Chapter-4 Duty Exemption & Remission Schemes.

1. All vegetable/edible oils classified under Chapter – 15 and all types of oilseeds classified under Chapter – 12 of ITC (HS) book;
2. All types of cereals classified under Chapter – 10 of ITC (HS) book;
3. All spices other than light black pepper (light berries) having a duty of more than 30%, classified under Chapter- 9 and 12 of ITC (HS) book;
4. All types of fruits/vegetables having a duty of more than 30%, classified under Chapter 7 and 8 of ITC (HS) book; and
5. Horn, hoof and any other organ of animal.

For export of perfumes, perfumery compounds and various feed ingredients containing vitamins, no authorisation shall be issued under this paragraph by the Regional Authority and the applicants may apply under Para 4.4.2 of this Handbook. Where export and/or import of biotechnology items are involved, authorisation under this paragraph shall be issued by the Regional Authority only on submission of a ‘No Objection Certificate’ from the Department of Bio-Technology.

Further, duty free import of spices (covered by Chapter 9 of the ITC(HS) Classifications of Export & Import items, 2004-09) for export under Advance Authorisation scheme shall be permitted only for value addition purposes like crushing/ grounding/ sterilization or for manufacture of oils and oleoresins and not for simple cleaning, grading, re-packing etc.

1. The facility of import of fuel shall be allowed only to the manufacturer having captive power plant .
2. In cases where SION specifically allows fuel, the same shall be permitted under advance authorisation. However, if fuel is not covered specifically under SION, it may be allowed as per general fuel Policy for products covered under SION or under paragraph 4.7.
3. Fuel should be allowed only against an actual user authorisation. However in case of transferable DFIA/DFRC, fuel can only be transferred to agencies granted marketing rights by the Ministry of Petroleum and Natural Gas.
4. Even where fuel is included as an input under SION, it shall not be taken into account while fixing the DEPB rate for such products against which fuel has been allowed as an input.
5. The applications of fixation for fuel entitlement for new sectors and modification of the existing entitlement as per the General Note for Fuel in the Handbook of Procedures (Vol.2) would be made to the Norms Committee along with the requisite data in ‘Aayaat Niryaat Form’ pertaining to the “Data Sheet for Fuel Rate”.
   
   The Advance Authorisation holders wishing to procure the fuel indigenously may apply for an Advance Release Order or Back to Back Inland Letter of Credit. The indigenous supplier supplying fuel shall be entitled for deemed export benefits given in paragraph 8.3(a), (b) & (c) of the Policy, as the case may be. In case the indigenous supplier is not willing to avail of deemed exports benefits under such supplies of fuel to the Advance Authorisation holder, he may issue a disclaimer (along with his IEC Number enclosed on it) on the basis of which the Advance Authorisation holder can avail of the deemed export benefits as per procedure given in Chapter 8 of this Handbook.

1. the names and description of items to be imported and exported / supplied;
2. the quantity of each item to be imported or wherever the quantity cannot be indicated, the value of the item shall be indicated. However, if in Standard input output norms, the quantity and/or value of individual inputs is a limiting factor, the same shall be applicable.
3. the aggregate CIF value of imports; and
4. the FOB/FOR value and quantity of exports/ supplies.

1. The exporters eligible for such authorisations shall file an application in ‘Aayaat Niryaat Form’ to the Regional Authority under whose jurisdiction the manufacturing unit of the applicant is located.
   
   The Head office/Registered office of the company can also file an application on behalf of the manufacturing unit. In such cases, the Head office/Registered office shall furnish full address of the factory where the inputs shall be used in the resultant product for exports.
   
   In case of merchant exporters, the application shall be made by the Head office/ Registered office mentioning the name and address of the supporting manufacturer
   which shall be endorsed on the condition sheet attached to the authorisation.
2. The applicant shall have the flexibility to import any input in respect of items mentioned in the authorisation. Items reserved for imports by State Trading Enterprises cannot be imported against Advance Authorisation. However those items can be procured from State Trading Enterprises against ARO issued to Advance Authorisation holder. The Authorisation holder shall have to account for the inputs as per SION/ individual norms fixed by Norms Committee within the time period prescribed in this regard.
   
