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Export of goods and services

MANOHARAN ARUMUGAM

Sir,

We have misplaced original EC copy of SB.  The payment tems is DAP.  Can we negoiate the documnts with the bank with copy of EC copy of SB.  If so, can you please inform the Master Circular, if any.

Thanks.

A.Manoharan

Reconstruction of export documents: obtain a reconstructed customs copy to regularise documents before bank negotiation. Obtain a reconstructed copy of the misplaced export document from customs by following the prescribed reconstruction procedure and paying a nominal fee; this reconstructed copy is the appropriate documentary remedy before presenting documents to a bank for negotiation under DAP terms. (AI Summary)
Banking - Finance
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YAGAY andSUN on Nov 23, 2012

You may get the reconstructed copy from the commissioner of customs after following the set procedure and on payment nominal fees in this regard.

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