Home India Ministry of Commerce and Industry Import of Watermelon Seeds under ITC(HS) 12077090 of ITC(HS)...
Date: 2024-02-14 Category: Not Applicable State: Union Government Country: India

Import of Watermelon Seeds under ITC(HS) 12077090 of ITC(HS) 2022 for the period up to 31.08.2024-reg.

Issued by Ministry of Commerce and Industry · Directorate General Of Foreign Trade

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Executive Summary & Key Takeaways

This policy outlines the documentation required for firms applying for import allocation of Watermelon Seeds through the Directorate General of Foreign Trade (DGFT). Applicants must submit two key documents: 1. **Chartered Accountant (CA) Certificate (Annexure A):** This certificate, to be issued on the CA firm's letterhead, verifies the applicant firm's processing turnover related to Watermelon Seeds. The CA must examine the firm's books of accounts and declare the total imports and sales of processed Watermelon Seeds for the financial years 2021-22, 2022-23, and 2023-24 (up to February 14, 2024). This declaration must include: * Import of Watermelon Seeds in Metric Tonnes and INR Crores for each year. * Sale of Processed Watermelon Seeds in Metric Tonnes and INR Crores for each year. * Details of GST invoices for processing of Watermelon Seeds, including GST Invoice Number, Date of GST Invoice, Quantity in Kgs, and Value in INR for each year. * The certificate must include the UDIN, date, place, and signature of the Partner/Director/Authorized Signatory of the CA firm. 2. **Undertaking by the Applicant Firm (Annexure B):** This undertaking, to be submitted on the applicant firm's letterhead, confirms the accuracy of the information provided in the CA Certificate and the online application to DGFT. The applicant firm must declare that: * The details submitted for processed Watermelon Seeds are correct and pertain to volumes processed at their own manufacturing premises, excluding any trading volumes. * The details of Import of Watermelon Seeds stated in the CA Certificate and the online application are correct. * The firm acknowledges that any misdeclaration will result in disqualification from the current import allocation and debarment from future allocations of a similar nature for two years. * The undertaking must include the date, place, and signature of the Partner/Director/Proprietor/Authorized Signatory of the applicant firm.

Key Entities Referenced

Watermelon Seeds: Refers to the agricultural commodity that is the subject of import and processing activities. DGFT: Likely refers to the Directorate General of Foreign Trade, the agency to which the online application for import allocation is submitted. Chartered Accountant: An accounting professional whose certificate is required to verify the processing turnover of Watermelon Seeds. IEC: Likely refers to the Importer-Exporter Code, a key identifier for businesses involved in import/export activities. Financial Year: The accounting period for which the import and sale of processed Watermelon Seeds are reported (2021-22, 2022-23, 2023-24). GST Invoices: Refers to Goods and Services Tax invoices, which provide details about the processing of Watermelon Seeds. UDIN: Unique Document Identification Number, used to authenticate the Chartered Accountant's certificate.
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Annexure A Format of the CA Certificate to be submitted by the applicant under given PN to certify the Processing Turnover (To be submitted on the letterhead of the Chartered Accountant firm) CERTIFICATE This is to certify that the books of accounts of the firm of M/s._ (firm name) having IEC _________, located at (address(es)) have been examined. 2. It is accordingly declared that the total imports and the volume of processed Watermelon Seeds for the current Financial Year and last two Financial Years is as under :- Year Import of Watermelon Seeds Sale of Processed Watermelon Seeds Unit of Measurement (in Metric (In INR (in Metric (In INR Tonnes) Crores) Tonnes) Crores) 2021-22 2022-23 2023-24 (till 14.02.2024) [UDIN]:______ Partner/Director/Authorised Signatory of the CA firm Date: ______________ Place: ______________Details of GST Invoices for Processing of Watermelon Seeds GST Invoice No. Date of GST Quantity in Kgs Value in INR Invoice …. Total (2021-22) [_____________] [_____________] …. Total (2022-23) [_____________] [_____________] …. Total (2023-24) [_____________] [_____________] Partner/Director of the CA firm Date: ______________ Place: ______________Annexure B Format of the Undertaking by the Applicant Firm (To be submitted on the letterhead of the Applicant Firm) UNDERTAKING I, (name of director/partner/proprietor/authorised signatory) of the firm of M/s._ (firm name) having IEC _________, located at (address(es)) declare that - 1. Reference the Charter Accountant Certificate having UDIN ____ and reference the details as submitted vide the online application to DGFT for import allocation for Watermelon Seeds, I hereby undertake that the details submitted for the processed Watermelon Seeds are correct and pertain to the volumes processed at own manufacturing premises. Any trading volumes for Watermelon seeds have not been included herein. 2. I undertake that the details of Import of Watermelon Seeds as stated in the Charter Accountant Certificate having UDIN ____ and as submitted vide the online application to DGFT are correct. 3. I undertake that in the event of any misdeclaration, I shall be liable for disqualification from consideration for the present import allocation and shall be debarred from participation in any subsequent allocations of a similar nature for a period of two (2) years. Partner/Director/Proprietor/Authorised Signatory of the applicant firm Date: ______________ Place: ______________

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