IEC
DUTY FREE REPLENISHMENT CERTIFICATE

 

This scheme is covered under para 4.2 of Export / Import Policy. It is an alternative to Advance Licence as an Exporter can avail duty free Raw Material against his export but subject to payment of additional Customs duty equal to excise duty at time of Import.

Salient features of this scheme are:-

  • Sion should be fixed.


  • Minimum Value addition of 33% required except for Gem and Jewellery sector.


  • It is transferable.


  • Validity of Import is 18 months only.


  • Basically this is a post export scheme.


  • After issuance from Jt. DGFT verification from Customs required before utilising Licence.

Our scope of service is as follows:-

  • Prescrutiny of Invoice before presentation to Customs.


  • Preparing application on receipt of S/Bills and Bank Certificate portwise.


  • Filing online through EDI followed with submission of Hard Copy.


  • Follow-up till you get DFRC.


  • Verification from Customs.


  • Selling DFRC at most competitive premium.

We require following details for preparing application:-

  • Profile as per Appendix - 2 in duplicate.


  • Certified copy of Updated IEC + Valid RCMC.


  • ITC No. of Import Item.


  • Duty structure of Import Item.


  • CIF Value of Import Items.


  • Original EP Copy of DFRC.


  • Original Bank Certificate.


  • Certified copy of Mate Receipt + B/L.


  • Bank Attested Invoice + Packing List.
 
 
 
FORMS
Appendice-10D
 
 
Copyright © 2002-2003 All Rights Reserved.
Copyright © 2002-2003 All Rights Reserved.