First time exporters, verification of documents

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....oods for first time through LCD TKD, New Delhi. 2. Representations have been received from first time exporters / other stakeholders highlighting problems faced during verification of documents by Customs. It has been represented that number of documents are being asked from them, which adds to the transaction cost and also leading to increase in dwell time. 3. With the objective to promote ease of doing business, reducing use of paper, to make export easier and hassle free and also to facilitate easy access of database of first-time exporters, procedure for KYC verification of first-time exporters would be as under: (i) A 'KY C cell' has been established at ICD-Export TKD, New Delhi headed by Deputy/Assistant Commiss....

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....of remittance of foreign exchange to the effect that account is being maintained satisfactorily. 4. Further, if an exporter has exported from any other Customs House and submits proof of past Export made, then, normally, fresh set of documents should not be insisted upon, except for random verification, wherever necessary. 5. It is being expected from Customs Brokers that they discharge their obligations as per Regulation 11 of Customs Broker Licensing Regulations, 2013 (relevant text reproduced below for reference) in proper form and manner and exercise all due diligence. 11. Obligations of Customs Broker. A Customs Broker shall - (n} verify antecedent, correctness of Importer Exporter Code {IEC} number, id....

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....nsure that the physical verification of the address declared in the IEC is completed at the earliest in at least 10% of the cases. (vi) For verification of outstation addresses, Customs formation, nearest to that address, may be requested to verify the address of such first-time exporters. (vii) Officer responsible to complete verification of aforesaid KYC documents in SIIB should also make telephonic call to the concerned Bank Branch as mentioned in the IEC details (obtained from DGFT website} or in the copy of Bank statement submitted by the exporter to verify the genuineness of the Bank accounts against that IEC. (viii) It will be the responsibility of SIIB to complete the verification process within å re....