RNI
Certificate for Newsprint Import at Concessional Duty
The following
Public Notice was issued by the Commissioner of Customs (Import), Jawaharlal
Nehru Customs House, Nhava Sheva on 9 November 2010
[Ref: 114-PN/09.11.2010]
Attention
of the trade, importers and others concerned is invited to the import of
Newsprint which is restricted as per the provisions of Foreign Trade
Policy. The import of newsprint is
allowed subject to verification of valid RNI registration certificate. The importer is also required to submit the
RNI certificate showing the quantity of newsprint to be imported by them during
the subject year. The validity of all
such certificate showing the quantity quota expires on 31st
March, of every year. In all such cases
where the quota has expired, the importer applies for renewal of their quota
allocation for the subsequent period to the Registrar of News Papers for India,
which takes some time for renewal. In
such cases, Bills of Entry are assessed provisionally under PD Bond, subject to
the condition of submission of the certificate issued by the RNI after renewal,
for allotted quota/quantity. On
production of valid RNI certificate, Bills of Entry are assessed finally. Since, RNI certificate is allotted for
specific quantity on annual basis, the total quantity of imports made during
the year should be accounted for against the quota of Newsprint allotted for
the year..
Further the RNI Certificate also requires report of utilization of the
imported newsprint to the concerned Commissioner of Customs, directly. In view of the above, debiting of import
quantity against quota license is required.
Therefore, the importers of Newsprint are required
to produce before the Assessing Group their RNI certificate showing their
authorized quantity allocation for import in original for debiting / endorsing
the quantity of each import, so as to maintain a record of all such imports for
final tally with the allotted import quantity.
In case of RMS facilitated Bills of Entry, the
importers of Newsprint are required to produce before the Out of Charge Officer
their RNI certificate showing their authorized quantity allocation for import
in original for debiting / endorsing the quantity of each import.
F.
No. S/26-Misc-07/10 Gr. II B