Declaration of Intent for claiming Chapter 3 benefits of Foreign Trade Policy-regarding.

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....al Authorities, Trade Associations. Subject:- Declaration of Intent for claiming Chapter 3 benefits of Foreign Trade Policy - regarding. Declaration of Intent for claiming benefit under Chapter 3 of Foreign Trade Policy (FTP) was made mandatory for all categories of shipping bills through Public Notice No. 82 dated 16.8.2010. This stipulation was to take effect from 01.01.2011. 2. The conditi....

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....ogy Parks (STPS) And Bio- Technology Parks (BTPS)] has considerable merit.Such shipping bills would have been assessed for valuation check by the Customs Authority. Accordingly, it has been decided to grant Chapter 3 benefits in respect of such cases, even though declaration of intent had not been mentioned. 4. Regional Authorities (RAs) may process such cases and allow Chapter 3 benefits where e....