FTP - Declaration of Intent for claiming Chapter 3 benefits of FTP
DECLARATION of Intent for claiming benefit under Chapter 3 of Foreign Trade Policy (FTP) was made mandatory for all categories of shipping bills through Public Notice No. 82 dated 16.8.2010. This stipulation was to take effect from 01.01.2011.
It has been decided to grant Chapter 3 benefits in respect of such cases, even though declaration of intent had not been mentioned.
Such requests for grant of Chapter 3 benefits should be filed with respective RAs before 30th April, 2013 and will not be subject to any late cut /late fee. Pending applications filed earlier, as well as fresh applications filed upto 30.04.2013 shall be taken up for consideration by respective RAs. No application after 30th April, 2013 will be accepted by RAs even with late cut / fee.
DGFT Policy Circular No.13 (RE-2012)/2009-14; Dated: January 31 2013