TaxTMI 
TaxTMI 
DUTY EXEMPTION / REMISSION SCHEME
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....ibed documents, shall be furnished to concerned Norms Committee (NC) at DGFT Headquarter for fixation of Norms. In such cases, original copy of application along with prescribed fee shall be filed with RA concerned and a self-attested copy of same shall be filed with NC. Authorisation in such cases shall be issued by RA as per NC recommendation. NC shall also function as a recommendatory authority for SION. DGFT may notify such norms. 4.4.3 Applications, where Acetic Anhydride, Ephedrine and Pseudo-ephedrine is required as an input for import, shall be filed with RA concerned. Copies of such applications shall also be simultaneously endorsed to the Drug Controller of India, Nirman Bhawan, New Delhi, Narcotics Commissioner, Central Bureau of Narcotics, Gwalior and respective Zonal Director of Narcotics Control Bureau, alongwith a declaration that applicant will maintain prescribed records and also submit prescribed returns. 4.4.4 RA, while issuing Advance Authorisation for import of Acetic Anhydride, Ephedrine and Pseudo- ephedrine, shall endorse a condition that before effecting imports, NOC shall be obtained from Narcotics Commissioner of India, Central Bureau of Narcotics, Gw....
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.... under Para 4.4.2 above. Where export and / or import of bio-technology items are involved, Authorisation under this paragraph shall be issued by RA only on submission of a "No Objection Certificate" from Department of Bio-technology. Entitlement 4.7.1 CIF value of one or more such Authorisations shall be maximum500% of FOB and / or FOR value of preceding year's exports and / or supplies in case of status holders, and Rs. 5 crore or 500% of the FOB and / or FOR value of preceding year exports and / or supply, whichever is more, for others. However, in cases where NC has already ratified norms for same export and import products in respect of an Authorization obtained under paragraph 4.7, such norms shall be valid for a period of one year reckoned from the date of ratification. In such cases Authorisations shall be issued by RA concerned under "Adhoc Norms Fixed" category and application copies need not be forwarded to NC for fixation / ratification of norms. Authorisation holder in such cases shall be entitled for further Authorisation(s) as per norms ratified by NC without need for subsequent ratification by NC. In such cases applicant would file application under Adhoc Norm....
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.... as applied for shall be treated as final and no adjustment will be made. However, where application for fixation of adhoc / SION is rejected on account of non-furnishing of required documents / information, Authorisation holder shall be liable for penalty as stated in above paragraph. In case SION for the said product is notified, SION would be made applicable for deciding wastage norm and EO. In such cases where export obligation is completed pending fixation of norms by NC, entitlement for Authorisation as given in paragraph 4.7.1 may be re-credited upon production of documentary evidence (copies of Shipping bill / bill of export / Central Excise certified copies of invoices) showing fulfillment of export obligation in respect of previous Authorisations. However, bond waiver / redemption shall not be allowed pending fixation of norms in such cases. Financial Powers 4.8 11[Omitted] Standardisation of Adhoc Norms 4.9 For standardization of norms, an application may be made by manufacturer exporter or merchant exporter tied to supporting manufacturer, duly filled in with complete data. Such applications shall be made to NC in ANF 4B. Import of fuel may also be allowed und....
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.... (c) aggregate CIF value of imports; and (d) FOB / FOR value and quantity of exports / supplies. Exports in Anticipation of Authorisation 4.12 Exports / supplies made from the date of EDI generated file number for an Advance Authorisation, may be accepted towards discharge of EO. Shipping / Supply document(s) should be endorsed with File Number or Authorisation Number to establish co-relation of exports / supplies with Authorisation issued. The requirement of endorsement of file number or Authorisation number on the shipping bill would be dispensed with once the EDI Data Transmission System for the shipments becomes operational. If application is approved, authorisation shall be issued based on input / output norms in force on the date of receipt of application by RA in proportion to provisional exports / supplies already made till any amendment in norms is notified. For remaining exports, Policy / Procedures in force on authorisation issue date shall be applicable. 4.12.1 Exports / supplies made in anticipation of grant of an Advance Authorisation shall be entirely on risk and responsibility of exporter. 4.12.2 Conversion of duty free shipping bills to drawback shipping bill....
