4A.8
- Document type
- Procedure
- Dated
Proof of Exports
Proof of Exports
4A.8
Exporter has to furnish the proof of exports, wherever required for export of gold / silver / platinum jewellery and articles thereof, by furnishing following documents:
(a) E.P copy of the shipping bill;
(b) Customs attested invoice;
(c) Bank certificate of export as in Appendix 22A showing that documents have been sent for negotiation / collection; and
(d) A declaration on following lines:
I / We declare that outstanding realisation of export proceeds beyond 180 days does not exceed 10% of average exports of preceding three licensing years. I/We further declare that no export proceeds are outstanding beyond one year or such extended period for which RBI permission has been obtained.
In case of Personal carriage of jewellery by foreign buyer, following documents should be submitted by the exporter/seller as proof of exports for claiming export entitlements:
(a) Copy of shipping bill filed by Indian Seller;
(b) A copy of Currency Declaration Form filed by Foreign Buyer with Customs at the time of his arrival; and
(c) Foreign Exchange Encashment Certificate from Bank.
In addition to this, Personal Carriage on Documents Against Acceptance (DA) / Cash On Delivery (COD) basis is also allowed. Exporter will have to furnish following documents as proof of exports for claiming export entitlements:
(i) Copy of Shipping Bill filed by Indian Seller; and
(ii) Bank Certificate of Export and Realisation
Instructions issued by Customs Department in this regard should be followed mutatis mutandis.
4A.8
Exporter has to furnish the proof of exports, wherever required for export of gold / silver / platinum jewellery and articles thereof, by furnishing following documents:
(a) E.P copy of the shipping bill;
(b) Customs attested invoice;
(c) Bank certificate of export as in Appendix 22A showing that documents have been sent for negotiation / collection; and
(d) A declaration on following lines:
I / We declare that outstanding realisation of export proceeds beyond 180 days does not exceed 10% of average exports of preceding three licensing years. I/We further declare that no export proceeds are outstanding beyond one year or such extended period for which RBI permission has been obtained.
In case of Personal carriage of jewellery by foreign buyer, following documents should be submitted by the exporter/seller as proof of exports for claiming export entitlements:
(a) Copy of shipping bill filed by Indian Seller;
(b) A copy of Currency Declaration Form filed by Foreign Buyer with Customs at the time of his arrival; and
(c) Foreign Exchange Encashment Certificate from Bank.
In addition to this, Personal Carriage on Documents Against Acceptance (DA) / Cash On Delivery (COD) basis is also allowed. Exporter will have to furnish following documents as proof of exports for claiming export entitlements:
(i) Copy of Shipping Bill filed by Indian Seller; and
(ii) Bank Certificate of Export and Realisation
Instructions issued by Customs Department in this regard should be followed mutatis mutandis.