   In respect of export products for which Standard Input Output Norms does not exist, the authorisation holder shall submit an application in ‘Aayaat Niryaat Form’ alongwith prescribed documents to NC before making the shipment. The applicant shall also furnish Advance Authorisation for Annual Requirement number and date alongwith the file number from which the same was issued in the covering letter to the application.
   
   In such cases where there is a change in SION/ individual norms fixed by Norms Committee during the validity period of the authorisation, the Authorisation holder shall account for raw material in respect of the exports made prior to the date of amendment, as per pre-revised norms and for exports made on or after the date of amendment as per revised norms.
   
   However, in respect of following inputs, the exporter shall be required to give declaration with regard to technical characteristics, quality and specifications in the application for Advance Authorisation for annual requirement and in the shipping bills. The Regional Authority while issuing the authorisation shall mention the technical characteristics, quality and specifications in respect of such inputs:-
   
   Alloy steel including stainless steel, copper alloy, synthetic rubber, bearings, solvents, perfumes/ essential oils/aromatics chemicals, surfactants, relevant fabrics and marble.
3. At the time of imports, the Authorisation holder shall furnish the details of inputs to the Customs Authorities for making entries in the imports column. The Authorisation holder shall maintain the nexus in the imported inputs and the resultant product.
4. The applicant shall furnish details of the export product group, CIF value of authorisation and FOB value of the export obligation. However, the Authorisation holder shall have the flexibility to export any product falling under the export product group using the duty exempted material.
5. The authorisation shall be valid for 24 months for imports and exports from the date of its issuance. Revalidation shall be governed by paragraph 4.23 of this handbook. Each authorisation will have one port of registration for imports. Exports can take place from any port mentioned in paragraph 4.19.
   
   The request(s) for revalidation of authorisation shall be made in ‘Aayaat Niryaat Form’.
6. Within the eligibility, an exporter may apply for one or more than one authorisations in a licensing year, subject to the condition that against one port of registration only one authorisation can be issued for the same product group.
   
   On completion of export obligation against one or more authorisations, all issued in the same licensing year, the entitlement of an exporter for that licensing year shall be deemed to be revived by an amount equivalent to the export obligation completed against the authorisation(s).
7. After expiry of the export obligation period, including the extended export obligation period, if any, the Authorisation holder shall furnish proof of having fulfilled export obligation by submitting the documents prescribing in paragraph 4.25. In case of bonafide default in fulfillment of export obligation, the Authorisation holder can apply for regularization in terms of paragraph 4.28.

1. For physical exports:
   1. Bank Certificate of Exports and Realisation in the form given at Appendix-22A or Foreign Inward Remittance Certificate (FIRC) in the case of direct negotiation of documents or Appendix –22B in case of offsetting of export proceeds. However, realisation of export proceeds shall not be insisted if the shipments are made against :
      1. confirmed irrevocable letter of credit or
      2. bill of exchange is unconditionally Avalised/ Co- Accepted/ Guaranteed by a bank and the same is confirmed by the exporters bank.
         
         The stipulations at (a) or (b) above must be certified by the bank in column 14/15 of Appendix- 22A.
   2. EP copy of the shipping bill(s) containing details of shipment effected or bill of export in case of export to SEZ.
   3. A statement of exports giving details of shipping bill wise exports indicating the shipping bill number, date, FOB value as per shipping bill and description of export product.
   4. A statement of imports indicating bill of entry wise item of imports, quantity of imports and its CIF value.
2. For deemed exports (including intermediate supplies):
   1. A copy of the invoice or a statement of invoices duly signed by the unit receiving the material and their jurisdictional excise authorities certifying the item of supply, its quantity, value and date of such supply.
      
