Government of India
Department of Commerce
Directorate General of
Foreign Trade
Policy Circular No.
_8__(RE-07)/2004-2009
Dated 30th August,
2007
To
All
Licensing Authorities
Subject:- Procedure to be followed for deciding
eligibility and level of cut in entitlement on applications filed beyond the
due date subsequent to Public Notice No.16 dated 10.7.2007.
References have been
received from various Regional Authorities regarding the procedure to be followed
for deciding the eligibility and the level of cut in entitlement to be imposed
on applications received after due date subsequent to Public Notice No.16 dated
10.7.2007.
2. The
matter has been examined and it is clarified that the amended provisions of
Para 9.3 of Hand Book of Procedures Vol.I shall be applied in the following
manner:
(1) Applications which have not been submitted earlier and are now eligible with
late cut may be considered with 2% or 5% cut, as the case may be in terms of
amended para 9.3 of HBP.
(2) (i)
All time barred, pending or
rejected applications which were filed
after six months from the expiry of prescribed last date of submission of
application, but are now within 12 months of the expiry of last date of
submission of application should be processed with 5% late cut.
(ii) In all pending cases filed within
six months from the last date of submission with 10% cut, the entitlement
should be issued with 2% cut.
(iii)
Similarly in all cases where entitlement was issued after 10.7.2007, requests
for enhancement be considered depending on the 2% or as the case may be, 5% cut
to be applied.
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However, all the cases should be
processed only after obtaining/submission of prescribed fees for the revised
entitlement.
(3) Those cases, where benefit has already been granted with applicable late cut etc. on or before 10.07.2007, shall not be re-opened and no request for enhancement etc. will be considered.
3. This issues with the approval
of competent authority.
(O.P. Hisaria)
Joint Director General of Foreign Trade
(Issued from File No.
01/94/162/O.H.Kanpur/AM08/PC-I