ANNEXURE - II TO CIRCULAR NO.FX/100/2015 DT.02.11.
2015
COMPLIANCE CERTIFICATE FOR OPENING IMPORT LETTER OF CREDIT AND FOR
REMITTANCE TOWARDS IMPORT TRANSACTIONS
FROM: TO:
_______________________ FOREIGN DEPARTMENT / FEX CELL,
_______________________ ___________________________
Sub: FLC No._______ dated ___________/FSC/FBC No._______
Advance Remittance ________________________________
Amount __________________________________________
Importer's Name: _________________________________
We here below jointly certify that we are fully satisfied about the financial
status/standing of the Importers by virtue of long established track record and
that we have applied our mind as per operating procedure devised by RBI for
handling Import Bills / before accepting the payment for advance payment towards
imports or for retirement of Import Collection Bills or before deciding to open the
Import Letter of Credit on account of subject importers.
In case of doubt, we have made detailed verification of the Importer's books of
accounts, Inspection of Importers place of work, raised enquiries with some of the
leading customers of the Importer for establishing his business bonafides, and
obtained a comprehensive & wholly satisfactory opinion report on the overseas sellers
from their bankers abroad.
We certify that RBI Instructions reiterated vide para 4.1 of Manual of Instructions on
Imports - General (Updated till 31.12.2008) have been complied with.
We further certify that the decision to open the LC / allow payment of the said import
bill has been taken at the level of head of our branch.
......................... ..........................
Signature Signature
(Officer/Section Manager) (Head of the Branch)
Place:
Date:
Note: In case of designated branches/Fex Cells above certificate shall be
prepared and retained at the branch along with the copies of related
documents
ANNEXURE - I
DECLARATION-CUM-UNDERTAKING
From,:
....................
....................
To ,
The Senior Manager/Manager,
CANARA BANK,
..........................
Sub:- Declaration under section 10(5), chapter iii of the foreign exchange management
act,1999
I/we hereby declare that the transaction, the details of which are specifically
mentioned in the schedule hereunder, does not involve, and is not designed for the
purpose of any contravention or evasion of the provision of the foreign exchange
management act 1999 or any rule ,regulation, notification, direction or order made
there under.
I/we further agree to give you all such formation/particulars as may be required by you
and called for by you to determine whether such transaction contravenes any of the
provision of the foreign exchange management act or any other rule, regulation,
notification or order made there under.
I/we hereby declare that all the information/particulars given by us are true and correct
to the best of my/our knowledge and information.
I/we also understand and agree that if i/we refuse to comply with such requirement or
make only unsatisfactory Compliance therewith, the bank is always at liberty to refuse
in writing to undertake the transaction and Shall if it has reason to believe that any
contravention/evasion is contemplated by me/us report the matter to reserve bank of
India.
*I/we further declare that the undersigned has/have the authority to give this declaration
and undertaking on behalf of the firm / company.
Nature of transaction:
FC amount :
(signature of the applicant for foreign exchange)
Place:
Date:
femadec
ANNEXURE – IV
DECLARATION CUM UNDERTAKING TO BE OBTAINED FROM IMPORTERS FOR
IMPORTS NOT REQUIRING IMPORT LICENCE AS PER EXIM POLICY.
IF (IMP)1872
PLACE:……………………………..
DATE:……………………………....
To,
The Manager
Canara Bank
………………………………
………………………………
Dear Sir,
SUB: Our Import of ………………………………………………………………………..
for ……………………………………...(Currency & Amount) under free importability
REF: Your Ref. No. ……………………………………………..
With reference to our above imports, we hereby declare that –
i) the merchandise referred above can be imported freely as per the existing EXIM
Policy; and
ii) the subject goods have not been restricted or canalized under ITC (HS) Classification
of Export and Import Items.
I/We undertake to submit to you the Exchange Control Copy of Bill of Entry for Home
Consumption certified by the Customs / Customs Assessment Certificate or Postal Appraisal
Form, as the case may be, -
*a) within three months from the date of remittance, in the case of import on sight D/P basis.;
*b) on or before the due date of the bills, in the case of import of D/A usance basis.,
*c) within 15 days after completion of 12 months from date of advance remittance in
case of capital goods and within 15 days after completion of three months from date
of advance remittance in case of other goods.
Yours faithfully,
Authorised Signatory (Importer)
Note:*(a), (b) & (c) – Strike out whichever is not applicable.
ogldec
ANNEXURE I
(CIRCULAR NO.FX/23/2015 Dt. 13 02 2015)
NAME OF THE IMPORTER
ADDRESS
IE CODE
ACCOUNT NO.
PAN NO.
DESCRIPTION OF IMPORTED GOODS
PROFORMA INVOICE NO.
OVERSEAS SELLER
ADDRESS
PAYMENT MADE FOR ADVANCE/SIGHT/USANCE/BILL UNDER LC
SIGHT/USANCE/BILL UNDER LC – BANK
REFERENCE
IF ADVANCE PAYMENT WHAT % OF
PROFORMA INVOICE
FOREIGN CURRENCY
AMOUNT
WHTHER 15CA/CB SUBMITTED YES / NO
IF NO,DECLEARTION AS PER CIR 715/14
SUBMITTED
PAYMENT DETAILS
BENEFICIARY ACCOUNT NO.
BANK NAME
SWIFT CODE
ROUTING NO/ IBAN NO.
We request you to make payment as per the above details.
PLACE:
DATE :
Importer’s Signature
FOR BRANCH USE
REPORTING NO.
RATE
INR AMOUNT
IBA NO. AND DATE
Forwarded to FD, ___________/____________branch for making payment as above.
PLACE:
DATE :
Authorized Signatory
ANNEXURE - XIX
DECLARATION-CUM-UNDERTAKING TO BE OBTAINED FROM IMPORTER FOR
ADVANCE REMITTANCE TOWARDS IMPORTS
(ON THE IMPORTER'S LETTER HEAD)
PLACE .................
DATE ..................
To
The Manager,
CANARA BANK,
Dear Sir,
SUB : MY/OUR REQUEST FOR EFFECTING ADVANCE REMITTANCE OF __________________
(AMOUNT) TO M/S.________________________ TOWARDS IMPORT OF ________
________________________
1. I/We hereby declare that the import of the above said item is not included in the
banned list of imports under the present EXIM Policy.
2. I/We hereby declare that the import of said item is not included in negative list and/or
we are eligible to import the same without any Import Licence.
OR
We submit herewith the Exchange Control copy of Import Licence No...................
to cover the said Import.
3. I/We hereby undertake to ensure the physical import into India within 6 months from
the date of remittance (3 years in case of capital goods) and to submit the appropriate
documentary evidence of import to you within 15 days from the close of the said period.
4. In case I/we fail to import the goods to India within the prescribed period as above (or
the extended period of 1 month / 3 months as applicable as may be permitted by you in
terms of RBI guidelines), I/we hereby undertake to repatriate to India the amount
remitted immediately.
Yours faithfully,
AUTHORISED SIGNATORY OF THE IMPORTER
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