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.... of credit from banks. An Advance Authorisation / DFIA holder may approach a bank for opening an inland letter of credit (L/C) in favour of an indigenous supplier. 4.15.1 Before opening the L/C, bank will ensure that necessary BG / LUT has been executed by Advance Authorisation / Non Transferable DFIA holder and an endorsement to that effect has been made on the Authorisation. However, execution of BG / LUT shall not be required against transferable DFIA. After opening inland L/C, bank shall make following endorsement on Exchange Control and Customs copy of Advance Authorisation / DFIA: Value of this Advance Authorisation / DFIA stands reduced by a sum of Rs. ________ , being value of inland L/C No.________ opened today by Authorisation holder in favour of M/s ____________________ (name and address of indigenous supplier). 4.15.2 Authorisation shall be invalidated by bank for direct import only in respect of full quantity and value of item being sourced indigenously. 4.15.3 Original Letter of credit (L/C) may be retained by bank for negotiation and only non-negotiable copy of L/C may be given to indigenous supplier. 4.15.4 Responsibility of bank shall be confined to making en....
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.... case BG / LUT has been redeemed, Advance Authorization holder can get duty free inputs processed from any manufacturer under Actual User condition as per job work regulations prescribed under Central Excise Rules. However such restriction shall not be applicable in case of transferable DFIA holder. Facility of Co- Licensee 4.17 Deleted. Acceptance of BG/LUT 4.18 At the time of issue of Authorisation, acceptance of undertaking given by applicant to RA concerned in relevant ANF will be endorsed on the reverse of Advance Authorisation. Authorisation holder shall execute Bank Guarantee / Legal Undertaking, as the case may be, in terms of para 2.20 of HBP v1. Port of Registration 4.19 Advance Authorisation shall be issued for the purpose of import and export through one of sea ports or airports or ICDs or LCS specified below. Authorisation holder shall register Authorisation at the port specified in Authorisation and thereafter all imports against said Authorisation shall be made only through that port, unless the Authorisation holder obtains permission from customs authority concerned to import through any other specified port. However, exports may be made through any of the s....
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....NC in other cases, shall consider a request in ANF 4D for clubbing all imports and exports of more than one Advance Authorisation provided imported inputs are properly accounted for as per norms. Value addition of the Authorisations so clubbed shall be average of minimum value addition prescribed in FTP and Procedure laid thereunder, imposed on individual Authorisations. Upon clubbing, Authorisations shall, for all purposes, be deemed to be one Authorisation and thereafter shortfall, if any, shall be regularized in terms of para 4.28 of HBP v1. 4.20.2 Accountability of imports and exports shall be restricted in relation to individual categories of Advance Authorisations including Advance Authorisation for annual requirements. 4.20.3 Facility is available only for Advance Authorisation(s) where there is shortfall in fulfillment of EO, and which is sought to be clubbed with an Advance Authorisation(s) which is valid for imports. For expired Authorisation(s) with EO shortfall and which is sought to be clubbed with an Advance Authorisation(s) which is valid for imports, applicant shall pay composition fee for EO period extension as per paragraph 4.22 below. 4.20.4 Wherever exports a....
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....d against each entry therein. Facility of extension of EOP shall not be allowed in case of Advance Authorisation issued for these inputs. RA shall make an endorsement in Advance Authorisation to this effect.] 4.22.1 Request for extension in EOP may be made in ANF 4E. RA shall grant one extension for six months from expiry date with payment of composition fee of 2% of duty saved on all unutilized imported items as per Authorisation. Request for a further extension of six months may be considered by RA with payment of composition fee of 5% of duty saved, based on all unutilized imported items as per Authorisation. 13[Facility of extension of EOP shall not be allowed in case of Advance Authorisation wherein import of penicillin and its salts (ITC(HS) Code No.29411010) and 6-APA (ITC(HS) Code No.29411050) have been allowed as an input and also for import of spices and tea. RA shall make an endorsement in Advance Authorisation to this effect.] Such extensions would not be permitted in erstwhile Value Based Advance Authorisations (VABALs). Additionally, no extension in EO would be allowed in respect of Authorisations where misrepresentation / fraud has come to notice of RA. Further, ....
