Accountability of inputs where Advance Authorisations are issued on net to net basis for parts/ components- reg.

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....clause and the type, technical specifications (including part No. if any) etc., of the components sought for import should conform to those utilized in the manufacture of the resultant product. which should be reflected in export documents (Shipping Bills) also. A condition to this effect shall be imposed on the licence." 2. Attention is also invited towards SI.No-4 of General Note for Engineering products which reads as under: ''For Import of components, in respect of Export product (a) where norms have not been standardized and published and the applicant seeks to import only Components (without any raw material. consumables etc.) or (b) where SION do not provide import of Components or (c) where additional Components in additio....

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....hould invariably declare input quantities used in the export product in the relevant part of the shipping bill. b. Authorisation holder shall submit an accountability statement showing description and quantity of exported products and inputs consumed therein as per the annexed format. c. A certificate, as per annexed format, from independent Chartered Engineer having domain knowledge, certifying that inputs imported are actually required for manufacturing of the resultant product and as per inventory; all imported inputs have been used in the resultant products. He shall also certify the quantity exported and item wise input quantity consumed. 5. This will also be applicable for Advance Authorisations where EODC are pending irrespective ....

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.... thereunder. Place: Date: Signature of the Applicant Name: Designation: Telephone number: Email Address: Certificate of Charted Engineer 1. I am a Chartered Engineer having Registration No. dated _______ (copy enclosed). My domain competence is in the field of (example mechanical, electrical etc.) _______ 2. I have examined the details of requirements of parts/components imported under Authorisation No dated _________ by M/s ________ _______ (Name applicant/manufacturer and address of factory where goods are manufactured). I have examined accountability statement furnished by Authorisation holder along with technical details thereof and requirements of parts/components etc. with regard to their technical description/ specification....