Page 193 - COMBINED QUESTIONS AND ANSWERS - EDITION 2019 - PART II_Neat

Q-752: Meaning of Applicant under FTP
A-752: A person on whose behalf an application is made for wherever the context so
requires and includes person signing the application.
Q-753: Meaning of Capital Goods
A-753: Any plant, machinery, equipment or accessories required for manufacture or
production, either directly or indirectly, of goods or for rendering services, including
required for replacement, modernisation, technological up-gradation or expansion. It
includes packaging machinery and equipment, refrigeration equipment, power generating
sets, machine tools, equipment and instruments for testing, research and development,
quality and pollution control.
Capital goods can be used in manufacturing, mining, agriculture, aquaculture, animal
husbandry, floriculture, horticulture, pisciculture, poultry, sericulture and viticulture as well
as for use in the services sector.
Q-754: Meaning of shipping advice
A-754: The document details to the importer about the good being exported. A copy of the
invoice and the packing slip (and sometimes a copy of bill of lading) may also be attached
also called shipping advice.
Q-755: Meaning of Authorised person under Shipping Bill (Electronic Integrated Declaration and A-
Paperless Processing) Regulations, 2019
A-755: An exporter or a person authorised by the exporter who has a valid licence under
the Customs Brokers Licencing Regulations, 2018 (CBLR) and includes an employee of the
Customs Broker who been issued a photo identity card in Form G under the CBLR, 2013.
Q-756: Meaning of component
A-756: One of the parts of a sub-assembly or assembly of which a manufactured product is
made up and into which it may be resolved. A component includes an accessory or
attachment to another component.
Q-757: Meaning of consumables
A-757: Any item, which participates in or is required for a manufacturing process, but does
not anecessarily form part of end-product. Items, which are substantially or totally
consumed during a manufacturing process, will be deemed to be consumables.
Q-758: Meaning of manufacture
A-758: To make, produce, fabricate, assemble, process or bring into existence, by hand or
by machine, a new product having a distinctive name, character or use and shall include
processes such as refrigeration, re-packing, polishing, labeling, Re-conditioning repair,
remaking, refurbishing, testing, calibration, re-engineering.
Manufacture, for the purpose of FTP, shall also include agriculture, aquaculture,
animal husbandry, floriculture, horticulture, pisciculture, poultry, sericulture, viticulture and
mining.
Q-759: Meaning of SCOMET
A-759: The nomenclature for dual use items of Special Chemicals, Organisms, Materials,
Equipment and Technologies (SCOMET). Export of dual-use items and technologies under
India’s Foreign Trade Policy is regulated. It is either prohibited or is permitted under an
Authorisation.

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