DGFT-General Policy for Packing Material

[Narendra Soni]

Dear experts,

We need clarification on the below line mentioned in General Policy for Packing Material prescribed in "Input-Output Norms" of DGFT. The packing material is used for packing of export items.

The line (para2) is "The exporter shall account for the net content of the packing material minus the wastage allowed in the exports made"

Kindly clarify meaning of "account for" word,whether to maintain proper record in internal books/register/sheets and submit the detail in excel statement attached with application at the time of redemption of advance authorisation.

AI Summary

Net content accounting for packing material: declare and record net packing consumption for redemption under advance authorisation schemes.
Exporters must account for the net content of packing material after allowed wastage and maintain internal records; net packing content should be shown in the packing list or invoice-cum-packing-list used to prepare the shipping bill. This requirement applies to exports under advance authorisation schemes and aligns with the SION principle that inputs are measured on a net-weight basis for redemption verification.