Search Result for : Eodc

CBEC further eases procedures for exporters under EPCG

The Dollar Business Bureau The latest notification by the CBEC reg: Rationalization of procedures in handling exporters obligations under EPCG authorizations- is an instruction with regard to handling exporters obligations under EPCG authorizations, to ensure transparent random selection criteria and selection for 5% check being made at the Joint/Additional Commissioner level and the relevant exporter being invariably informed, on the date of selection itself, via official email communication that his/her case is selected for detailed checks. The CBEC has also asked for speedier methods in the bond cancellation procedure so that the exporter is not asked to routinely produce information that can actually be procured from the Customs EDI system.   A detail of the instructions is given in the following points:   1. In the earlier notification - Circular ...

TDB Articles

Timely cancellation of bond executed with Customs in advance authorisation cases

Dated 2nd December, 2015 | Copy of | Instruction | F.No.605/71/2015-DBK Government of India Ministry of Finance, Department of Revenue Central Board of Excise & Customs New Delhi To Principal Chief Commissioners/Chief Commissioners (All) Principal Directors General/Directors General (All) Principal Commissioners/Commissioners (All) Timely cancellation of bond executed with Customs in advance authorisation cases - regarding During discussions in the Ministry, the Export Promotion Councils have highlighted that field formations take substantial time to cancel the bond executed by exporters with the Customs in terms of the advance authorisation notifications. EPCs informed that much of this time is associated with retrieval of bond file and re-verifying documentation submitted by exporter for obtaining the export obligation discharge certificate (EODC) from the Regional Authority of DGFT. The matter ...

9.10 Time Bound Disposal of Applications

RA shall dispose of applications expeditiously. Following time schedule shall normally be followed to dispose of applications provided it is complete in all respects and is accompanied by prescribed documents. In all the above cases, the number day is counted from the date of submission of complete application. Cases of undue delay in disposal of applications may be brought to notice of head of regional offices by way of a written representation, which shall be promptly enquired into and responded to.