GOVERNMENT
OF INDIA
MINISTRY
OF COMMERCE & INDUSTRY
DEPARTMENT OF
COMMERCE
NOTIFICATION NO. 2
(RE-2005)/(2004-2009)
NEW DELHI, DATED THE 13th
May,2005
S.O.(E) In exercise
of powers conferred by Section 5 of the Foreign Trade (Development &
Regulation) Act, 1992 (No.22 of 1992) read with Paragraph 1.3 of the Foreign Trade Policy,
2004-2009 as amended from time to time, the Central Government hereby makes the
following amendments :
1.
Sub-Paragraph 6.8 (a) shall
be amended to read as follows :
“Units, other than gems and
jewellery units, may sell goods upto 50% of FOB value of exports subject to
fulfillment of positive NFE on payment of concessional duties. Within the entitlement of DTA
sale, the unit may sell in DTA its products similar to the goods, which are
exported or expected to be exported from the units. No DTA sale at concessional duty shall
be permissible in respect of motor cars, alcoholic liquors, books, tea (except
instant tea), pepper& pepper products, refrigeration unit /
compacting / micronisation / pulverization / granulation / conversion of
monohydrate form of chemical to anhydrous form or vice-versa and such other
items as may be notified from time to time.
Sales made to a unit in SEZ
shall also be taken into account for the purpose of arriving at FOB value of
export by EOU provided payment for such sales are made from EEFC Account. Sale to DTA would also be subject to
mandatory requirement of registration of pharmaceutical products (including bulk
drugs).”
2.
Sub-Paragraph 6.8 (h) shall
be amended to read as follows :
“EOU / EHTP / STP/ BTP units
may sell finished products except pepper and pepper products, which are
freely importable under the Policy in the DTA under intimation to the
Development Commissioner against payment of full duties provided they have
achieved the positive NFE.
This issues in public interest.
( K.T.
Chacko)
Director General of Foreign
Trade
Ex-officio Addl. Secretary
to the Govt. of India
(Issued from F.No.01/92/180/20/AM06/PC-II)