GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
NEW DELHI, DATED THE 2nd May, 2006
In exercise of powers conferred under
Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of
Foreign Trade hereby makes the following amendments in Handbook of
Procedures Vol. I :
Sub-para 6.22 © shall be amended as under:-
“ (c)The unit has been in existence for at least two years
and engaged in export of agriculture / horticulture/ aquaculture products;
otherwise it shall furnish bank guarantee equivalent to the duty foregone on
the capital goods/inputs proposed to be taken out to the Deputy/Assistant
Commissioner of Customs/Central Excise till the unit completes two years.”
This
issues in Public interest.
( K.T. CHACKO )
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India
(Issued from F.No. 01/92/180/017/AM07/PC-II)