Eximkey - India Export Import Policy 2004 2013 Exim Policy

FORM : PP

EXCHANGE CONTROL

(EXPORTERS DECLARATION)

ORIGINAL

Form Number:

 

(Please see Notes to Exporters overleaf)

1.(a)

Name of the Post Office....................................

 

(b)

Number and date of Parcel Receipt..........................

 

2.

Exporters Name:...........................................

(for RBI

3.

Importer/Exporter Code No:.............................

use)

4.

Buyers/Consignees Name and address:......................

 

 

........................................................................................

 

 

 

 

5.

Country of destination.....................................

 

6.

Nature of contract*(i)CIF/(ii)C&F/(iii)FOB/(iv)Others

 

 

 

 

 

Specify): .................................................

 

7.

Date of despatch ..........................................

 

8.

Type of shipment*(i)Outright Sale/(ii)Consignment

 

 

 

 

 

export/(iii)Others (Specify) ..............................

 

9.

Description of goods: .....................................

 

 

 

 

10.

Quantity of goods: Unit ¨ ..................... Quantity................

 

11.

Currency of Invoice.................

 

 

[¨ Tonne/Kilogram/Litre/Cubic Metre/

 

 

Sq. Metre/Metre/Number/Others (Specify)]

 

@

Where the full export

 

12.

Analysis of export value:

 

 

value is not ascertainable,

 

Particulars

Currency

Amount

 

 

value expected on sale of

 

 

 

 

 

 

goods in the overseas

 

@Full Export value

 

 

 

 

market may be shown

 

 

 

 

 

W

No application permission

 

F.O.B. Value

 

 

 

 

for remittance/deduction

 

 

 

 

 

 

from the declared value on

 

Freight

 

 

 

 

account of agency

 

 

 

 

 

 

commission and/ or

 

Insurance

 

 

 

 

discount will be

 

 

 

 

 

 

entertained by the

 

W Discount (Rate....)

 

 

 

 

Reserve Bank or

 

 

 

 

 

 

authorised dealer unless

 

W Agency Commission

 

 

 

 

these have been declared

 

(Rate....)

 

 

 

 

on this form

 

 

 

 

 

 

 

 

(For Customs Use)

 

13.

Customs Assessable Value

 

 

Export Value verified

 

 

(Rupees)............................................

 

 

 

 

 

 

 

(Customs Appraiser)

 

 

 

 

 

 

14.

If the export is made under general permission of the

 

 

Reserve Bank of India, Number and date of its approval.......

 

 

 

 

15.

If the export is made under L/C arrangements, name of

 

 

advising bank in India.............................................................

 

 

 

 

16.

State if the payment is to be received through the Asian

 

 

Clearing Union: *Yes/No....................................

 

 

 

 

17.

Name & address of bank through whom payment is to be

 

 

received...................................................................................

 

I/we hereby declare that I/we am/are the *SELLER/CONSIGNOR of the goods in respect of which the declaration is made and that the particulars given above are true and that *(a) the export value as contracted with the buyer is the same as the full export value declared above /*(b) the full export value of goods is not ascertainable at the time of export and that the value declared is that which I/we, having regard to the prevailing market conditions, expect to receive on the sale of goods in the overseas market.

 

I/we undertake that I/we will deliver to the bank named above the foreign exchange representing the full export value of the goods on or before § ..................................... in the manner prescribed in Rule 9 of the Foreign Exchange Regulation Rules, 1974. I/we further declare that I/we am/are resident in India and I/we have a place of business in India.

 

I/we* am/are not in the Caution List of the Reserve Bank of India.

 

am/are

§ State approximate date of delivery which must be the due date for payment or within twelve months [OLD- six months ] from the date of shipment, whichever is earlier.

 

* Strike out whichever is not applicable.

 

(For A.D.s use)

 

 

 

 

 

(Signature of Exporter)

 

 

 

Date:

 

 

Stamp & Signature of Authorised dealer

 

Address

 

 

Date:........................................

