TaxTMI 
TaxTMI 
Procedure for Registration and Monitoring of DEEC/ADVANCE AUTHORISATION SCHEME - Reg.
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....09-Cus dated 25/05/2009 and Circular No.26/2009-Cus dated 30th September 2009 in case of DEEC/ADVANCE AUTHORISATION SCHEME. Keeping in view the changes that have been brought over the years in the Foreign Trade Policy and Circulars and Notifications issued by the board from time to time and requesting the trade and industry for reducing the documents regarding DEEC logging, the following procedure shall hence forth be followed in respect of imports made under DEEC/ADVANCE AUTHORISATION SCHEME. 2.0 Part -I Procedures for Registration of Advance Authorisation 2.1 The licence-holder or their representative has to get "NO ALERT" and "BULLETIN-VERIFICATION (SIGNATURE verification of licence issuing authority for only those Licences which are not transmitted online)' from the Licence section for registration of Licence. 2.2 The advance authorization Licences are classified in two categories as under - A) Advance authorization/Licences issued after fulfillment of Export Obligation. B) Advance authorization/Licences issued before fulfillment of Export Obligation. 2.2A Procedures for registration of advance authorization/Licences issued after Fulfillment of....
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....f the assessing officer, based on past record, feels that some revenue safe guarding measure is necessary, then a bond backed with sufficient bank guarantee may be taken. The importer also has an option to pay additional duty of Customs on the imported materials and clear the goods without furnishing any bond as specified above. The Additional duty of Customs so paid shall be eligible for availing CENVAT Credit under CENVAT Credit Rules, 2004. If the facility under rule 18 (rebate of duty paid on materials used in the manufacture of resultant product) or sub-rule (2) of rule 19 of the Central Excise Rules, 2002 or CENVAT credit under CENVAT Credit Rules, 2004 has not been availed, then the imported Materials can be cleared without furnishing a bond specified above. However, the Importer will have to furnish a proof to the assessing Officer to the effect that the "said facilities" have not been availed. v) The importer, shall further submit a certificate from the jurisdictional Central Excise Officer or a specified Chartered Accountant within 6 months from the date of clearance of the said materials, that the imported materials have been so used. It may be....
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....per Board's Circular No.58/2004 dated 21/10/2004 and shall cover the duty ordinarily on the goods but for the exemption also interest @ 15% per annum, thereon for the period of 36 months. 2.2B3 Execution of BG : (a) The Bank Guarantee should be submitted alongwith covering letter of the Bank as per the norms prescribed in Board's Circular Nos 58/2004 dated 21/10/2004 as amended vide Circular no. 17/2009-Cus dated 25/05/2009. (b) If the licence holder is availing BG exemption in terms of para 3.1 (a), (b), (c), (d) (e) of the Board's Circular Nos 58/2004 dated 21/10/2004 as amended vide Circular No.17/2009-Cus dated 25/05/2009 He shall submit the proof of export performance or payment of duty, as the case may be, duly certified by the jurisdictional Superintendent of Central Excise. In case where the Licence-holder is not registered with the Central Excise, but is a registered member of an Export Promotion Council, he shall produce a certificate from the concerned Export Promotion Council. In other case the Licence-holder shall produce a certificate duly authenticated by a practicing Chartered Accountant, who is registered with the Central Excise Dep....
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....2007 (wherein Export Obligation period of 2 years has expired), then the licence holder will not be eligible for Exemption of BG as per para 3.2 of Circular No.58/2004 dated 21/10/2004. 2.2B7 Appraiser will check the bond/BG, calculation of the duty foregone against the Licence and amount of bond/BG before acceptance. In case of BG, it is to be got verified from the issuing bank by the Customs Appraiser before acceptance of the B.G against the licence. 2.2B8 Then the Licence-holder/CHA will get generated the check-list for acceptance of Bond/BG from ED! Service-Centre. After verifying the check-list it will be submitted to the section of Gr-VII-A, B, C & D respectively for Generation of a job number. Then the job related to the Bond/BG is to be accepted by the A.C/DC-Gr.VII A, B, C & D in EDI system and Bond nos will be generated by the System. 2.2B9 After completing all the procedures related to Bond/BG with the Appraising Gr VII, the licence-holder/CHA shall submit the details of licences Bond/BG to the service centre for generation of check-List. The licence holder/CHA will check/verify the details of Check list and then submit it to service center for Job -No. for regi....
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....cence holder shall produce the following documents for verification of export/logging of exports against the advance Licence to the Assistant/Deputy Commissioner of Customs in charge of DEEC verification Cell. :- i) Original Licence alongwith all amendment sheets including letters/ARO, if any issued by the Licencing Authority. ii) Original Redemption Certificate/EODC alongwith 'NO BOND CERTIFICATE' showing the details of exports considered by licencing authority while issuing EODC. iii) B/L or mate receipt copy. iv) ARE-1/ARE-4 v) Any other document if required. 5.0 Part-II (Bj Cancellation of Bonds against Advance Licences, 5.1 The DEEC (monitoring section) will monitor the export obligation against Licences registered with this port. This section will update the records of pending bonds and BGs against the Licences, Online transmission of EODC from DGFT to Customs EDI through ICEGATE has not yet started. Some Joint DGETs (Regional Licencing Authorities) have started placing the EODC on their websites. The Preventive Officer/examiner will down load details of EODCs issued by various Joint DGFTs placed on their websites and....