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Amendments in Chapter 3 of Foreign Trade Policy 2009-14
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Duty credit scrip usage restricted: certain incentive scrips cannot pay customs duty for export obligation shortfalls under advance authorisations.
Amendment provides that Duty Credit Scrip may be debited for payment of customs duties for EO defaults on authorizations under Chapters 4 and 5, but penalty and interest must be paid in cash. Scrips issued under SHIS, SFIS and AIIS are explicitly excluded from use for payment of customs duties in EO defaults for Chapter 4 authorizations. Duty credit scrips may still be used for composition fees, application fees under FTP and for value shortfalls under para 4.28(b) of HBP v1 2009-14.
Amendment in the procedure for issue of Registration Certificates (RCs) for export of various commodities
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Online registration: hard copy submission waived for export registration certificates, maintaining existing policy conditions for specified commodities.
The requirement to submit hard copies of documents (printout of online application, L/C or FIRC or proof of advance payment, and export contract) after online application for Registration Certificates is dispensed with with immediate effect; this change does not alter existing policy conditions for export of cotton, cotton yarn, non basmati rice, wheat and sugar.
Export of Stone Aggregate to Maldives.
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Export permission for stone aggregate to Maldives reinstated and allowed immediately, subject to prior conditions and quantity ceilings.
The Government withdraws Notification No.34 and permits export of Stone Aggregate to the Republic of Maldives with immediate effect under powers conferred by the Foreign Trade Act and the Foreign Trade Policy. Exports are allowed subject to the conditions and quantity ceiling specified in Notification No.54 dated 07.06.2011.

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Acts Income Tax