GOVERNMENT OF
MINISTRY OF COMMERCE AND
INDUSTRY
DEPARTMENT OF COMMERCE
PUBLIC
NOTICE No. 26 (RE-2008)/2004-2009
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 amendments in the
Hand Book of Procedures, Vol.I (RE-2008):
1
The following paragraph stands added after paragraph 5.11.3 to read as
paragraph 5.11.4, as under:
“Whenever a
ban/restriction is imposed on export of any product, export obligation period
in respect of EPCG authorizations already issued prior to imposition of ban of
such export products, would stand automatically extended for a period
equivalent to the duration of ban, without any composition fee and exporter
would not be required to fulfill average E.O. as well for the ban period”.
This
issues
in public interest.
Sd/-
(R.S. Gujral)
Director General of Foreign
Trade and
Ex Officio additional
Secretary to the Government of India
(Issued from File No.
01/36/218/26/AM09/PC.V/EPCG.I)