GOVERNMENT OF
INDIA
MINISTRY OF COMMERCE AND
INDUSTRY
DEPARTMENT OF
COMMERCE
DIRECTORATE GENERAL OF
FOREIGN TRADE
NOTIFICATION No.
19/2004-2009
NEW DELHI DATED THE 19th JANUARY, 2005
S.O.(E)
In exercise of powers conferred by Section 5 of the Foreign Trade (Development &
Regulation) Act,1992 read with paragraph 2.1 of the Foreign Trade Policy, 2004-2009, the
Central Government hereby makes the following amendments in the Foreign Trade
Policy, 2004-2009:
1. Para 1B.1
(iv)(a) is amended as
follows:-
“Import
of Gold of 8k and above shall be allowed under the replenishment scheme subject
to the import being accompanied by an Assay Certificate specifying the purity,
weight and alloy content.”
2.
Paragraph 4.1.11 and 4.1.12 are amended as follows:-
|
Advance Release Orders
|
4.1.11 |
An Advance
Licence holder, holder of advance licence for annual requirement, holder
of Diamond Imprest Licence and holder of DFRC intending to source the
inputs from indigenous sources/State Trading Enterprises/ EOU/SEZ/
EHTP/STP/BTP units in lieu of direct import has the option to source them
against Advance Release Orders denominated in foreign exchange/ Indian
rupees. The
transferee of a DFRC shall also be eligible for ARO facility. However,
supplies may be obtained against the licence from EOU/ EHTP/ BTP/STP/SEZ
units, without conversion into ARO. | |
|
Back-to-Back Inland Letter of
Credit |
4.1.12 |
An Advance
Licence holder, holder of advance licence for annual requirement, holder
of Diamond Imprest Licence and holder of DFRC may, instead of applying for
an Advance Release Order, avail of the facility of Back-to-Back Inland
Letter of Credit in accordance with the procedure specified in Handbook
(Vol.1). | |
This issues in Public
interest.
(K.T.
CHACKO)
DIRECTOR GENERAL OF
FOREIGN TRADE and
EX-OFFICIO ADDITIONAL
SECRETARY TO THE GOVT. OF INDIA
(Issued from F.No. 01/94/180/ 010/AM05/PC.IV)