Eximkey - India Export Import Policy 2004 2013 Exim Policy

Drawback on Exports by Surface (Land) to Nepal, Bhutan and Myanamar

Drawback on exports to Nepal, Bhutan and Myanmar (Burma) by land shall be admissible on the following terms and conditions.

There are three different policies for drawback against exports to these countries. These are –

(i) exports against an irrevocable letter of credit established by Nepalese, Bhutanese or Burmese importers of any items to any person,

(ii) supplies to projects in Nepal or Bhutan financed by UN, World Bank IDA or ADB or any other multilateral agency but for which payment is received in any freely convertible currency.

(iii) capital goods exports to Nepal against global tender for which payment is received in Indian currency.

Payment for Exports

Nepal, Bhutan, Myanmar. Drawback will be admissible against export to Nepal, Bhutan and Myanmar, provided an irrevocable Letter of Credit (L/C) in freely convertible currency is established by the Nepalese, Bhutanese or Burmese importers in favour of Indian exporters for the value of export goods.

Nepal and Bhutan. It shall also be available against supplies to projects in Nepal/Bhutan financed by any United Nations Agency or the International Bank for Re-construction and Development (IBRD) or the International Development Associations (IDA) or the Asian Development Bank (ADB) or any other multilateral agency of the like and for which payment is received in freely convertible currency.

Global Tender

If capital goods i.e. items of machinery including prime movers, instruments, apparatus and appliances, control gear and transmission equipment as well as auxiliary equipment (including those required for research and development purposes, testing and quality control), required by an importer for production of goods or for rendering services including those for replacement or expansion, are exported under claim of drawback to any place in Nepal against any global tender invited by Nepal and for which payment is received in Indian currency, such items will also be eligible to drawback.

Bank Certificate

The exporter is required to produce a certificate duly signed by the concerned bank in India showing the payment in freely convertible currency or, as the case may be, in Indian currency.

Land Routes

Where the exports take place through Land Customs Stations, such exports shall be through the following Land Customs Stations.

Nepal

1. Jogbani
2. Nautanawa
3. Raxaul

Myanamar

4. Darranga
5. Jaigaon
6. Imphal-Pallel-Taruk Road (NH-39)
7. Ledo-Tirap-Manpong Pangsu Pass Road

FOB Value

For exports undertaken from various Land Customs Stations, the f.o.b. value will be taken to include the cost of transportation from the point of loading of export goods, any where in India, upto the Land Customs Station from which export is being effected. The cost of international transportation beyond the Indian Land Customs Station, into the neighbouring country will be excluded from the f.o.b. value.

Export Procedure



For export by land (or by air) to any destination, in Nepal, Bhutan and Myanamar, the exporter should present a Bill of Export (B. Ex.) to the Superintendent at the Land Customs Station. Along with the Bill of Export, the following additional documents are to be submitted in case of exports to Nepal/Bhutan/Myanamar:

(i) export i.e. commercial invoice,

(ii) packing list/weight specification,

(iii) pre-shipment inspection certification where the goods are subject to such inspection,

(iv) Govt. of India’s letter (copy) where a brand rate has been fixed.

(v) Export licence/contract.

The following additional documents are to be submitted to the Commissioner of Customs (Preventive) Office, Patna (Bihar) after the completion of export to Nepal.

(i) bank certificate in the prescribed form for having received the specified amount of foreign exchange in US Dollars or UK Sterling Pounds,

(ii) invoice

(iii) evidence of the receipt of goods in Nepal/Bhutan/Myanamar.

While submitting these documents, the exporter should quote the relevant Bill of Export No. and date for necessary linking of documents relating to drawback claim.

Declarations/Statements

For declarations/statements on relevant documents, See Chapter 6.

Exports/Claim Made before Commencement of 1995 Rules

See Chapter 6.

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