TIOL-DDT 301 · Monday, 13 February 2006 · story 2 of 4

Online submission of applications – EFT optional till 31.3.2006

DGFT has decided to make the system of remitting licence fee through the EFT mode optional till 31.03.2006. The exporter will now have an option to remit licence fee either through the EFT payment gateway of the DGFT designated banks on the DGFT website dgft.gov.in OR submit the licence fee through a Treasury Challan or Demand Draft. However, the mandatory electronic submission of certain category of applications i.e. Advance Licence (excluding Para 4.7 and DFRC applications), Advance Licence for Annual Requirement, EPCG Licence and DEPB Licence (for EDI shipping bills from notified EDI Ports w.e.f. 01.10.2005) with digital signature on the DGFT website will continue. Wherever applications are submitted with digital signature only a 25% fee concession will be applicable and those submitted with digital signature and EFT will get a 50% fee concession.

In exceptional circumstances, EDI Custom ports allows clearance of export shipments on manual DEPB Shipping Bills instead of EDI DEPB Shipping Bills. At present, the DGFT EDI system does not allow filing of ECOM applications on the DGFT website in case of manual DEPB shipping bills from notified EDI ports and the exporter, in these cases, has to necessarily submit a manual DEPB application to the concerned Regional Licensing Authority in the Aayaat Niryaat Form along with necessary documents in original and payment of full fee. In the interest of trade facilitation, the earlier system of filing ECOM applications on the DGFT website in case of manual shipping bills from notified EDI ports is being re-introduced and no manual DEPB applications will be allowed.

DGFT has requested Trade and Industry that necessary formalities for operationalising EFT accounts with DGFT designated banks may be completed before 31.03.2006 to ensure that their import/export shipments are not effected. No further extension beyond 31.03.2006 will be considered.

CIRCULAR NO , Dated: February 10, 2006

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