKGUY export benefits for items in Table 9, Sl. No.26 are admissible only for Handmade Products, and the Coir Board shall certify that the exported product is handmade if any doubt arises; this qualification is inserted into the Note to Table 9 of Appendix 37A and applies to exports from the operative date specified in the amendment.

Monitoring of export proceeds through mandated BRCs and negative statements enables automated tracking and recovery of drawback payments.
Exporters filing Shipping Bills under the Drawback Scheme must declare Authorized Dealers and submit Bank Realization Certificates or prescribed negative statements every six months; the ICES BRC software will generate due dates using the Let Export Order date, flag Shipping Bills without certificates, allow officer entry via three options to clear or retain S/Bs, and enable recovery entries when drawback is recovered. BRCs/negative statements for Drawback S/Bs with LEOs from 1.1.2004-31.12.2007 must be furnished within the four month period directed by the Board; the module is effective from 31 March 2009.

Change of tax period requires filing Form DVAT 55 by the prescribed deadline to effect tax-period alteration.
Dealers seeking to change their tax period for 2009-10 must file an intimation in Form DVAT-55 to the Commissioner under Rule 26 within the prescribed initial statutory window; Rule 26 prescribes baseline tax periods by preceding-year turnover and permits specified options to shorter periods, but any option exercised for a year is irrevocable for that year. The circular makes timely filing mandatory and states intimations will not be accepted after the deadline.