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Raja Simhan T.E.

CHENNAI, April 7

IMPORTERS and exporters eligible to avail the new scheme include all status holders under the Exim policy, Central and State Government public sector undertakings, all importers and exporters including manufacturer who have been importing and exporting goods for the past two years from a particular customs station and have filed at least 25 bills of entry during the preceding year at that particular customs station, says the CBEC circular.

So far as gold import was concerned, the dock/shed appraiser will reject the green channel and would physically examine the gold consignment to verify whether the imported gold is eligible for concessional duty at the rate of Rs 100 per 10 grams.

Other import cargoes eligible for the scheme includes crude petroleum and petroleum products, fertilisers, bulk imports of sulphur, rock phosphate, cereals and project imports.

So far as exports, the categories for the scheme include100 per cent EOUs, EHTPs and STPs whose goods have been stuffed/sealed in the presence of Central Excise/Customs officer, Central or State public sector undertakings, manufacturer-exporters who have been exporting for over two years from a particular customs station and have filed at least 25 shipping bills at the said customs station during the preceding year and bulk (loose) exporters of any goods.

Further, goods requiring for assessment of shipping bills, production of bonds, bank guarantees, undertaking, certificate and licenses would not be covered for clearance under the scheme, irrespective of the category of the exporter, says the circular.

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