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....irement 4.24A (a) Exporters eligible for such Authorisations shall file anapplication in ANF 4A to RA concerned. All provisionsas to Advance Authorisation given above would applyexcept the following: (i) RA while issuing Authorisation shall mention technical characteristics quality and specifications in respect of following inputs:- Alloy steel including stainless steel, copper alloy, synthetic rubber, bearings, solvents, perfumes/essential oils/aromatics chemicals, surfactants, relevant fabrics and marble. (ii) Authorisation holder shall have flexibility to export any product falling under export product group using duty exempted material. (iii) Within eligible entitlement, an exporter may apply for one or more than one Authorisations in a licensing year, subject to condition that against one port of registration only one Authorisation can be issued for same product group. One time enhancement / reduction of the Authorisation shall be available in terms of paragraph 4.21 above. (iv) On completion of EO against one or more Authorisations, all issued in same licensing year, entitlement of an exporter for that licensing year shall be deemed to be revived by an amount equivalent....
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.... be made by RA in the redemption certificate. Transitional Arrangement for Authorisations issued upto 31.8.2004 4.27 Advance Licences, including Advance Licences for Annual Requirement issued upto 31.8.2004, shall be governed by provisions contained in Chapter-7 of HBP v1 (RE-2001) and Chapter 4 of HBP v1 (2002-2007) as Notified on 31.3.2002 respectively as amended from time to time, excepting provisions relating to clubbing and extension in E.O. period which shall be governed by provisions of paragraphs 4.20 and 4.22.1 respectively above, and any other provision, as notified by DGFT. However, wherever Customs duty is to be paid on unutilised material, same shall be paid alongwith interest thereon as notified. Regularisation of Bonafide Default 4.28 Cases of bonafide default in fulfillment of EO may be regularised by RA as under: (i) If EO is fulfilled in terms of value, but there is a shortfall in terms of quantity, the Authorisation holder shall, for regularisation, pay:- (a) to customs authorities, customs duty on unutilized value of imported / indigenously procured material along with interest as notified; and (b) an amount equivalent to 3% of the CIF value of unutilis....
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....o pay customs duty on unutilized value of imported material, alongwith interest thereon as notified, or effect additional export within the EO period. Time Period For Depositing Fines, Customs Duty, Etc. 4.29 Customs duty with interest to be recovered from Authorisation holder on account of regularisation or enforcement of BG / LUT, shall be deposited by Authorisation holder in relevant Head of Account of Customs Revenue i.e., "Major Head 0037 - Customs and minor head 001- Import Duties" in prescribed T.R. Challan, within 30 days of demand raised by Regional / Customs Authority and documentary evidence shall be produced to this effect to RA / Customs authority immediately. On receipt of such documentary evidence from Authorisation holder, RA shall intimate details of recovery / deposits made to Customs Authority at port of registration under intimation to Joint Secretary (Drawback), Department of Revenue, Ministry of Finance, Jeevan Deep Building, New Delhi. Payment of amount of duty, interest and any dues for regularisation shall, however, be without prejudice to any other action that may be taken by Customs Authorities at any stage under Customs Act, 1962. Maintenance of Pro....
