Fulfillment of Export Obligation and maintenance of proper accounts of imports

4.68

Provision of paragraph 4.25 shall apply.

(First sentence of paragraph 4.68 has been amended vide PN. NO. 30/2007, DT. 26/07/2007)

[OLD- Provision of paragraph 4.24 above shall apply.]

Original DFIA holder shall maintain a true and proper account of consumption and utilisation of duty free imported /domestically procured goods against each authorisation as prescribed in Appendix 23. These records are required to be sent to concerned RA along with request for bond waiver / redemption / discharge of export obligation/ transferability. Such records should be preserved for a period of at least three years from date of redemption.