GOVERNMENT OF
MINISTRY OF COMMERCE
& INDUSTRY
DEPARTMENT OF COMMERCE
PUBLIC NOTICE NO. 42 (RE:
2008)/2004-2009
In
exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade
Policy, 2004-09 and Paragraph 1.1 of the Handbook of Procedures (Vol.1), the
Director General of Foreign Trade hereby makes the following amendments in the
Handbook of Procedures, Vol.2, 2004-2009, as amended
from time to time.
1. The Last Paragraph to “General Note for Fuel” in HBP, Vol. 2
as amended vide Public Notice 110 dated 15.2.2008 stands replaced by the
following clause:
“For the purpose of import of fuel under Advance Authorisation, the applicant shall indicate the name of the
specific fuel sought for import in their application. Import
of fuel shall also be permitted under Paragraph 4.7 of Handbook of Procedures,
v1 or against Adhoc Norms as per the entitlement
under “General Note for Fuel”. In
case of DFIA and erstwhile DFRC, import entitlement for fuel as per SION may be
transferred only to companies which have been granted licences
to market fuel by the Ministry of Petroleum and Natural Gas. For the purpose of calculation of DEPB
rates, fuel shall not be taken into account.
However, exporter can apply for fixation of DEPB rate (Brand Rate) in
ANF 4C for the component of customs duty on fuel under DEPB Scheme.”
This issues
in public interest.
Sd/-
(R.S. Gujral)
DIRECTOR GENERAL OF FOREIGN TRADE
Ex-Officio Additional Secretary to the Government of
(Issued from F. No. 01/94/180/ Open House Meet -HBP v 2/Fuel /AM09/PC 4)