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....CHEME Duty Entitlement Passbook (DEPB) Scheme 4.37 Policy relating to Duty Entitlement Passbook (DEPB) Scheme is given in Chapter-4 of FTP. Duty credit under the scheme shall be calculated by taking into account deemed import content of said export product as per SION. Value addition achieved by export of such product shall also be taken into account while determining the rate of duty credit under the scheme. Fixation of DEPB Rate 4.38 ANF 4C prescribes form regarding fixation of DEPB rates. All applications for fixation of DEPB rates shall be routed through concerned EPCs which shall verify the FOB value of exports as well as international price of inputs covered under SION. Provisional DEPB Rate 4.38A To encourage diversification and to promote export of new products, DEPB Committee would be empowered to notify provisional DEPB rates. However, such DEPB rates would be valid for a limited period of time during which exporter would furnish data on export and import for regular fixation of rates. Exports in anticipation of DEPB Rate 4.39 No exports shall be allowed under DEPB scheme unless DEPB rate of concerned export product is notified. Port of Registration 4.40 Expo....
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....Development Commissioner will verify Denied Entity List (DEL) status of supplier from DGFT website before allowing DEPB benefits. SEZ unit will file application with Development Commissioner concerned in ANF 4G along with prescribed documents. 4.44 DEPB shall be issued with transferable endorsement after payment confirmation. In other cases, DEPB shall be initially issued with non-transferable endorsement and upon realization, can be endorsed as transferable. Monitoring of Realisation 4.45 15[RA shall monitor all such cases wherein the Scrip(s) has been issued without Bank Realisation Certificate(BRC) and ensure that the BRC is submitted within 12 months from the date of issuance of the Scrip. In case no RBI extension is produced, RA shall initiate action for recovery of the same. In such cases, DEPB holder (the original applicant) shall deposit in cash or through debit of the valid DEPB / adjustment of pending DEPB claim for an amount equivalent to the Duty Free Credit allowed. If amount realized in Free Foreign Exchange is less, then payable amount would be reduced proportionately. However, if the DEPB holder does not pay the amount within 60 days of the expiry of the 12 mont....
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....nically by Customs to DGFT, DEPBs issued shall be sent to Customs at port of registration through an electronic message exchange system, and DEPB shall be registered at port of registration electronically. No verification of shipping bills against which such DEPBs have been issued, will be required before allowing imports against these DEPBs. Revalidation 4.50 No revalidation shall be granted beyond original period of validity of DEPB, unless it expires in custody of Regional / Customs Authorities as per paragraph 2.13 of HBP v1. Re-export of goods imported under DEPB Scheme 4.51 Goods imported under DEPB scheme, which are found defective or unfit for use, may be re-exported, as per guidelines given in paragraph 3.23.6 of HBP v1. Issuance of DEPB and other duty credit certificates against lost EP copy of the Shipping Bills 4.52 In case where EP copy of Shipping Bill has been lost, DEPB and other duty credit certificates' claim can be considered, subject to submission of following documents:- (a) A duplicate / certified copy of Shipping Bill issued by Customs authority in lieu of original; (b) An application fee equivalent to 2% of the DEPB or other duty credit entitlement ....
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....risation (DFIA) Scheme is prescribed in Chapter 4 of FTP. Application 4.55 An application in ANF 4H along with documents therein, shall be submitted to RA concerned. 4.55.1 Guidelines as in paragraph 4.4.1 and 4.4.3 above would be adhered to. 4.55.2 Deleted 4.55.3 However in respect of following items, exporter shall be required to give declaration with regard to technical characteristics, quality and specification in shipping bill. RA while issuing DFIA shall mention technical characteristics, quality and specification in respect of such inputs: Alloy steel including Stainless Steel, Copper Alloy, Synthetic Rubber, Bearings, Solvent, Perfumes/ Essential Oil/ Aromatic Chemicals, Surfacatants, Relevant Fabrics, Marble, Articles made of polypropylene, Articles made of Paper and Paper Board, Insecticides, Lead Ingots, Zinc Ingots, Citric Acid, Relevant Glass fibre reinforcement (Glass fibre, Chopped / Stranded Mat, Roving Woven Surfacing Mat), Relevant Synthetic Resin (unsaturated polyester resin, Epoxy Resin, Vinyl Ester Resin, Hydroxy Ethyl Cellulose), Lining Material. 4.55.4 Deleted DFIA for applicants with multiple units 4.56 Transfer of any duty free material imported ....
