Fulfillment Of Export Obligation 4.25

The licence holder shall furnish the following documents in support of having fulfilled the export obligation:-

For physical exports:-

(i) Bank Certificate of Exports and Realisation in the form given at Appendix-22A or Foreign Inward Remittance Certificate (FIRC) in the case of direct negotiation of documents or Appendix –22B in case of offsetting of export proceeds. However, realisation of export proceeds shall not be insisted if the shipments are made against :

(a) confirmed irrevocable letter of credit or

(b) bill of exchange is unconditionally Avalised/ Co- Accepted/ Guaranteed by a bank and the same is confirmed by the exporters bank.

The stipulations at (a) or (b) above must be certified by the bank in column 14/15 of Appendix- 22A.

(ii) EP copy of the shipping bill(s) containing details of shipment effected or bill of export in case of export to SEZ.

(iii) A statement of exports giving details of shipping bill wise exports indicating the shipping bill number, date, FOB value as per shipping bill and description of export product

(iv) A statement of imports indicating bill of entry wise item of imports, quantity of imports and its CIF value.

[DELETED-
(v) Self certified copy of relevant portion of Appendix-23 (REGISTER FOR MAINTENANCE OF CONSUMPTION AND STOCKS OF IMPORTED RAW MATERIALS/ COMPONENTS ETC BY THE ACTUAL USERS) ]

(Above (v) has been deleted vide PN.NO. 60/2005, DT. 10/10/2005)

(Above para (v) has been added vide PN. No. 08/2005, DT. 13/05/2005)

For deemed exports (including intermediate supplies):

(i) A copy of the invoice or a statement of invoices duly signed by the unit receiving the material and their jurisdictional excise authorities certifying the item of supply, its quantity, value and date of such supply.

However in case of supply of items which are non excisable or supply of excisable items to a unit producing non excisable product(s), a project authority certificate (PAC) certifying quantity, value and date of supply would be acceptable in lieu of excise certification.

However, in respect of supplies to EOU/EHTP/ STP/ BTP, the supplier has the additional option to furnish a copy of ARE-3 duly signed by the jurisdictional excise authorities/Bond Officer certifying the item of supply, its quantity, value and date of such supply in lieu of the excise attested invoice (s) or statement of invoices as given above.

(ii) Payment certificate from the project authority in the form given in Appendix-22C. In the case of supplies to EOUs/EHTPs/ STPs / BTPs deemed exports (including Intermediate Supplies), documentary evidence from the bank substantiating the realisation of proceeds from the Licence holder or EOUs/EHTPs/ STPs/ BTPs or the Project Authority, as the case may be, through the normal banking channel, shall be furnished in the form given at Appendix-22B. However realisation of proceeds shall not be insisted upon if the shipments are made against:

(a) confirmed irrevocable inland letter of credit or

(b) inland bill of exchange is unconditionally Avalised/ Co- Accepted/ Guaranteed by a bank and the same is confirmed by the exporters bank.

The stipulations at (a) or (b) above must be certified by the bank in column 5/6/7 of Appendix- 22B.

(iii) A statement of supplies giving details of supply invoices and indicating the invoice number, date, FOR value as per invoices and description of product.

(iv) A statement of imports indicating bill of entry wise item of imports, quantity of imports and its CIF value.

[DELETED-
(v) Self certified copy of relevant portion of Appendix-23 (REGISTER FOR MAINTENANCE OF CONSUMPTION AND STOCKS OF IMPORTED RAW MATERIALS/ COMPONENTS ETC BY THE ACTUAL USERS) ]

(Above (v) has been deleted vide PN.NO. 60/2005, DT. 10/10/2005)

(Above para (v) has been added vide PN. No. 08/2005, DT. 13/05/2005)