MINISTRY OF COMMERCE AND INDUSTRY
PUBLIC NOTICE No 5 /2004-09
NEW DELHI: the 16th September, 2004
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following corrections in Handbook of Procedures (Vol. I) :-
At the end of Para 4.42 related to “utilization of DEPB credit”, the following clause shall be added:-
“In case of edible oils, whether refined or unrefined, the DEPB may be used for debit of 50% of the applicable duty and the balance 50% shall be paid in cash.”
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 File No. 01/94/180/9/AM05/PC.IV )