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....ured goods against each authorisation as prescribed in Appendix-23. These records are required to be sent to concerned RA along with request for bond waiver / redemption / discharge of export obligation/ transferability. Such records should be preserved for a period of at least three years from date of redemption. Facility for Split DFIA 4.68A Split Authorisations of DFIA subject to a minimum of CIF value of Rs. 10 lakhs each and multiples thereof may also be issued, on request, at the time of seeking transferability. A fee of Rs. 1000/- each shall be paid for each split authorization. Split-up DFIAs shall be permitted with same Port of Registration as appearing on the original DFIA. 4.69 Deleted. Redemption 4.70 Provision of paragraph 4.26 above shall apply. Regularisation of Bonafide default 4.71 Cases of bonafide default in fulfillment of export obligation may be regularised by as prescribed in paragraph 4.28 above. Transferability of the DFIA 4.72 Once export obligation is fulfilled and required documents as stipulated in Paragraph 4.68 above have been furnished, RA shall make authorisation transferable subject to conditions stipulated for this scheme including an ....
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....5% (b) Studded jewellery and articles thereof 9.0% 10% (c) Mountings and findings manufactured (by non-mechanised process) indigeneously 3.5% 4.5% (d) Any jewellery/articles manufactured by a fully mechanised process and unstudded. 1.25% 1.25% (e) Mountings, whether imported or indigenously procured/ manufactured, used in studded jewellery 2.5% 2.5% (f) Gold/silver/platinum medallions and coins (excluding coins of nature of legal tender) 0.25% 0.25% (g) Findings and mountings manufactured by mechanized process 1.25% 1.25% Value Addition 10[4A.2.1 Under the scheme for export of jewellery, value addition shall be calculated as per paragraph 4A.6 of FTP. Minimum value addition shall be: Sl. No. Item of Export Minimum Value Addition a) Plain gold/platinum /silver jewellery and Articles and ornaments like Mangalsutra containing gold and black beads/imitation stones, except in studded form of jewellery. 3% b) All types of Studded gold/ platinum/ silver Jewellery and articles thereof. 5% c) Any jewellery/ articles manufactured by fully mechanised process 1.5% d) Gold/ silver/ platinum medallions & coins (excluding coins of the nature of legal ten....
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....ts equivalent quantity in terms of 0.995/0.999 fineness for gold/ silver and in terms of 0.9999 fineness for platinum and its value, fob value of exports and value addition achieved. If purity of gold/silver/platinum used is same in respect of all or some of items made out from each of these metals for export, exporter may give total weight of gold/silver/platinum and other details of such similar items which are of same purity. In case of studded items, shipping bill shall also contain description, weight and value of precious/ semi-precious stones/diamonds/ pearls used in manufacture, and weight / value of any other precious metal used for alloying gold/silver. Conditions of Exports 4A.7 Exports shall be allowed by customs authorities provided endorsement made on shipping bill and invoice are correct and value addition achieved is not below minimum prescribed in FTP. Proof of Exports 4A.8 Exporter has to furnish the proof of exports, wherever required for export of gold / silver / platinum jewellery and articles thereof, by furnishing following documents: (a) E.P copy of the shipping bill; (b) Customs attested invoice; (c) Bank certificate of realisation in Appendix 22A.....
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....DA) basis or advance payment in foreign exchange. Port of Export 4A.12 Exports under schemes of gold /silver/platinum jewellery and articles thereof shall be allowed by airfreight and Foreign PostOffice through the Customs House at Mumbai, Calcutta, Chennai, Cochin, Delhi, Jaipur, Bangalore, Kochi, Coimbatore, Ahmedabad, Dabolin Airport, Goa, Hyderabad and Surat (Surat Hira Bourse). Export by courier shall also be allowed through Custom Houses at Mumbai, Calcutta, Chennai, Cochin, Coimbatore, Delhi, Jaipur, Bangalore, Ahmedabad and Hyderabad upto FOB value of Rs.20 lakhs per consignment. Export by Post 4A.13 Policy for export of gems and jewellery parcel by post is in paragraph 4A.17 of FTP. At the time of exports, exporter shall submit following documents: (i) Shipping bills or invoice presented at foreign Post Office; (ii) Certificate from nominated agencies indicating price at which gold/ silver/platinum was booked or given on outright sale basis or loan basis; (iii) Three copies of invoice. 4A.14 Deleted Export Against Supply By Foreign Buyer 4A.15 Before clearance of each consignment of import supplied by foreign buyer, nominated agency shall execute a bond with Cus....
