TIOL-DDT 2600 · Tuesday, 19 May 2015 · story 4 of 5

FTP -Pre-shipment Inspection Agency - Revised Procedure from 1.7.2015

IN order to facilitate transitional arrangements, the Director General of Foreign Trade had kept in abeyance the provisions of para 2.55 [Recognition as Pre-shipment Inspection Agency (PSIA) and issuance of Pre - shipment Certificate (PSIC)] and 2.56 [Responsibility and Liability of PSIA and Importer] of Handbook of Procedures, 2015-20 (which came into effect from 1.4.2015) till further orders.

Accordingly, the procedure for issue of Pre-Shipment Inspection Certificate (PSIC), as laid down in para 2.32.2A and 2.32.2B of Handbook of Procedure Vol. I 2009-14, were to remain in effect, till further orders.

Further orders have come.

DGFT has notified the revised procedure to be followed by Pre-shipment Inspection Agencies (PSIAs) for issue of Pre-Shipment Inspection Certificates (PSICs), with effect from 01.07.2015. Till then, the old procedure will continue. Procedure for application by the existing PSIAs as well as new applicants for recognition/extension of area of operation etc. has been notified.

DGFT Public Notice No. 12/2015-20, Dated: May 18, 2015