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.
Notification No. 1 (RE-2006) incorporates the 2006 Annual Supplement to the Foreign Trade Policy 2004-09, effective from April 1, 2006.
DGFT Policy Circular No. 1 (RE-2006) sets a 5,000 cubic meter annual limit on sandalwood imports under Exim Code 44039922, requiring a license and compliance with guidelines.
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.
Public Notice No. 01 (RE-2006) updates the Handbook of Procedures (Vol. I) for 2004-09, effective April 1, 2006, detailing trade policies and procedures.
