Government of
Ministry of Commerce and
Industry
Directorate General of
Foreign Trade
Udyog Bhavan,
Policy Circular No.34
(RE-2005)/2004-09
Dated, the 30th November, 2005
To,
All Licensing Authorities,
All Custom Authorities.
Subject : Policy Circular No. 24/2004-09 dated
30.8.2005- clarification regarding.
A number of clarifications have been sought by the Trade and Industry
regarding certain provisions of Policy Circular No. 24/2004-09 dated 30.8.2005
on revised guidelines for import of rough Marble blocks / slabs. The matter has been reviewed and it is
clarified as follows :
1.
With regard to the entitlement of the applicant as laid down in para 2 (III) of the aforesaid Policy Circular it is hereby
clarified that the entitlement will be calculated on the basis of the turnover
of marble imported under Chapter 25 of the ITC (HS) Classification of Export
Import Items 2004-09 only. These
companies who have been importing under Chapter 25 may also add their complete
turnover for imported marble for the preceding year i.e. 2004-05. For this purpose a revised Chartered
Accountant certificates indicating turnover of the preceding year (2004-05)
based on above criteria should be filed.
2.
With regard to eligibility criteria as laid down in para 2(1) of the aforesaid Policy Circular it is clarified
that manufacturing / processing units should have been set up during the years
when marble was under SIL List or before.
Hence documentary evidence showing establishment of manufacturing /
processing units during that period should be produced.
This
issues
with the approval of DGFT.
(Pratima Dikshit)
Joint Director General of
Foreign Trade
(Issued from F.No. M5726 & 5727 / AM 03 / PC-I(A))