Import consignments of above mentioned seconds/defectives of steel items shall be accompanied by a pre shipment certificate regarding description of material, material quality, chemical analysis of the material, visual inspection, thickness and width of material and the ITC (HS) Code No. from any of the inspection agency as specified in Appendix 32A of the Hand Book of Procedures, Vol..I ,1997-2002, as amended from time to time .
The Rupee amount rounded off to the nearest one rupee as intimated by Aid Accounts & Audit Division, Department of Economics Affairs should be deposited with interest as applicable, to the account of CAA&A, DEA, Ministry of Finance with the RBI, New Delhi or State Bank of India, Tis Hazari, Delhi through Challan and a copy of receipted challan should be sent to the Aid Accounts and Audit Division, Ministry of Finance, Department of Economic Affairs, ‘B’ Wing, Vth Floor, Janpath Bhavan, New Delhi-110 001.
Attention is invited to Paragraph 4.11. of the Export and Import Policy 1997-2002, as amended and Paragraphs 7.8 and 7.10 of the Handbook of Procedures, Vol.1, 1997-2002, as amended and also to the Handbook of Procedures, Vol.2, 1997-2002, as amended from time to time.
Public Notice 42 updates SION with new entries for plastic and chemical products in India’s Export and Import Policy.
In terms of the EXIM Policy 2000-2001 announced on 31.3.2000, Duty Free Replenishment Certificate (DFRC) Scheme had come into operation with effect from 1.4.2000 and exports made under it were, interalia, eligible for AIR of Drawback equivalent the Central Excise duty portion in respect of inputs imported and cleared on payment of CVD, provided no cenvat was availed. Circular Nos
