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Import Export Code No

As per Para 2.12 of Export & Import Policy no export or import should be made by any person without Importer Exporter Code (IEC).

The application shall be made by Registered / Head Office of applicant to Licensing Authority under whose Jurisdiction, the Registered Office, in case of Company and Head Office, in case of others falls in forms specified in Appendix -3.
 

"More Information on IEC Code"

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DEPB Sales & Purchase

This scheme is covered under para 4.3 of Export / Import Policy. The objective is to neutralise incidence of Custom duty on Import content of Export product by way of grant of duty credit against export product.

Salient features of this scheme are :-

It is transferable.

It is Post Export Scheme.

Export should be under freely convertible currency

Validity is 12 months from date of issue.

Verification from Customs required presently after issuance of DEPB.

For Fixation of DEPB Rates Sion should be fixed.

"More Information on DEPB"
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Information on the various License Brokers & DGFT Consultants in India.

 

This scheme is covered under Chapter 4 of Export + Import Policy. The basic concept is to enable Exporter to claim benefit of duty free raw material against export of finished goods. Even packing material is allowed duty free.  



Advance Licenses are issued for:
Physical Exports,
Intermediate Supplies
Deemed Exports

And further more it is based on
Export item covered by SION i.e norms are fixed.
Export item not covered by SION (norms not fixed)

This particular scheme is Actual user based and raw materials imported cannot be transferred even after completion of export.

Look for the below set of services from your professional CHA agent : Generally they should offer the following  services in this scheme :

Preparing application forms as per data received.

Filing application online through EDI system.

Submission of Hard Copy subsequently.

Replying to queries if any, raised by Jt. DGFT.

Follow-up till you get Advance License.

Prescrutiny of Invoice / S/Bill before presentation to Customs.

Clearance of Shipment under this scheme by JNPT / Air Cargo / Mumbai Custom House from Customs if required.

Scrutiny of Bank Certificate before submission to Bankers.

Preparing statement of Import / Export item wise.

Applying for Revalidation / EO extension if required.

Applying for Invalidation / ARO in favour of Manufacturer if required.

Applying for Bondwaiver / Redemption.

Paperwork for submission to Customs for final Waiver.


If norms not fixed than they should arrange for fixation of Norms.

They would require following details for filing Advance License :

A. FOR FIXED NORMS:
Profile as per Appendix - 2 in duplicate.

Certified copy of RCMC + IEC with Mfg. Unit Address.

Export Description / Quantity / FOB per Unit.

Sion Sr. No.

ITC No + Duty Structure of Import Item.

C. A Certificate of last 3 years Exports in Appendice 23 format.

Import Item required for making one unit of Export production including wastage / CIF price per unit / Import duty structure.

Mfg. Concerned Letter / SSI Copy / C. Excise License if Merchant Exporter.

Original S/Bills of past exports for our perusal.


Details of previous licenses with status of EO:

Sr. No
Lic. No. + DT
FOB
CIF
% of EO Fulfilled


Summary of EO completed in previous Licences S/Bill wise with status of Imports.

Copy of own SSI / Ind. Licence / SIA Reg. / ISO Certificate as applicable.
B. FOLLOWING ADDITIONAL DETAILS OF NORMS NOT FIXED:
Declaration as per para 4.7.5 of Hand Book of procedure.

Flow Chart / Manufacturing process.

Catalogue of Export product.

Justification of wastage in Details.

Copy of previous Licence or of similar item whereby Norms fixed by DGFT.

Last 3 years production Certificate as follows:

Sr. No
Year
Total production of resultant product
Quantity of different items consumed (local/Imported both)
Quantity consumed / unit production


Copy of Export house or ISO Certificate if applicable.


Information on :


  
 
Advance Licences /DFRC

This scheme is covered under Chapter 4 of Export + Import Policy. The basic concept is to enable Expworter to claim benefit of duty free raw material against export of finished goods. Even packing material is allowed duty free.

Advance Licenses are issued for:

Physical Exports,
Intermediate Supplies
Deemed Exports

"More Information on Advance Licenses"
 

Export House

   


Package for Status Holders

"Units in Small Scale industry / Tiny Sector / Cottage Sector / Units registered with KVICs or KVIBs / units located in North Eastern States, Sikkim and J&K / Units exporting handloom, handicraft, hand knotted carpets / exporters holding golden status / exporters exporting to countries in Latin America and CIS / Sub Saharan Africa, units having ISO 9000 (Series) or ISO 14000 (series) ....

"More Information on Export Trading House"
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