      However in case of supply of items which are non excisable or supply of excisable items to a unit producing non excisable product(s), a project authority certificate (PAC) certifying quantity, value and date of supply would be acceptable in lieu of excise certification.
      
      However, in respect of supplies to EOU/EHTP/ STP/ BTP, the supplier has the additional option to furnish a copy of CT-3/ARE-3 duly signed by the jurisdictional excise authorities/Bond Officer certifying the item of supply, its quantity, value and date of such supply in lieu of the excise attested invoice (s) or statement of invoices as given above.
   2. Payment certificate from the project authority in the form given in Appendix-22C. In the case of supplies to EOUs/ EHTPs/ STPs / BTPs, deemed exports (including Intermediate Supplies), documentary evidence from the bank substantiating the realisation of proceeds from the Authorisation holder or EOUs/EHTPs/ STPs/ BTPs or the Project Authority, as the case may be, through the normal banking channel, shall be furnished in the form given at Appendix-22B. However realisation of proceeds shall not be insisted upon if the shipments are made against:
      1. confirmed irrevocable inland letter of credit or
      2. inland bill of exchange is unconditionally Avalised/ Co- Accepted/ Guaranteed by a bank and the same is confirmed by the exporters bank.
         
         The stipulations at (a) or (b) above must be certified by the bank in column 5/6/7 of Appendix- 22B.
   3. A statement of supplies giving details of supply invoices and indicating the invoice number, date, FOR value as per invoices and description of product.
   4. A statement of imports indicating bill of entry wise item of imports, quantity of imports and its CIF value.

1. If the export obligation is fulfilled in terms of value, but there is a shortfall in terms of quantity, the Authorisation holder shall, for the regularisation, pay:
   1. To the Customs Authority, customs duty on the unutilised value of the imported material alongwith interest at the rate of 15% per annum thereon; and
   2. An amount equivalent to 3% of the CIF value of unutilised imported material through a TR in the authorised branch of Central Bank of India indicating the “Head of Account: 1453, Foreign Trade and Export Promotion and Minor Head 102”. The Authorisation holder shall also be required to obtain a separate import licence for regularisation of the excess imported input. However, the provisions of this sub paragraph shall not be applicable if the unutilised imported material was freely importable on the date of import.
2. If the export obligation is fulfilled in terms of quantity but there is shortfall in terms of value, no penalty shall be imposed if the Authorisation holder has achieved the minimum value addition prescribed in the policy and the procedure laid thereunder. However, if the value addition falls below the minimum value addition prescribed in
   the policy and the procedure laid thereunder, the
   Authorisation holder shall be required to deposit an equivalent amount through TR in the authorised branch
   of Central Bank of India indicating the “Head of
   Account-1453 Foreign Trade and Export Promotion- Minor Head –102” so that the 100 times the deposited amount and the FOB value realised in Indian rupees together account for prescribed minimum value addition over the CIF value.
   
   This shall be calculated with reference to actual quantity of exports and FOB value of realisation with reference
   to prorata quantity of imports and CIF value. For
   example, if the export performance is only 50% quantitywise but import has been for the complete CIF value permitted, then the value addition would be calculated on a prorata basis, i.e with reference to 50% of the CIF value of imports. This would accordingly imply that where the Authorisation holder is unable to
   export, no penalty on valuewise shortfall shall be
   imposed.
3. If the export obligation is not fulfilled both in terms of quantity and value, the Authorisation holder shall, for the regularisation, pay as per (i) and (ii) above.
4. In case an exporter is unable to complete the export obligation undertaken in full and he has not made any import under the Authorisation, the Authorisation holder will also have an option to get the Authorisation canceled and apply for drawback after obtaining permission from the Customs Authorities for conversion of shipping bills to Drawback Shipping Bills.
5. The Regional Authority shall compare the relevant portion of Appendix-23 duly verified and certified by Chartered Accountant with that of norms allowed in the Authorisation(s) and the actual quantity imported against the Authorisation(s) in the beginning of the financial year for all such Authorisations redeemed in the preceeding licensing year. In this verification process, in case if it is found that the Authorisation holder has consumed lesser quantity of inputs than imported, the authorisation holder shall be liable to pay customs duty on the unutilized value of imported material alongwith interest @ 15% per annum thereon or effect additional export within the export obligation period.

