Online Contract Registration
for Controlled Commodities Streamlined – No Hard Copy of Supports after
Registration Required
[DGFT
Notification No. 63 dated 3rd January 2014]
Subject:
Amendment in the procedure for issue of Registration Certificates (RCs) for
export of various commodities.
In
exercise of the powers conferred by Section 5 of the Foreign Trade
(Development& Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of
the Foreign Trade Policy, 2009-14, the Central Government hereby amends the procedure for issue of Registration Certificates (RCs)
for export of various commodities viz. Cotton, cotton yarn etc.
2. 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 alongwith 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.
3. 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. There shall be no other change in either the
policy or conditions for export of cotton, cotton yarn, non-basmati rice,
wheat& Sugar notified earlier through respective Notifications, Public
Notices, Policy Circulars etc.
4. Effect of this
notification
There
shall be no requirement of submitting any document in electronic filing for
obtaining Registration Certificates.