Import of fuel under self declared AL, direct negotiation of documents, deemed supplies under irrevocable inland LC, addition of districts in AEZ, addition of agency authorized to issue certificate of origin (non preferential) etc

Import of fuel under self declared AL, direct negotiation of documents, deemed supplies under irrevocable inland LC, addition of districts in AEZ, addition of agency authorized to issue certificate of origin (non preferential) etc https://www.taxtmi.com/circulars?id=3484 Amendments permit direct negotiation of export documents with RBI permission and require FIRC and shipping details for export benefits. Newcomers must furnish bank guarantees to cover customs duty plus interest unless qualifying as status holders, PSUs, or registered manufacturer-exporters with requisite export and compliance records; small manufacturers registered with sales tax authorities face reduced guarantees and certification requirements. Duty-free import of fuel under Advance Licence is allowed for manufacturers with captive power plants subject to actual-user licence conditions, applicable SION or general/ad-hoc norms, exclusion of fuel from DEPB fixation, and procedural filings to the Advance Licensing Committee. Realisation of proceeds is dispensed with for shipments under confirmed irrevocable inland letters of credit when certified; certain districts are added to Agri Export Zones and an additional agency is authorised to issue non-preferential Certificates of Origin. en-us Wed, 04 Dec 2002 00:00:00 +0530 Fri, 28 Dec 2007 18:29:00 +0530 TaxTMI RSS Generator Import of fuel under self declared AL, direct negotiation of documents, deemed supplies under irrevocable inland LC, addition of districts in AEZ, addition of agency authorized to issue certificate of origin (non preferential) etc https://www.taxtmi.com/circulars?id=3484 Amendments permit direct negotiation of export documents with RBI permission and require FIRC and shipping details for export benefits. Newcomers must furnish bank guarantees to cover customs duty plus interest unless qualifying as status holders, PSUs, or registered manufacturer-exporters with requisite export and compliance records; small manufacturers registered with sales tax authorities face reduced guarantees and certification requirements. Duty-free import of fuel under Advance Licence is allowed for manufacturers with captive power plants subject to actual-user licence conditions, applicable SION or general/ad-hoc norms, exclusion of fuel from DEPB fixation, and procedural filings to the Advance Licensing Committee. Realisation of proceeds is dispensed with for shipments under confirmed irrevocable inland letters of credit when certified; certain districts are added to Agri Export Zones and an additional agency is authorised to issue non-preferential Certificates of Origin. Circulars DGFT Wed, 04 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3484