Stock declaration for imported inputs on FIFO basis required for export manufacture, with Bills of Entry and certification obligations. Declaration of imported input stocks as of the commencement date (three months prior to shipment) for manufacture of the named export product, prepared on a FIFO basis, with tabulated fields for B/E details, Customs House, quantity, assessable value, tariff heading, duty rate, supplier and assessment status. Photocopies of all Bills of Entry and disclosure of any refund applications are required. Provisionally assessed B/Es are normally excluded from DBK. The statement must be certified by the authorised agent and an independent Chartered Accountant/Cost Accountant.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Stock declaration for imported inputs on FIFO basis required for export manufacture, with Bills of Entry and certification obligations.
Declaration of imported input stocks as of the commencement date (three months prior to shipment) for manufacture of the named export product, prepared on a FIFO basis, with tabulated fields for B/E details, Customs House, quantity, assessable value, tariff heading, duty rate, supplier and assessment status. Photocopies of all Bills of Entry and disclosure of any refund applications are required. Provisionally assessed B/Es are normally excluded from DBK. The statement must be certified by the authorised agent and an independent Chartered Accountant/Cost Accountant.
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