Reduction in Export Documentation Abolition of Various Declarations- reg

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rters are required to submit a large number of documents and declarations to the Customs, causing delays and adding to the transaction cost, the Government had set up a Sub-Committee under the chairmanship of the Chief Commissioner of Customs, Delhi to study the problem in all its aspects and make recommendations. The Sub-Committee was a multi disciplinary group and consisted of representatives from the Customs, DGFT, RBI, Federation of Indian Export Organisations (FIEO) and Delhi Exporters Association.  After  a careful scrutiny of the export documentation requirements under EDI system, the Sub-Committee has found that  the documents  required for customs purposes are only five viz. commercial invoice, packing list, ARE....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....f such goods, the market price  of export goods being not less than the drawback amount being claimed, the drawback being claimed is more than 1% of FOB value/less than 1% of the FOB value but more than Rs. 500 against the shipping bill,  the payment of duties in respect of containers, packing materials or other materials used in the manufacture and packing of export products and the goods being exported under bond or claim for rebate of duty. The  above declarations are presently listed at Sl. Nos.3, 4, 5, 9, 10, 11, 12, & 14 of Appendix-III and Sl. No. 2 of Appendix IV as prescribed vide this office letter No. 609/99/2002-DBK dated 29.5.2002. 2.2. Exports under DEPB Scheme The declarations being abolished are tho....