Monday, December 9, 2019

Check list of Documents for cancellation of Bond (LUT) / Bank Guarantee


Para 5.13 of HBP (Vol 1) deals with redemption and issue of Export Obligation Discharge Certificate (EODC) by DGFT on production of relevant documents for proof of export done by the licencee. After receipt of EODC from the licensing authorities, the licencee has to request for cancellation of Bond (LUT) / Bank Guarantee executed with custom authorities. The request for cancellation of Bond / BG should be accompanied by the following documents for cancellation / closure of Bond (LUT) / BG :-

1.     Request letter

2.     Original EPCG Licence

3.     Duty debit sheets in original

4.     Original EODC (Redemption Certificate) from DGFT

5.     Installation Certificate from Central Excise

6.     Self attested copies of Bills of Entry

7.     Self attested copies of Shipping Bills

8.     Invoice copies / Bills of Lading copies etc.(Import)

9.     Invoice copies / Bills of Lading copies etc.(Export)

10. Import statement (Bills of Entry-wise details, specially duty saved amounts)

11. Export statement (Shipping Bills details, specially FOB amounts)

12. Bank Realization Certificates

13. Authorisation letter to CHA / Representative to receive the BG/Bond

14. Any other documents required by Group AC.

No comments:

Post a Comment

Featured Post

PLASTIC - EPR (Extended Producer Responsibility)

  Plastic is a miracle material. Thanks to plastics, countless lives have been saved in the health sector, and safe food storage has been re...