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Import Payment Covering Letter and A1 Format

The document appears to be an application for approval of a foreign exchange remittance for an import payment, as it includes a declaration by the applicant of import details and invoices, as well as certificates to be filled out by an authorized dealer confirming exchange control compliance and payment details. Key details included are the vendor name, currency, invoice value, documents provided like bill of entry and airway bill, and an undertaking to provide the customs documents within three months.

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gan_muru
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4K views4 pages

Import Payment Covering Letter and A1 Format

The document appears to be an application for approval of a foreign exchange remittance for an import payment, as it includes a declaration by the applicant of import details and invoices, as well as certificates to be filled out by an authorized dealer confirming exchange control compliance and payment details. Key details included are the vendor name, currency, invoice value, documents provided like bill of entry and airway bill, and an undertaking to provide the customs documents within three months.

Uploaded by

gan_muru
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Declaration to be furnished by Applicant I/We declare that a) b) c) the goods to which this application relates have been* imported

into India on my/our own account Will be* the import is on behalf of @_______________________________________* and the invoice value of the goods which is declared on this form is the real value of the goods imported * into in India To be imported If the import Has been made If the import is to be made * Strike out item not applicable @Where the import is on behalf of Central/State Government Department or a company owned by Central/State Government/ Statutory Corporation, Local Body, etc. the name of the Government Department, Corporation etc. should be stated. I/We attach the relative Customs-stamped Exchange Control copy of Bill of Entry * Post parcel wrapper (for imports by post)* or

I/We undertake to produce within three months to the authorised dealer the relative Customs-stamped Exchange Control copy of Bill of Entry * Post parcel wrapper (for imports by post)*/Courier wrapper (for imports through Courier)*

Date : 6-Jul-2011

(Signature of Applicant/Authorised Official) Space for comments of the authorised dealer


(While forwarding the application to Reserve Bank for approval, reference to Exchange Control Manual paragraph/ A.D.Circular in terms of which the reference is made should invariably be cited. If any remittance application on account of the same import was referred to Reserve Bank earlier, reference to the last correspondence/approval should also be cited).

Date : 6-Jul-2011 (Stamp & Signature of Authorised Dealer) Certificate to be Furnished by Authorised Dealer (Importer's Banker) We hereby certify that (a) This payment is

Put a tick () in the Relevant block (iii)

(i) (ii)

an advance remittance in retirement of bills under Letter of Credit opened through us

Against documents received through our medium for collection

(iv) On account of documents received direct by the applicant/s against undertaking furnished by the latter to submit Customs-stamped Exchange Control copy of Bill of Entry of Post Parcel/courier wrapper within three months (v)On account of documents received direct by the applicant/s against Customs-stamped Exchange Control copy of Bill of Entry/post parcel/courier wrapper (attached) submitted by the latter (vi)
(any other case, to be explained)

(b)

all the Exchange Control regulations applicable to the remittance have been complied with the payment to the supplier of the goods has been* made through___________________________ will be* (Name & Address of Foreign Bank)

We also certify/undertake that the relevant Customs-stamped Exchange Control copy of Bill of Entry or post parcel/courier wrapper * * * shall be verified by us within three months [vide certificate (a)(ii) and (iii) above]. has been verified [vide certificate (a) (v) above]. shall be obtained from the applicant/s within three months[vide certificate (a) (i) and (iv) above]. For Deutsche Bank

*Strike out Item Not Applicable

Bangalore Branch.
Date : 6-Jul-2011 (Stamp & Signature of Authorised Dealer)

Vendor number 17456 Name of the vendor ERICO EUROPE B.V Currency EUR Total Outstanidng Invoice Value Value in words Three Thousand Eight Hundred And Nine and Cents Fifty only Control No 1234 Date of covering letter 6-Jul-2011 FE Deal Date 6-Jul-2011 1. Advance Debit Advice # 1. Advance Debit Advice Date 2. Advance Debit Advice # 1. Advance Debit Advice # Date

Company Address

Reference Date

/IMP/1234/6-Jul-2011 6-Jul-2011

To KA : USMAN Deutsche Bank Trade Services Department, M.G.Road Bangalore - 560 001. Phone # 080 Dear Sir, Sub Ref Import Payment A1 1. Advance Debit Advice # - and dated 2. Advance Debit Advice #Nil

Please find enclosed the following documents to enable you for remit the outward payments, to our foreign supplier towards import made by us : 1. Form A1 2. Invoice copy 3. Air Way Bill/ Bill of Ladding 4. Triplicate Bill of Entry Vendor Name Currency Form A1 Value Value in words Invoice Details ERICO EUROPE B.V EUR 0.00 Three Thousand Eight Hundred And Nine and Cents Fifty only Refer Annexure 1

This forex payment has been covered by us under Forward Exchange Deal maturing on 6-Jul-2011 for an amount of EUR 0. Please wire transfer this amount to the supplier by debiting our Current Account # 0000 and send the debit advise to us".

The beneficiary's Bank details are as follows : Beneficiary Name Address Bank Name Address SWIFT BIC Account # Please acknowledge the receipt. Yours truly, for Company Name

Authorised Signatories

Encl: As per above List

ANNEXURE - 1 Con. # Vendor name 1234 ERICO EUROPE B.V Vendor # Inv. No. 17456 0 TOTAL Date Cur 0-Jan-00 EUR EUR Inv.Amt Adv.paid 0.00 OS Amt AWB # 0 BOE # 0 BOE Date 0-Jan-00 GRN # 0 BB # 0

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