GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
PUBLIC NOTICE NO.49
/(RE-2005)/2004-2009
In exercise of powers conferred under
Paragraph 2.4 of the Foreign Trade Policy, (RE-2005)2004-2009), the Director
General of Foreign Trade hereby makes following additions in the Hand Book of
Procedures (Vol.1)(RE 2005) 2004-2009:-
1.
The first sub-paragraph of
Paragraph 4.27 shall be substituted as under:-
The Advance Licence
including Advance Licence for Annual Requirement issued upto 31.8.2004 shall be
governed by the provisions contained in Chapter 7 of the Handbook (Vol.I)
(RE-2001) and Chapter 4 of the Handbook (2002-2007 as Notified on 31.3.2002)
respectively as amended from time to time excepting the provisions relating to
clubbing and extension in EO period which shall be governed by the provisions of
Paragraphs 4.20 and 4.22.1 respectively of this Handbook.
2.
The third sub-paragraph of
Paragraph 4.22.1 shall be substituted as under:-
However any further
extension beyond 12 months (2x6 months) from the date of expiry of original
E.O.P. as stipulated above or on the lapse of any other extension(s) granted by
this office would be permitted on payment of the composition fee @ 2% per month
of the duty saved amount proportionate to the balance export
obligation.
3.
At the end of paragraph 4.24 A (b) the following shall be added as a new
Sub-paragraph:-
However in respect of the
following inputs, the exporter shall be required to give declaration with regard
to technical characteristics, quality and specifications in the application for
advance licence for annual requirement and in the shipping bills. The licensing
authority while issuing the licence shall mention the technical characteristics,
quality and specifications in respect of such inputs:
Alloy steel including Stainless Steel, Copper
Alloy, Synthetic Rubber, Bearings, Solvent, Perfumes / Essential Oil / Aromatic
Chemicals, Surfactants, Relevant Fabrics, Marble.
4.
In the list of ICDs given under Paragraph 4.19, for the words “Surajpur
and Dadri” the words “Surajpur, Dadri and Tuticorin” shall be
substituted.
5.
In the list of ICDs given under Paragraph 4.40, for the words “Surajpur
and Dadri” the words “ Surajpur, Dadri and Tuticorin” shall be
substituted.
This issues in Public Interest.
(K.T CHACKO)
DIRECTOR GENERAL OF FOREIGN
TRADE
(Issued from File No. File
No. 01/94/180/162/AM06/PC-IV)