1. the export proceeds have not been realised and the exports have not been made under an irrevocable letter of credit or the bill of exchange is not avalised/co-accepted/ guaranteed, or
2. the DFRC is issued against a SION with actual user condition , or
3. specific inputs under a SION are subject to actual user condition.

Under all other circumstances, the inputs procured against DFRC are freely transferable . However, in case of fuel , the same can only be transferred to agencies granted marketing rights by the Ministry of Petroleum and Natural Gas.

Items reserved for imports by State Trading Enterprises cannot be imported against DFRC. However those items can be procured from State Trading Enterprises against ARO issued to DFRC holder.

1. A copy of the Invoice duly signed by the unit receiving the material and their jurisdictional Excise Authorities certifying the item of supply, its quantity, value and date of such supply. However in case of supply of items which are non excisable or supply of excisable items to a unit producing non excisable product(s), a Project Authority Certificate (PAC) certifying quantity, value and date of supply would be acceptable in lieu of excise certification.

Notwithstanding the above, in respect of supplies to EOU/ EHTP/ STP/ BTP, the supplier has the additional option to furnish a copy of CT-3/ARE-3 duly signed by the jurisdictional Excise Authorities/Bond officer certifying the item of supply, its quantity, value and date of such supply shall be furnished.

2. Payment certificate from the project authority in the form given in Appendix-22C. In the case of Intermediate Supplies/ deemed exports, supplies to the EOUs/ EHTPs/ STPs/ BTPs, documentary evidence from the bank substantiating the realisation of proceeds from the Authorisation holder or EOUs/ EHTPs/ STPs/ BTPs, as the case may be, through the normal banking channel, shall be furnished in the form given at Appendix- 22B.

However realisation of export proceeds shall not be insisted upon if the shipments are made against confirmed irrevocable inland letter of credit or inland bill of exchange is unconditionally Avalised/ Co- Accepted/ Guaranteed by a bank and the same is confirmed by the exporters bank and the same is certified by the bank in column 5/6/7 of Appendix-22B. Exports made against the Government of India/EXIM Bank Line of Credit and exports made under Deferred Payment/Suppliers Line of Credit Contract backed by ECGC Cover would also be entitled for the benefit under DFRC Scheme.

1. confirmed irrevocable letter of credit or confirmed irrevocable inland letter of credit or
2. bill of exchange is unconditionally Avalised/ Co- Accepted/ Guaranteed by a bank and the same is confirmed by the exporters bank,

the application may be filed after exports/supplies.

The FOB value shall be calculated on the basis of the Bank Realisation Certificate. However in case of exports of gold/ silver/ platinum jewellery and articles thereof, the CIF value would be computed from the FOB value as per the value addition given in paragraph 4A.2.1 of Handbook of Procedures (Vol.1).

1. Bank receipt (in duplicate)/ demand draft evidencing payment of application fee in terms of Appendix 21B.
2. A copy of bill of exports issued by Customs in the SEZ.
3. A copy of invoice showing FOR value of supply, DEPB entitlement on such supply and total value realised from such sale.
4. Bank certificate of realisation in the form given in Appendix 22B.
5. In case SEZ unit opts to apply for the DEPB benefit for such supplies received, a disclaimer (along with the IEC of DTA Unit endorsed on it) certificate from DTA unit declaring that the DTA unit shall not claim any benefit on such supplies and authorising SEZ units to claim DEPB benefit on such supplies.

