GOVERNMENT OF INDIA
MINISTRY OF COMMERCE &
INDUSTRY
DEPARTMENT OF COMMERCE
PUBLIC NOTICE NO. 8 /(RE:2005)/2004-2009
NEW DELHI : DATED :
13th May, 2005
In exercise of the powers conferred under Paragraph 2.4 of the
Foreign Trade Policy, 2004-09 and Paragraph 1.1 of Handbook of Procedures
(Vol.1), the Director General of Foreign Trade hereby makes the following
amendments and additions in the Handbook of Procedures, Vol.1, as
amended.
1. The para 4.10A of handbook
of procedures Vol-1 is renumbered as
para 4.10.1
2. After para 4.10.1 of
handbook of procedures Vol-1,
following para is added
|
Revision of SION by ALC |
4.10.2 |
At the beginning of financial year or any time as
ALC may find it necessary, ALC may identify the SIONs which in its opinion
are required to be reviewed. The exporters are required to submit revised
data in the form given in ‘Aayaat Niryaat Form’ for such revision.
|
3. After para 4.25 (iv) of handbook of procedures Vol-1,
related to Physical exports, the following para is
added
“(v) Self certified copy of relevant portion of Appendix-23
(REGISTER
FOR
MAINTENANCE OF CONSUMPTION AND STOCKS OF IMPORTED RAW
MATERIALS/
COMPONENTS ETC BY THE ACTUAL USERS)
4. After para 4.25 (iv) handbook of procedures Vol-1,
related to deemed exports (including intermediate supplies, the following para
is added
“(v) Self certified copy of relevant portion of Appendix-23
(REGISTER
FOR
MAINTENANCE OF CONSUMPTION AND STOCKS OF IMPORTED RAW
MATERIALS/
COMPONENTS ETC BY THE ACTUAL USERS)
5. After
para 4.28 (iv) the following para is added
“(v) the licencing Authority shall compare the self certified copy of relevant portion of Appendix-23 with that of the norms applied in a particular licence and the actual quantity imported in that licence. In this verification process, in case the licence holder has consumed lesser quantity of inputs than imported, customs duty on the unutilized value of imported material along with interest at the rate of 15% per annum thereon is payable.”
6. The Following foot note is added below
Appendix-23
“Note-1:- This Register can also be maintained in
electronic form. Any extract of
this register can also be submitted to the Licencing Authority concerned in
electronic form digitally signed .”
This issues in public interest.
Sd/-
(K.T. Chacko)
Director General of Foreign Trade
And Ex-officio Additional Secretary
to the Govt. of India
(S.B.S.REDDY)
Jt. DIRECTOR GENERAL OF
FOREIGN TRADE
(Issued from File No - 01/87/171/00002/AM06/DES-VIII)