 

 

 

Banks Uniform Code No......................

 

 

 

 

NOTES TO EXPORTERS

1)

This form should not be pasted on the Parcel.

 

 

2)

The PP form procedure applies to postal exports to all territories outside India excluding Nepal and Bhutan. The PP form should be completed in duplicate in all cases.

 

 

3)

The Original should be submitted by the exporter to the Post Office after having it countersigned by an authorised dealer in foreign exchange. The Post Office through which the goods have been despatched will forward the Original to the nearest office of Reserve Bank of India.

 

 

4)

All documents relating to export of goods from India must be passed through the medium of an authorised dealer in foreign exchange in India within 21 days of the date of shipment of the goods.

 

 

5)

The amount representing the full export value of goods must be realised on the due date for payment or within twelve months [OLD- six months ] from the date of shipment, whichever is earlier.

 

 

Note:

Government of India/Indian financial institutions may conclude from time to time Special Trade Agreements with other countries providing for settlement of certain payments from the countries in a specified manner or for exports to be financed from Government to Government Credits. Reserve Bank will advise authorised dealers of such arrangements by issue of circulars. Methods of payment specified in the individual arrangements will have to be followed in such cases.

 

 

 

SPACE FOR USE BY RESERVE BANK OF INDIA

 

FORM : PP

 

EXCHANGE CONTROL

(EXPORTERS DECLARATION)

DUPLICATE

Form Number:

1.(a)

Name of the Post Office....................................

 

(b)

Number and date of Parcel Receipt..........................

 

2.

Exporters Name:...........................................

(for RBI

3.

Importer/Exporter Code No:.............................

use)

4.

Buyers/Consignees Name and address:......................

 

 

........................................................................................

 

 

 

 

5.

Country of destination.....................................

 

6.

Nature of contract*(i)CIF/(ii)C&F/(iii)FOB/(iv)Others

 

 

 

 

 

Specify): .................................................

 

7.

Date of despatch ..........................................

 

8.

Type of shipment*(i)Outright Sale/(ii)Consignment

 

 

 

 

 

export/(iii)Others (Specify) ..............................

 

9.

Description of goods: .....................................

 

 

 

 

10.

Quantity of goods: Unit ¨ ..................... Quantity..............

 

11.

Currency of Invoice.................

 

 

[¨ Tonne/Kilogram/Litre/Cubic Metre/

 

 

Sq. Metre/Metre/Number/Others (Specify)]

 

@

Where the full export

 

12.

Analysis of export value:

 

 

value is not ascertainable,

 

Particulars

Currency

Amount

 

 

value expected on sale of

 

 

 

 

 

 

goods in the overseas

 

@Full Export value

 

 

 

 

market may be shown.

 

 

 

 

 

W

No application for

 

F.O.B. Value

 

 

 

 

permission for remittance/

 

 

 

 

 

 

deduction from the

 

Freight

 

 

 

 

declared value on account

 

 

 

 

 

 

of agency commission and/

 

Insurance

 

 

 

 

or discount will be

 

 

 

 

 

 

entertained by the

 

W Discount (Rate....)

 

 

 

 

Reserve Bank or

 

 

 

 

 

 

authorised dealer unless

 

W Agency Commission

 

 

 

 

these have been declared

 

(Rate....)

 

 

 

 

on this form

 

 

 

 

 

 

 

 

(For Customs Use)

 

13.

Customs Assessable Value

 

 

Export Value verified

 

 

(Rupees)............................................

 

 

 

 

 

 

 

(Customs Appraiser)

 

 

 

 

 

 

14.

If the export is made under general permission of the

 

 

Reserve Bank of India, Number and date of its approval.......

 

 

 

 

15.

If the export is made under L/C arrangements, name of

 

 

advising bank in India.............................................................

 

 

 

 

16.

State if the payment is to be received through the Asian

 

 

Clearing Union: *Yes/No....................................