1. A duplicate/certified copy of the Shipping Bill issued by the Customs Authority in lieu of original;
2. An application fee equivalent to 2% of the DEPB or other duty credit entitlement or 1% of DFRC entitlement,
   as the case may be, in respect of lost Shipping Bills. However, no fee shall be charged when the Shipping Bill is lost by the Government agencies and a documentary proof to this effect is submitted;
3. An affidavit by the exporter about the loss of Shipping Bills and an undertaking to surrender it immediately to the concerned Regional Authorities, in case the same is found subsequently.
4. An indemnity bond by the exporter to the effect that he would indemnify the Government for the financial loss if any on account of DEPB or other duty credit certificate /DFRC issued against lost Shipping Bills.

The Customs Authority, before allowing clearance, shall ensure that no DEPB/DFRC benefit has been availed against the same shipping bill.

1. A duplicate copy of the Bank Certificate issued by the bank authority in lieu of original loss.
2. An application fee equivalent to 2% of the DEPB entitlement or 1% of DFRC entitlement, as the case may be, in respect of lost Bank Realisation Certificate.
3. An affidavit by the exporter about the loss of Bank Certificate and an undertaking to surrender it immediately to the concerned Regional Authorities, in case the same is found subsequently.
4. An indemnity bond by the exporter to the effect that he would indemnify the Government for the financial loss if any on account of DEPB/DFRC issued against lost Bank Certificate.

The claim against the lost Bank Certificate shall be preferred within a period of six months from the date of realisation and application received thereafter will be rejected.

In such cases, where both the documents have been lost, the exporter shall follow the procedure laid down in paragraph 4.51 and 4.52.

1. the names and description of items to be imported and exported / supplied;
2. the quantity of each item to be imported or wherever the quantity cannot be indicated, the value of the item shall be indicated. However, if in Standard input output norms, the quantity and value of individual inputs is a limiting factor, the same shall be applicable.
3. the aggregate CIF value of imports; and
4. the FOB/FOR value and quantity of exports/ supplies.

1. For physical exports:
   1. Bank Certificate of Exports and Realisation in the form given at Appendix-22A or Foreign Inward Remittance Certificate (FIRC) in the case of direct negotiation of documents or Appendix –22B in case of offsetting of export proceeds. However, realisation of export proceeds shall not be insisted if the shipments are made against;
      1. confirmed irrevocable letter of credit or
      2. bill of exchange is unconditionally Avalised/ Co- Accepted/ Guaranteed by a bank and the same is confirmed by the exporters bank.
   2. The stipulations at (a) or (b) above must be certified by the bank in column 14/15 of Appendix- 22A.
   3. EP copy of the shipping bill(s) containing details of shipment effected or bill of export in case of export to SEZ.
      
      A statement of exports giving details of shipping bill wise exports indicating the shipping bill number, date, FOB value as per shipping bill and description of export product
      
      A statement of imports indicating bill of entry wise item of imports, quantity of imports and its CIF value.
2. For deemed exports (including intermediate supplies):
   1. A copy of the invoice or a statement of invoices duly signed by the unit receiving the material and their jurisdictional excise authorities certifying the item of supply, its quantity, value and date of such supply.
      
      However in case of supply of items which are non excisable or supply of excisable items to a unit producing non excisable product(s), a project authority certificate (PAC) certifying quantity, value and date of supply would be acceptable in lieu of excise certification.
      
      However, in respect of supplies to EOU/EHTP/ STP/ BTP, the supplier has the additional option to furnish a copy of ARE-3/CT-3 form duly signed by the jurisdictional excise authorities/Bond Officer certifying the item of supply, its quantity, value and date of such supply in lieu of the excise attested invoice (s) or statement of invoices as given above.
   2. Payment certificate from the project authority in the form given in Appendix-22C. In the case of supplies to EOUs/ EHTPs/ STPs / BTPs, deemed exports (including Intermediate Supplies), documentary evidence from the bank substantiating the realisation of proceeds from the Authorisation holder or EOUs/EHTPs/ STPs/ BTPs or the Project Authority, as the case may be, through the normal banking channel, shall be furnished in the form given at Appendix-22B. However realisation of proceeds shall not be insisted upon if the shipments are made against:
      1. confirmed irrevocable inland letter of credit or
      2. inland bill of exchange is unconditionally Avalised/ Co- Accepted/ Guaranteed by a bank and the same is confirmed by the exporters bank.
         
