Import of products, equipments containing Ozone Depleting Substances (ODS) will be subject to Rule 10 of the Ozone Depleting Substances Rules, 2000. In terms of this Rule no person shall import or cause to import any product specified in Column (2) of Schedule VII which was made with or contain Ozone Depleting Substances specified in Column (3), unless he obtains a license issued by the Directorate General of Foreign Trade.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act,1992 (No.22 of 1992) read with paragraph 1.2 of the Foreign Trade Policy, 2004-2009, the Central Government hereby notifies the Foreign Trade Policy, 2004-2009 incorporating the Annual Supplement as updated on 7th April 2006 and contained in Annexure to this notification. The policy shall come into force w.e.f. 1st April 2006.
Import of Sandal Wood under Exim Code No. 44039922 will be restricted and subject to a ceiling of 5,000 cum in each licensing year. Imports will be permitted only against an Import License issued by the Directorate General of Foreign Trade. The Import License shall be issued in consultation with the Ministry of Environment and Forest.
The principal notification No. 39/2005-Customs(NT) dated the 13th May, 2005 was published vide number G.S.R 307(E), dated the 13th May, 2005 and subsequently amended by notification no. 46/2005-Customs(NT), dated the 8th June,2005 vide number G.S.R. 382(E), dated the 8th June, 2005.
For the purposes of this notification, “rate of exchange” applicable for the purposes of calculation of anti-dumping duty shall be the rate which is specified in the notification of the Government of India in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by sub-clause (i) of clause (a) of sub-section (3) of section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby notifies annual supplement of the Handbook of Procedures (Volume I) incorporating Annual Supplement as updated on 7th April 2006 as contained in annexure to this Public Notice and the Appendices to the Handbook of Procedures (Vol.I) as available on the website of Directorate General of Foreign Trade at http://dgft.gov.in. This shall come into force from 1st April, 2006.
