FTP - Amendment in procedure for issue of Registration Certificates (RCs) for export of various commodities
THE Government has amended the procedure for issue of Registration Certificates (RCs) for export of various commodities viz. Cotton, cotton yarn etc.
There are certain commodities for which online registration procedure has been prescribed for export. This was made mandatory with effect from 1st July, 2013. After filing online applications, exporters are required to furnish printout of the application submitted online along with hard copies of Letter of Credit [L/C] or Foreign Inward Remittance Certificate [FIRC] or copy of proof of Advance Payment, as applicable and export contract.
With immediate effect, the requirement of submission of hard copies of the documents viz. printout of online application, Letter of Credit [L/C] or Foreign Inward Remittance Certificate [FIRC] or proof of Advance Payment, as applicable and export contract is dispensed with.
DGFT Notification No.63 (RE-2013)/2009-14, Dated: January 03, 2014