Eximkey - India Export Import Policy 2004 2013 Exim Policy
CNP [Paragraph 9 B.5(ii)]Statement of expenditure incurred in foreign exchange by the correspondents / representatives of newspapers / periodicals / news agencies during the half year ended 30th September/31st March .......... Instructions:1. The statement should be completed by the Indian company in duplicate in a consolidated manner covering all the correspondents/respresentatives to whom remittances have been made during the previous half year through the concerned designated branch of an authorised dealer and submitted to that branch within one month of the close of half-year to which it pertains. 2. Part B of the statement should be completed by the companys auditors. 3. Authorised dealers must properly scrutinise the statement to ensure that all remittances allowed by them during the period under report in respect of all the correspondents/representatives have been accounted for by the company. 4. Authorised dealers should ensure that the companys auditors have given the required certificate as indicated in Part B of the statement. 5. Within fifteen days of the receipt of statement from the company, one copy thereof should be submitted by authorised dealers, after completing the certificate given in Part C of the statement, to the office of the Reserve Bank under whose jurisdiction the Registered Office of the company is situate. Part A - Statement of remittances and expenses 1. Name and address of the news- paper/periodical/news agency 2. Name of the correspondent/ 1 2 3 4 representative 3. Country of posting 4. (a) Amount remitted during the period (b) Amount not accounted for during the previous half year (c) Total (a+b) 5. Expenditure incurred (a) Maintenance expenses(salary, allowances, house rent etc.) (b) Office expenses (i) Office rent and service charges (ii) Telephone/cable charges (iii) Telex charges (iv) Postage & Stationery (v) Travel (vi) Newspapers/periodicals etc. (vii) Others (Please specify) (c) Total (a + b) 6. Balance amount to be accounted for during the next half year 4(c) - 5(c) We hereby certify that the particulars given hereinabove are true and correct to the best of ourknowledge and belief.Place: Stamp (Signature of the authorised official)Date : Name: Designation: Part B - Auditors CertificateWe have verified the relevant books and records ___________________________________of (name of the company) and the statement and vouchers received from ____________________________________ (Name/s of the correspondents/ representatives) towards expenses incurred by him / them during the half year ended 30th September/31stMarch........... and certify that the total expenses shown in Part A above of the statement are true and correct. Place: Stamp (Signature of auditors)Date : Name: Address: Registration No.: Part C - Certificate by Authorised DealerWe certify that an amount of U.S.$/Rs.................. was allowed to be remitted abroad to thecorrespondents / representatives named in Part A of the statement during the half year ended 30th September / 31st March........ . Place: Stamp (Signature of the authorised official) Date : Name: Designation: Name and address of the Authorised Dealer
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