GOVERNMENT
OF
MINISTRY OF COMMERCE AND
INDUSTRY
PUBLIC
NOTICE No. 2 (RE-05) /2004-09
As
a measure of greater facilitation for exporters the validity period in respect
of various import licenses was extended in the Foreign Trade Policy, 2004-09
announced on 31.08.2004. A number
of representations have been received from various exporters/trade associations
requesting for allowing the same validity period for the import
licenses/certificates/permission/CCP etc. issued during the period 1.4. 2004 to
31.8.2004.
In
exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy,
2004-09, the Director General of Foreign Trade hereby amends the validity period
of import licenses/certificates/permission/CCP etc.
issued during the period w.e.f. 1.4.2004 to 31.8.2004 as indicated
below:
|
(i) |
Advance Licence (including
Advance Licence for Annual Requirement), DFRC and Replenishment licence
for Gem & Jewellery as per Chapter- 4 of the
Policy |
24
months |
|
(ii) |
EPCG licence (other than
spares) |
36
months |
|
(iii) |
EPCG Licence for Spares,
refractories, catalyst and consumables |
Co-terminus with the Export
Obligation Period of the EPCG Licence. |
|
(iv) |
Others including CCP and Duty
Entitlement Passbook Scheme, unless otherwise
specified |
24
months |
|
(v) |
Advance Licence for deemed
export (including Advance Licence for Annual
Requirement) |
24 months or Co-terminus with
the contracted duration of execution of the project whichever is
later. |
The licence holders, desiring to avail the benefit of extension in the validity period, as indicated above, may present their licenses to the concerned licensing authorities for getting an endorsement made on the body of the licence to that effect.
This issues in Public
interest.
( K.T. CHACKO )
Director General of Foreign Trade and
Ex Officio Additional
Secretary to the Government of
(Issued from File No: 01/94/180/16.Pt.F(1)/AM05/ PC-IV)