DGFT endorsed the proposal of RBI to make declaration of foreign exchange remittance a part of the Shipping Bill.
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....ensing with SDF form - reg. 1. Attention of all Exporters, Customs Brokers and Public is invited to the Boards Circular No. 15/2015-Customs dated 18.05.2015 on the above mentioned subject. 2. Government has taken number of measures to enhance the ease of doing business. In this direction, a Committee constituted by Ministry of Commerce and Industry has also recommended the reduction of documents....
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....ge to / from India." DGFT has endorsed this proposal. 4. Accordingly, Board has issued Notification No 46/2015-Customs (N.T.), dated 18.05.2015 to incorporate the aforementioned declaration in lieu of SDF form in the Shipping Bill. Thus, declaration as mentioned in Para 3 above should be furnished by exporters as part of the declaration in the Shipping Bill with immediate effect. 5. All the Tra....