The Hindu Business Line : Outdated export declarations abolished

THE Finance Ministry has eased the export documentation procedure to help the exporting community. The Revenue Department has now abolished a number of declarations (relating to various export promotion schemes) that were found to have outlived their utility or were not serving any purpose.

The move follows representation from trade and industry that the current requirement of submitting a large number of documents and declarations to the customs authorities causes delays and adds to their transaction costs.

A multi-disciplinary sub-committee under the Chairmanship of the Chief Commissioner of Customs, Delhi was appointed by the Government to study the problem in all its aspects and make recommendations.

After a careful scrutiny of the export documentation requirements under the electronic data interchange (EDI) system, the sub-committee found that only five documents were required for Customs purposes.

They are commercial invoice, packing list, ARE-I, self-declaration form, and declarations pertaining to various export promotion schemes.

Stating that these five documents cannot be dispensed with, the sub-committee recommended that declarations that have outlived their utility should be done away with.

For exports under drawback scheme, the declarations being abolished include those relating to availing and non-availing of the rebate of duty under Rules 18 & 19 of the Central Excise Rules, the goods manufactured and not manufactured and exported against advance licence, goods not manufactured or exported after availing of the facility under the DEPB scheme, the currdnt market value of goods and the export value of goods being not less than the total value of imported materials used in the manufacture of such goods.

As regards exports under the DEPB scheme, the declarations being abolished are those relating to not claiming the benefits - under Engineering Products Export (Replenishment of Iron and Steel Intermediates) Scheme and duty drawback, the fact of goods being exported under DEPB Scheme, the current market value of goods and DEPB benefits being claimed not exceeding 50 per cent of the current market value of export goods.

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