TaxTMI 
TaxTMI 
HB Vol.1 amended - Duplicate Advance Licence, Loss of EP copy of S/B
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....ordinary, Part-II- Section 3 - Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes following amendment in the Handbook of Procedures (Vol.1) (RE-98), 1997-2002: 1. The following may be added at the end of paragraph 4.19: "However, duplicate copy of freely transferable Advance licence and DEPB may be issued against an application accompanied by ....
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....rminus with the original license and therefore no request shall be entertained if the validity of the original license has expired. The 10% duty saved amount in DEPB will be equivalent to 10% of the available credit balance on the lost DEPB whereas for Advance licence, the amount shall be calculated on the basis of duty saved amount for the balance quantity and proportionate CIF value as per the ....
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....5. An indemnity bond is to be executed by the exporter to the effect that he would indemnify the Government for the financial loss if any on account of DEPB issued against lost Shipping Bill. 6. A certificate from the concerned Customs authority that no clearance has been allowed in respect of DEPB issued against the lost original Shipping Bill. The claim against the lost Shipping Bill shall be ....
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...._____ (date) being ____________ percent of the value of the goods/ components/ equipment/ capital goods supplied as per terms of the contract No. ____________ dated ___________ entered into with the sub contractor. It is also certified that we, the main contractor have supplied such goods / components / equipments / capital goods supplied by the sub contractor to the project authority against con....