 

 

 

 

17.

Name & address of bank through whom payment is to be

 

 

received...................................................................................

 

I/we hereby declare that I/we am/are the *SELLER/CONSIGNOR of the goods in respect of which the declaration is made and that the particulars given above are true and that *(a) the export value as contracted with the buyer is the same as the full export value declared above /*(b) the full export value of goods is not ascertainable at the time of export and that the value declared is that which I/we, having regard to the prevailing market conditions, expect to receive on the sale of goods in the overseas market.

I/we undertake that I/we will deliver to the bank named above the foreign exchange representing the full export value of the goods on or before § ..................................... in the manner prescribed in Rule 9 of the Foreign Exchange Regulation Rules, 1974. I/we further declare that I/we am/are resident in India and I/we have a place of business in India.

 

I/we* am/are not in the Caution List of the Reserve Bank of India.

 

am/are

§ State approximate date of delivery which must be the due date for payment or within twelve months [OLD- six months ] from the date of shipment, whichever is earlier.

 

* Strike out whichever is not applicable.

 

(For A.D.s use)

 

 

 

 

 

(Signature of Exporter)

 

 

 

Date:

 

 

Stamp & Signature of Authorised dealer

 

Address

 

 

Date:........................................

 

 

 

Banks Uniform Code No......................

 

 

NOTE:

All documents relating to export of goods from India must be passed through the medidum of an authorised dealer in foreign exchange in India within 21 days of the date of shipment of the goods.

 

 

FOR AUTHORISED DEALERSS USE

Uniform Code Number:.........................

Date of *(i)negotiation/(ii)receipt for collection................................Bill No................................

*Strike out

 

Type of bill *DA/(ii)DP/(iii)Others...................................

whichever is

 

Type of shipment: *(i)Firm Sale Contract/(ii)Consignment

not applicable

 

Basis/(iii)Others (Specify)................................................

 

 

The PP form was included in the Statement sent to the Reserve Bank with

 

 

the R Return for the fortnight ending....................sent on...............................

 

We certify and confirm that we have received the total amount of ......................................

as under being the proceeds of exports declared on this form.

(Currency) (Amount)

declared on this form.

Date of

Currency

Credit to Nostro

Debit to NR Rupee

Period of R Return

Receipt

 

Account in

 

Account of a bank

with which the

 

 

(country)

in

 

reallisation has

 

 

 

(country)

been reported to

 

 

In our

In the

Held with

Held

 

 

 

name

name of ¥

us

with ¥

 

(1)

(2)

(3)

(4)

(5)

(6)

(7)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(¥ Write the name of the concerned Indian Authorised Dealer branch). Any other manner of receipt (Specify)............

 

(Stamp & Signature of authorised dealer)

 

Date:................

 

Address:.............................

 

 

Notes to Authorised Dealer:

1.

Please ensure that the columns on the face of the PP form have been completed by the exporter and that they have been duly authenticated by the Postal authorities wherever necessary.

 

 

2.

On receipt of the full export value of the shipment declared on this form, the authorised dealer will forward to the Reserve Bank this duplicate copy of the form together with a copy of the Customs certified Shippers Invoice, duly certified. In respect of shipments made on consignment basis, the Account Sales received from the consignee in original in support of the proceeds actually realised should also be forwarded along with this copy of the form.

 

 

3.

In case the net amount received falls short of the full export value declared on the form for reasons other than deduction of bank charges, please indicate the authority conferred on the authorised dealers by or under the Exchange Control Manual or the Authorised Dealers Circular or Circulars, as the case may be, or the Reserve Bank of Indias approval number and date for reduction.

 

 

SPACE FOR USE BY RESERVE BANK OF INDIA

(In above form the words "twelve months" has been substitued vide NTF. NO. FEMA 176/2008-RB, DT. 23/07/2008)

(Note:- See

1. Ntf. No. FEMA 23/2000-RB, dt. 3/5/2000)
 

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