FTP - 'Declaration of Intent' on Free Shipping Bills
DGFT has clarified that “Declaration of Intent” needs to be mentioned mandatorily on the free shipping bills for claiming Chapter 3 benefits. This declaration can be made in the product description column in the free shipping bills where sufficient space is available for this purpose. Instances have also been reported where free shipping bills bear only the name of the Chapter 3 scheme like FPS,FMS etc or the intention to claim Chapter 3 benefit has been mentioned manually on the shipping bills duly attested by customs. In such cases RAs will accept these shipping bills for grant of Chapter 3 benefits.
The “Declaration of Intent” would not be required for shipments filed under chapter 4 (including drawback), chapter 5 or chapter 6 of FTP.
Chapter 3 = PROMOTIONAL MEASURE
Chapter 4 = DUTY EXEMPTION / REMISSION SCHEME
Chapter 5 = EXPORT PROMOTION CAPITAL GOODS SCHEME
Chapter 6 = EXPORT ORIENTED UNITS (EOUs), ELECTRONICS HARDWARE TECHNOLOGY PARKS (EHTPs), SOFTWARE TECHNOLOGY PARKS (STPs) AND BIOTECHNOLOGY PARKS (BTPs)
DGFT Policy Circular No. 32/(RE-2010)/2009-14, Dated: June 3, 2011 , and
DGFT Public Notice No. 53/(RE-2010)2009-2014, Dated: June 3, 2011