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....ffice of nominated agency / Status Holder / exporter concerned is situated. It shall be valid for shipment for a period of seven days including the date on which endorsement was made by nominated agency in case of exports through nominated agency. If exports cannot be made within this period, exporter shall file a fresh shipping bill. 4A.15.5 At the time of export, exporter shall submit following documents: (i) Shipping bill with two extra copies where exports are made from a Customs House other than Customs House through which corresponding import of gold / silver / platinum / plain semi-finished gold / silver / platinum jewellery was effected. In other cases, shipping bill with an extra copy; (ii) Three copies of invoice; (iii) Certificate from nominated agency indicating quantity and value of items supplied by foreign buyer. 4A.15.6 Customs authorities shall return two copies of shipping bill and connected invoice duly attested. One copy shall be sent to person who presented documents and the other copy shall be sent by Customs to office of nominated agency / Status holder / exporter. 4A.15.7 In case of exports through nominated agency, exporter shall submit proof of expor....
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....articipating in more than one exhibition within 45 days of close of first exhibition, then 60 days shall be counted from date of close of last exhibition. In case of personal carriage of gems and jewellery for holding / participating in overseas exhibitions, value of such gems and jewellery shall not exceed US $ 2 million. Gold/ silver/ platinum content on items sold in such exhibitions may be imported as replenishment. Exporter shall take replenishment, from nominated agency, within 120 days from the close of the exhibition, gold / silver / platinum for replenishment content against items sold abroad in exhibition. (ii) Personal Carriage of gems & jewellery or export through airfreight / post parcel route for Export Promotion Tours / photo shoots / fashion shows overseas. Personal carriage / export through airfreight / post parcel route of gold / silver / platinum jewellery, cut and polished diamonds, precious, semi-precious stones, beads and articles as samples upto US$ 100,000 for export promotion tours / photo shoots/ fashion shows and temporary display / sale abroad is also permitted with approval of Gem & Jewellery EPC subject to the condition that promoter would bring bac....
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....ich shall be adjusted at actual sale. 4A.21.2 Exporter may also export jewellery on a notional rate based on certificate provided by Bank. Exporter must fix price within credit terms allowed to buyer, and realise proceeds within the due date of the credit terms or 180 days, whichever is earlier. Exporter exporting on a notional basis under Replenishment Scheme must book the same quantity of gold with Nominated Agency on samerate that he may have booked with buyer. Nominated agencies shall purchase precious metal on behalf of exporter at the rate so fixed and thereafter issue a purchase certificate bearing a serial number to exporter indicating quantity of gold / silver / platinum and CIF value, in dollars including the Rupee equivalent. Price shall be actual price at which gold / silver / platinum is purchased by nominated agencies, plus permitted service charges levied by nominated agencies shall be included with the price of gold / silver / platinum for value addition. Duplicate and triplicate copies of exporter's application, together with copies of purchase certificate for exporter shall be sent by nominated agencies to concerned Custom House, as well as to the negotiating ban....
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....ts against Advance Authorisation 4A.25 Procedure applicable to Advance Authorisations under Chapter 4 of HBP v1 shall generally apply to this scheme except norms for value addition, EO period and regularization of default. 4A.25.1 EO will be required to be fulfilled within 120 days from date of import of each consignment against Authorisation. However EO period shall be 180 days from date of import of findings, mountings made of gold, platinum and silver and export of jewellery. No further extension in EO period will be allowed. Advance Authorisation holder may also import gold as replenishment after completion of exports. 4A.25.2 Advance Authorisation holder may obtain gold / silver / platinum from nominated agencies in lieu of direct imports. In such a case, nominated agency shall make, both exchange control copy and customs purpose copy of Authorisation invalid for direct imports. Diamond Imprest Authorisation 4A.26 Deleted. Application 4A.26.1 Deleted. Export Obligation 4A.26.2 Deleted. Regularistion of Bonafide Default 4A.27 Cases of bonafide default in fulfillment of EO by an exporter who has obtained precious metals from nominated agencies may be regularised ....
