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Export Performance Certificate 2018-19

Ref.: ES/ 22/2018-19                                                                                               18th April, 2018

Sub:    Export Performance Certificate 2018-19

Dear Member,

Applications are invited from eligible Manufacturer-exporters of Man-Made Made-ups, for issuance of Export Performance Certificate (EPC) by the Synthetic & Rayon Textiles Export Promotion Council (SRTEPC) for the purpose of importing eligible item/s as specified in Customs Notification No. 12/2012 dated 17-03-2012 (As further amended vide Notification No. 50/2017-Customs dated 30th June, 2017) for use in the manufacture and export of Man-Made Made ups, by them.

  1. Applications will be received by SRTEPC only from the Manufacturer–exporters of Man-Made Made-ups who are registered with The Synthetic & Rayon Textiles Export Promotion Council. The applications may be addressed to:-

The Synthetic & Rayon Textiles Export Promotion Council,

Resham Bhavan, 78 Veer Nariman Road, Churchgate, Mumbai – 400 020.

  1. Application for issuance of Export Performance Certificate (format given at    Annexure-I) should contain the details of exports of only Man-Made Made Ups exported and proceeds realized (FOB value) in Indian Rupees during the (preceding) Financial Year 2017- 18 (i.e. from 1st April 2017 to 31st March 2018).
  1. Please note that details of shipment/s of free samples should not be included in the Statement of Exports as they are not considered as exports for this purpose. Exporters should therefore furnish the details of physical / actual exports and proceeds realized.
  1. Applicant Manufacturer-exporters of Man-Made Made-ups are required to give correct and complete information strictly in the prescribed formats duly supported by Certification from Chartered Accountant and self-certified copies of Bank Certificate of Exports and Realisation towards realisation of export proceeds equivalent to the amount of export performance claimed.
  1. A certificate on the Letter Head of the Exporter to the effect that the export performance claimed and all the Shipping Bills referred in the statement of exports pertain to Man-Made Made-ups only should also be submitted. (given at Annexure-I)
  1. The Council reserves the right to call for any other documents/information that may be relevant and required for this purpose.
  1. Applications should be accompanied by a Cheque or Pay Order / Demand Draft (in the case of outstation exporters) drawn in favour of ‘The Synthetic & Rayon Textiles Export Promotion Council’, payable at Mumbai, for an amount at the rates given below (which include GST @18%) towards Application fees/ Service charges (which are non refundable).

Details of the Processing Fee is given here-below:

(I)

Particulars of Export Performance Certificate

Charges (Rs.)

(a)

Export performance upto Rs. 1 crore

2,950/-

 

(Rs. 2500 + 18% GST)

 

(b)

Export Performance between Rs. 1 crore to Rs. 10 crore)       

5,900/-

 

(Rs. 5000 + 18% GST)

 

(c)

Export Performance Rs. 10 crore and above                            

11,800/-

 

(Rs. 10000 + 18% GST)

 

(d)

Late Fee for submission of Application

(Rs. 1000 + 18% GST)

1,180/-

(II)

Particulars of Import Certificate

 

 

Import Certificate 

295/-

 

(Rs. 250 + 18% GST)

 

  1. The Council will verify the details received from exporters and issue the Export Performance Certificate.
  1. For import of the permissible item/s, exporter should apply to the Council (Head Office at Mumbai) in the prescribed format (given at Annexure-II) on the Letter Head of the Exporter) and submit the original Export Performance Certificate well in advance. The Council after verifying the details will issue the Import Certificate which should be submitted to the Customs authorities at the time of clearance of import consignment.
  1. For every import clearance, the exporter shall obtain an Import Certificate from the Council by submitting a separate application each time in the format (given at Annexure-III). The details of imports against the Import Certificates will be debited to the Export Performance Certificate (original) based on the Bill of Entry submitted by the exporter along with the application for Import Certificate.
  1. As an export promotion measure and to accommodate eligible exporters for smooth operation of the scheme for importing of permissible embellishments under above Notification, it has been decided to issue Import Certificate/s as per the actual requirement of the exporters. The scheme would be operative as follows:
  1. Exporter can apply for issuance of Import Certificate on the basis of provisional Bill of Entry also. For each Import Certificate, a separate application should be submitted to Head Office of SRTEPC.
  1. Exporter may obtain any number of Import Certificates which will be debited to Export Performance Certificate, as per existing procedure.
  1. Exporter shall submit a copy of final Bill of Entry issued by Customs within 30 (Thirty) days from the clearance of the goods from the Customs to Head Office of SRTEPC.
  1. No add back would however be permitted in Export Performance Certificate for the Import Certificate/s once issued for those Bills of Entry which were provisionally prepared and submitted to SRTEPC for obtaining Import Certificate/s.
  1. The provisional Bill of Entry (from Private Bonded Warehouses/ Customs) should be self-certified by exporter.
  1. Joint Secretary (Drawback) vide Letter No. 609/218/98-DBK dated 04/05/2000 has clarified that duty free clearance of embellishments from Private Bonded Warehouse is permitted. Exporters, therefore, while seeking imports from the Private Bonded Warehouse should carefully fill Serial No. 8 of application for issuance of Import Certificate (Annexure-II), at the time of applying for Import Certificate.
  1. The last date for receipt of the applications for issuance of Export Performance Certificate (EPC) for the Financial Year 2017-2018 is 31st October, 2018.
  1. Applications received after the last date (i.e. 31st October, 2018) will however be accepted along with late fees of Rs. 1,000/- + applicable GST per application in addition to the normal fees/ charges, as prescribed at Sl. No. 8 above.
  1. Export Performance Certificate issued for the year 2018-19 if unutilized may be surrendered to the Council after 1st April, 2019, for cancellation.

Thanking you,

Yours faithfully,

S.BALARAJU
Executive Director

Encl: Annexures

Please ensure the following checklist before submitting the Application and tick (√) in front of each, along with the Application submitted.

Sr.No.

Particulars

 

(1)

Application form/Declaration in Annexure-I.

 

(2)

Pay Order/Draft enclosed should be of requisite amount in respect to your export performance, including service tax and should be in favour of “The Synthetic & Rayon Textiles Export Promotion Council”.

(3)

Chartered Accountant Certificate on CA’s letter head (date of realization should be between 1.4.2017 to 31.3.2018 only). It should be certified by the practicing Chartered Accountant with stamp, address, Tel/Fax nos. and email id, along with Regn. No. of firm and Membership No. of Chartered Accountant (CA) signing the certificate.

(4)

Bank certificate should be certified by the bank (date of realization should be between 1.4.2017 to 31.3.2018 only). The bank certificate should have the stamp, address, Tel/Fax nos. and email id of the bank, along with the name, code and designation of the official of the bank who has certified the export performance.

(5)

Certified ‘consolidated statement’ duly certified by Chartered Accountant (CA) of FOB amount realized in INR between 1.4.2017 to 31.3.2018 and should include the following details:-

 

(a)

Invoice no. & date, Bank Ref. No & Date, Bank realization certificate no., Description of exported Items (readymade garments only), Country of export, Amount realized in foreign currency (currency & amount), FOB amount realized in INR and Date of Realization. The above statement should be attested by practicing CA or bank and name & code number of signatory of statement/certificate, is to be put below the signatures.

(b)

Very Important: While submitting the Consolidated Statement, the applicant exporter should ensure that the information certified by CA is about export of Man-Made Made-ups.

(c)

The above statement should be attested by practicing CA or bank and name & code number of signatory of statement/certificate, is to be put below the signatures.

(6)

Company Profile in Annexure-IV in duplicate.

 

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