GOVERNMENT OF
MINISTRY
OF COMMERCE & INDUSTRY
DEPARTMENT
OF COMMERCE
DIRECTORATE
GENERAL OF FOREIGN TRADE
UDYOG
BHAWAN
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:
|
1 |
At
the end of the first sub-paragraph of Paragraph 4.4.3, the following
sentence shall be added:- | |
|
|
“Further, duty free import of spices ( covered by chapter 9 of the ITC (HS) Classifications of Export & Import Items, 2004-09) for export under advance licence scheme shall be permitted only for value addition purposes like crushing/grounding/sterilization or for manufacture of oils and oleoresins and not for simple cleaning, grading, re-packing etc”. | |
|
2 |
At
the end of paragraph 4.7, the following sentence shall be
added:- | |
|
|
“Further, duty free import of spices (covered by chapter 9 of the ITC (HS) Classifications of Export & Import Items, 2004-09) for export under advance licence scheme shall be permitted only for value addition purposes like crushing/grounding/sterilization or for manufacture of oils and oleoresins and not for simple cleaning, grading, re-packing etc”. | |
|
3 |
At
the end of the first sub-paragraph of Paragraph 4.22, the following sentence shall be
added: | |
|
|
“In case of Spices ( covered by chapter 9 of the ITC (HS) Classifications of Export & Import Items, 2004-09), the export obligation shall be fulfilled within a period of 90 days from the date of receipt of the first import consignment i.e. the date on which the first import consignment is cleared by the customs authorities against the licence”. | |
|
4 |
At
the end of para 6.7(c), the following shall be
added:- | |
|
|
“Similarly, export obligation against
import of (covered by chapter
9 of the ITC (HS) Classifications of Export & Import Items,
2004-09) shall be fulfilled
within a period of 90 days from the date of receipt of the first import consignment i.e. the date
on which the first import consignment is cleared by the customs
authorities”. | |
|
5 |
In
Appendix 14-I-C “Sector specific requirements for EOU/SEZ Units”,
after Sl. No. 9, the following shall be
added:- “10. Spices ( covered by chapter 9 of the ITC (HS)
Classifications of Export & Import Items, 2004-09) | |
|
|
(i) |
Duty
free import of spices for export shall be permitted only for value
addition purposes like crushing/grounding/sterilization or for manufacture of oils and
oleoresins and not for simple cleaning, grading, re-packing
etc. |
|
|
(ii) |
A
minimum value addition of 15% shall have to be
fulfilled”. |
This
issues
in the Public interest.
( K.T. CHACKO)
DIRECTOR
GENERAL OF FOREIGN TRADE
EX
OFFICIO ADITINOAL SECRETARY TO THE GOVERNMENT OF
(Issued from F.No. 01/92/180/20/AM.06/PC-II)