Shipping Bill (Post export conversion in relation to instrument based scheme) Regulations, 2022

Regulation 4. Conditions and restrictions for conversion of Shipping Bill

(1) The conversion of shipping bill and bill of export shall be subject to the following conditions and restrictions, namely :-

(a) fulfilment of all conditions of the instrument based scheme to which conversion is being sought;

(b) the exporter has not availed benefit of the instrument based scheme from which conversion is being sought;

(c) no condition, specified in any regulation or notification, relating to presentation of shipping bill or bill of export in the Customs Automated System, has not been complied with;

(d) no contravention has been noticed or investigation initiated against the exporter under the Act or any other law, for the time being in force, in respect of such exports;

(e) the shipping bill or bill of export of which the conversion is sought is one that had been filed in relation to instrument based scheme.