         The stipulations at (a) or (b) above must be certified by the bank in column 5/6/7 of Appendix- 22B.
   3. A statement of supplies giving details of supply invoices and indicating the invoice number, date, FOR value as per invoices and description of product.
   4. A statement of imports indicating bill of entry wise item of import, quantity of import and its CIF value.

1. The cases of a bonafide default in fulfillment of export obligation may be regularised by the Regional Authority in the manner prescribed in paragraph 4.28 of this Handbook.

1. Not more than two such applications may be made for each such invoice; and
2. The first such application shall be made only after 50% of the proceeds of the invoice is realised.

The minimum value addition shall be as mentioned below,

1. An application for Gem Rep Authorisation may be given to the Regional Authority concerned as given in Appendix-1A in the form given in Appendix-22F alongwith the documents prescribed therein.
2. In case E.P Copy of the Shipping Bill and Customs attested invoice is submitted to the nominated agencies, the exporter shall furnish a self certified photo copy of the same along with a certificate from the nominated agencies certifying the carat/value of studdings in case of studded jewellery and excess the value addition achieved in the case of plain jewellery and articles.
3. The provision of paragraph 4A.1.1 to 4A.1.4 will also be applicable for Gem Rep Authorisations.

1. E.P copy of the shipping bill;
2. Customs attested invoice;
3. Bank certificate of export in the form given in Appendix-22A showing that documents have been sent for negotiation/collection; and
4. A declaration on the following lines:
   
   “I/We declare that outstanding realisation of export proceeds beyond 180 days does not exceed 10% of average exports of preceding three licensing years. I/We further declare that no export proceeds are outstanding beyond one year or such extended period for which RBI permission has been obtained.”

In case of Personal carriage of jewellery by foreign buyer, the following documents should be submitted by the exporter/seller as proof of exports for claiming export entitlements:

1. Copy of the shipping bill filed by the Indian Seller;
2. A copy of the Currency Declaration Form filed by the Foreign Buyer with the Customs at the time of his arrival; and
3. Foreign Exchange Encashment Certificate from the
   Bank.
   
   In addition to this, Personal Carriage on Documents Against Acceptance (DA)/ Cash On Delivery (COD) basis is also allowed. The exporter will have to furnish the following documents as proof of exports for claiming export entitlements:
   1. Copy of Shipping Bill filed by the Indian Seller;
      and
   2. Bank Certificate of Export and Realisation
      Instructions issued by the Customs Department in this regard should be followed mutatis mutandis.

1. Where items of gold has been exported in terms of carats, the quantity of gold shall be multiplied by the number of carat of gold exported, divided by 24 and thereafter again divided by 0.995/0.999/0.900 to arrive at the equivalent quantity of gold in terms of fineness of 0.995/0.999/0.900 respectively; and
2. Wherever the purity of the item of export is expressed in terms of fineness, the quantity of gold/silver/platinum shall be multiplied by the fineness of gold/silver/platinum exported and thereafter divided by 0.995/0.999/0.900 to arrive at the equivalent quantity of gold/ silver/platinum in terms of 0.995/0.999/ 0.900 fineness respectively’.

1. Shipping bills or invoice presented at the foreign Post Office;
2. Certificate from nominated agencies indicating the price at which gold/ silver/platinum was booked or given on outright sale basis or loan basis;
3. Three copies of invoice.

