It has been decided to release a ceiling of 25000 MT of Powder Milk (Skimmed or Full Cream) whole and Infant Milk Food and 7,500 MT of Milk Ghee and Butter for export during the current licensing year of 1998-99. The above ceiling is placed at the disposal of Agricultural and Processed Food Products Export Development Authority (APEDA) who will issue Registration-cum-Allocation Certificate (RCACs) as per procedure to be specified by them.
I am directed to refer to representation dated 5th May, 1998 from M/s All India Association of Industries on the above subject. They have informed that their members are setting up various industrial projects and availing the facility of import of capital goods under leasing agreements. In case of import by different projects, the Bills of Entry are not being allowed to be filed in joint name of
I am directed to refer to Board’s Circular No. 27/98-Cus issued from F. No. 314/19/94-FTT dated 21.4.98. It has been provided in para 4 of the above said Circular that the depreciation for capital goods other than computers, at the following rates may be allowed
DGFT extends validity of certain licenses for Gujarat exporters until September 30, 1998, due to natural calamities in the coastal region.