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....rance of imports under this scheme shall be as per normal customs clearance procedure. Duty free import of samples 4A.31 Duty free import of gems and jewellery samples upto Rs 3 lakhs or 0.25% of the average of last three years export turnover of gems and jewellery items, whichever is lower, shall be allowed in a financial year as per of Customs notification. Re-import of rejected jewellery 4A.32 An exporter of plain/ studded precious metal jewellery shall be allowed to re-import duty free jewellery rejected and returned by buyer upto 2% of FOB value of exports in preceding licencing year (based on CA certified copy of export of preceding year) with refund of any duty exemption/refund/replenishment benefit availed on inputs used, as per customs rules and regulations. 4A.32.1 Deleted. Diamond & Jewellery Dollar Accounts 4A.33 Policy for Diamond and Jewellery Dollar Accounts is given in paragraph 4A.19 of FTP. Detailed procedure for its operation will be notified separately. Import of precious metal scrap/used jewellery for melting and re-export of jewellery 4A.34 Policy for Import of precious metal scrap/used jewellery for melting and re-export of jewellery is given in pa....
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....edure, after fulfillment of EO." 7. Has been added vide PUBLIC NOTICE NO 75 (RE-2008) /2004-09 dated 2/9/2008 8. Has been substituted vide Public Notice No. 80 (RE 2008)/2004-2009 dated 15/9/2008 before it was read as, "(a) A duplicate / certified copy of concerned document issued by Customs Authority / Bank in lieu of original;" 9. Has been substituted vide Public Notice No. 80 (RE 2008)/2004-2009 dated 15/9/2008 before it was read as, "(d) An indemnity bond by exporter to the effect that he would indemnify Government for financial loss, if any, on account of duty free import entitlement availed / allowed against lost Shipping Bills / BRC. Customs Authority, before allowing redemption of BG / LUT or clearance after endorsement of "No BG / LUT condition" or endorsement of transferability, shall ensure that no double benefit against such shipping bill has been availed." 10. Has been substituted vide Public Notice No. 98 (RE-2007) 2004-09 dated 24/10/2008 Under scheme for export of jewellery, value addition shall be calculated as per paragraph 4A.6 of FTP. Minimum value addition shall be: S.No. Item of Export Minimum Value Addition (a) Plain gold / platinum / silver jewell....
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....ths from the date of importation of first consignment." 13. Replaced vide PUBLIC NOTICE NO. 135/2008, DT. 15/01/2009, dated 15/01/2009, before it was read as:- "Facility of extension of EOP shall not be allowed in case of Advance Authorisation wherein import of penicillin and its salts (ITC (HS) Code No. 29411010) and 6 - APA (ITC (HS) Code No. 29411 050) have been allowed as an input and also for import of spices and tea. RA shall make an endorsement in Advance Authorisation to this effect." 14. Amended vide Public Notice No. 145 (RE 2008)/2004-2009, dated 17/02/2009, before it was read as:- "The period for discharge of export obligation against Advance Authorisations (erstwhile licences) issued for Export of Sugar stands automatically extended for one year (without payment of Composition Fee) w.e.f the date on which their export obligation period expires provided the export obligation period did not expire prior to 19-4-2007." Also See Public Notice No. 160(RE-2008)/2004-09, dated 06/03/2009 15. Substituted vide PUBLIC NOTICE No.151 (RE-2008)/2004-09, dated 26/02/2009, before it was read "RA shall monitor earlier cases where DEPB has been granted prior to realisation of export....