1. Name and address of the associate/Status Holder/ exporter;
2. An endorsement by the nominated agency that the export is made against an order received by the concerned associate, its date of registration with the nominated agency. In case of exports by Status Holder/exporter, a Self Declaration shall be provided to this effect;
3. The name of the Customs House through which gold/ silver/platinum/plain semi-finished gold/ silver/ platinum jewellery was imported and the corresponding Bill of Entry No. and date and the date of import.

1. Shipping bill with two extra copies where exports are made from a Customs House other than the Customs House through which the corresponding import of gold/ silver/ platinum/plain semi-finished gold/silver/ platinum jewellery was effected. In other cases, shipping bill with an extra copy;
2. Three copies of invoice;
3. Certificate from the nominated agency indicating the quantity and value of items supplied by the foreign buyer.

1. The exports under this scheme shall be subject to the following conditions for the following modes of export:
   1. Export of Gems and Jewellery for holding/participating in overseas exhibition.
      
      The exports under this scheme shall be subject to the following conditions:
      
      Items not sold abroad shall be re-imported within 60 days of the close of the exhibition. However, in case the exporter is participating in more than one exhibition within 45 days of close of the first exhibition, then the 60 days shall be counted from the date of close of the last exhibition. In case of personal carriage of gems and jewellery for holding/participating in overseas exhibitions, the value of such gems and jewellery shall not exceed US $ 2 million. The gold/silver/ platinum content on items sold in such exhibitions may be imported as replenishment. The exporter shall take replenishment from the Nominated Agency within 120 days from the close of the exhibition gold / silver / platinum for the purpose of replenishment content against the items sold abroad in exhibition.
   2. Personal Carriage of gems & jewellery or export through airfreight/post parcel route for Export Promotion Tours/photo shoots/fashion shows overseas:
      
      Personal carriage/export through airfreight/post parcel route of gold/silver/ platinum jewellery, cut and polished diamonds, precious, semi-precious stones, beads and articles as samples upto US$ 100,000 for export promotion tours/photo shoots/ fashion shows and temporary display/ sale abroad is also permitted with the approval of Gem & Jewellery & Jewellery Export Promotion Council subject to the condition that the promoter would bring back the jewellery / goods or repatriate the sale proceeds within 45 days from the date of departure through normal banking channel. In case of personal carriage for export promotion tours, the exporter shall declare personal carriage of such samples to the Customs while leaving the country and obtain necessary endorsement on the Export Certificate issued by Jewellery Appraiser of the Customs. In such cases the exporter shall book with the nominated agency, within 120 days after the export promotion tour or the expiry of the stipulated period of 45 days, whichever is earlier, gold/silver/ platinum for the purpose of replenishment content against the items sold abroad.
   3. Export of branded jewellery.
      
      Export of branded jewellery is also permitted with the approval of Gem & Jewellery and Jewellery Export Promotion Council for display/sale in the permitted shops set up abroad or in the showroom of their distributors/ agents. Items not sold abroad within 180 days shall be re-imported within 45 days. The exporter shall book with the Nominated Agency within 120 days after the end of the stipulated period of 180 days, gold/silver/platinum for the purpose of replenishment content against the items sold abroad.
2. The following documents shall be submitted for claiming such replenishment:
   1. Customs attested invoice;
   2. Copy of the approval letter issued by the Government/ GJEPC;
   3. Certificate from the Nominated Agency/ GJEPC in the form given in Appendix-22F.
3. In case of exhibitions organised by the nominated agencies, the gold/silver/ platinum shall be imported as replenishment by the Nominated Agencies within 60 days from the close of the exhibition.

1. Replenishment basis after completion of exports;
2. Outright purchase basis in advance;
3. Loan basis.

1. that the importer files a bond along with Bank Guarantee for a sum equivalent to one and half times the customs duty leviable on the said used jewellery/precious metal scrap;
2. the importer fulfils the export obligation and value addition as notified by Central Government;
3. such import will not be allowed through Hand Baggage. The detailed procedure including value addition requirement and export obligation period etc. for operationalisation of the facility under this paragraph shall be notified separately by DGFT.