1. Importer records data of the request for raw materials release onto a diskette and deliver it to the Investor Club Association together with other related documents as follows: -A Request for Import Duty Exemption on Raw Materials - A copy of import invoice - A copy of Promotion Certificate (In case of request for raw materials release for the first time) - Copies of A/L,B/L (In case of request for raw materials release for the first time) - A copy of Import Declaration (In case of using bank guarantee for release of raw materials or using the right reservation) 2. Importer submits the data diskette and documents at the Investor Club Association 3. The Investor Club Association checks data using the RMTS (Raw Material Tracking System) - If the data is incorrect, it’s returned to the importer for correction - If the data is correct, the Investor Club Association prints a report and the approval letter for raw material release. 4. The BOI authority stationed at the Investor Club Association signs the approval letter. 5. The Investor Club Association makes 2 sets of approval letters: - One is returned to the importer - The other is kept as evidence by the Investor Club Association
