Government of India
Ministry of Finance
Department of Revenue,
Monitoring of export obligation under Duty Exemption Scheme and E.P.C.G
Attention is invited to Ministry's Circular No. 24/96- Customs dated the
19th April, 1996 modifying the instructions issued issued vide Circular
No. 131/95 dated 20.12.95 for monitoring of export obligation under Duty
Exemption Scheme and E.P.C.G. Scheme.
2. In terms
of Circular No. 24/96-Customs, the exporter is required to produce to Customs
Part II of the DEEC Book along with DEEC/ Export Promotion copies of the
relevant Shipping Bill, and also a certificate of discharge of export obligation
from the Licencing authorities. Exporters had expressed difficulties in
complying with the requirement of production of DEEC Part II and copies
so Shipping Bills as these were being remained by the Licencing authorities
while issuing certificate of discharge of export obligation. The matter
was taken up with Directorate General Foreign Trade, who have now issued
instructions vide Circular No. 7/96 dated the 3rd July, 1996 directing
all Licencing authorities to release DEEC part II in original, as well
as original DEEC / Export Promotion copies of Shipping Bills, to the exporters
alongwith the certificate of discharge of export obligation for being produced
before Customs authorities.
receipt of this Circular may please be acknowledged.