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In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No.283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the following amendment in Appendix-28A of the Handbook of Procedures (Vol.1) (RE-99), 1997-2002.
In exercise of the powers conferred by section 13 of the Foreign Trade (Development and Regulalation) Act, 1992 (22 of 1992) and in supersession of Notification of the Government of India in the Ministry of Commerce No. 145(E) dated 24th February, 1998 published in the Gazette of India(Extraordinary) Part-II section 3, sub-section (ii), except as respects things done or omitted to be done before such supersession, the Central Government hereby authorises the officers specified in column (2) of the Table below for the purposes of exercising powers under section 13 read with section 11, subject to the limits specified against such officers in the corresponding entry in column 3 of the said Table, namely.
A clarification has been sought whether Kar Vivad Samadhan Scheme is applicable to various Export Promotion Scheme like Duty Exemption Scheme/ Pass Book Scheme/ EPCG Scheme. The matter has been examined in consultation with the Department of Revenue. It is hereby clarified that if the licence holder settles the custom dues under the Kar Vivad Samadhan Scheme, he can only be absolved of his liability in relation to the Customs Duty due and payable. The licence holder is also entitled for grant of immunity from prosecution under the provision the Customs Act, 1962.
This Directorate has been receiving representations from various quarters seeking clarifications as regards the Classification of certain specific items under the ITC(HS) Classifications of Export and Import Items, 1997-2002. Such requests for issue of appropriate clarifications etc. have been examined and based on the decision(s) arrived at by the committee set up for this purpose, the applicants have been suitably advised about the appropriate classification of such items under the ITC(HS) Exim Code. A list of the items where clarifications were given is given below for information of all concerned.
