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DGFT PUBLIC NOTICE NO. 60/2005
dated 10.10.2005
Appendix 23 - Revised Appendix-23 prescribed to for maintance of production and
consumption register.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy
2004-2009, the Director General of Foreign Trade hereby makes the following
amendments in the Handbook of Procedures (Vol. I):
Appendix 23 stands amended as per the Annexure attached to this Public Notice.
Paragraph 4.25(v) related to both physical exports and deemed exports and
Paragraph 4.28(v) as incorporated vide PN 8 dated.13th May, 2005 stands deleted.
At the end of paragraph 4.26 related to Redemption of advance licence, a new
sub-paragraph is added as follows:
Further the licensing authority shall also take action against the licensee in case of non submission of duly filled in Appendix 23, as stipulated in paragraph 4.30 of the Handbook, vol. 1 or for any mis- representation, mis-declaration and default detected subsequently in the details declared & furnished in Appendix 23. An endorsement to this effect should be made by the licensing authority in the redemption certificate.
Paragraph 4.30 should be amended to read as follows :
Every advance licence holder shall maintain a true and proper account of consumption and utilization of duty free imported / domestically procured goods against advance licence as per the format given in Appendix 23. These records are required to be sent to the relevant licensing authority(s) at the beginning of each licensing year for all those licences, which have been redeemed in the previous licensing year. However these records in the said format are required to be submitted for licences issued on or after 13.05.2005. Such records should be preserved for a period of at least three years from the date of redemption.
5. In the Guidelines for applicants of Aayaat-Niryaat Form, after Sl. No. 3.b.iii, a new provision is added as Sl. No. iv as follows:
iv. Invalidation letter(s) incase of supplies to an advance licence or DFRC holder.
This issues in Public interest.
( K.T. CHACKO )
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India
(Issued from F.No. 01/94/180/ Adv.Lic/App.23/AM05/PC-IV)
Annexure to Public Notice No. 60 dated 10th
October 2005
APPENDIX 23
REGISTER FOR ACCOUNTING THE CONSUMPTION AND STOCKS OF DUTY FREE IMPORTED OR
DOMESTICALLY PROCURRED RAW MATERIALS,
COMPONENTS ETC. ALLOWED UNDER ADVANCE LICENCE BY THE ACTUAL USER (Please read
paragraph 4.26 and 4.30 of the Handbook, Vol. 1)
INPUTS ALLO- WED IN THE LICENCE (S) (A NO. OF LICENCES CAN BE CLUBBED TOGETHER FOR THE PURPOSE OF ACCOUNTING OF INPUTS) |
PRODUCT(S) EXPORTED UNDER THE LICENCE (S) | EXC- ESS INP- UTS, IF ANY ALLO- WED UNDER THE LICENCE(S). (4-8) | IN CASE OF EXCESS AS IN COLUMN 9 | REMA- RKS | ||||||||
Sl No. | Lice nce No (s) with date (A No. of licences can be clubbed toge- ther for account ing purpose) | Inputs | Quantity | Product | Quantity | Inputs Actually consumed for the expo- rted product | Additional exports effected in proportion to excess inputs | Input quantity reduced proportion- ately in the licence* | Customs duty paid along with interest paid | |||
Inputs | Quantity (Including actual wastage incurred) | |||||||||||
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |
*Applicable only in case either partial import or NIL import has been
effected.
We declare that the aforesaid particulars are correct.
Place: Date: Official Seal/stamp |
Signature of the Licence holder Name in block letters Designation Full Residential address Full official address |
:
........................................ : ........................................ : ........................................ : ........................................ : ........................................ : ........................................ |
CHARTERED ACCOUNTANT/COST & WORKS ACCOUNTANT CERTIFICATE
I/We hereby confirm that I/We have examined the prescribed registers and also
the relevant records of M/s..........................
having IEC
number
... and PAN number
.for the licensing period(s)
and hereby certify that the information furnished above is true and
correct in all respects; no part of it is false or misleading and no relevant
information has been concealed or withheld;
I/We fully understand that any statement made in this certificate, if proved
incorrect or false, will render me/us liable to face any penal action or other
consequences as may be prescribed in law or otherwise warranted.
I/We further declare that neither I, nor any of my/our partners is a partner,
director, or an employee of the above-named entity, its Group companies or its
associated concerns.
(Signature and Stamp/ Seal of the Signatory)
(Chartered Accountant/ Cost & Works Accountant)
Place: Date: |
Name of the Signatory: Address: Membership No: |
Note:
1. Each page of this document is to be signed by the Chartered Accountant/Cost
and Work Accountant with his registration number.
2. Mention N.A. wherever the information required in the table is not
applicable.
3. For column 10,11 & 12 of the table, pl furnish the copy of the documentary
evidence.
4. The licensee is required to furnish the details for the licences which have
been redeemed in the last licensing year.