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he undersigned is directed to refer to the above mentioned Policy Circular No. 29(RE-2005)/2004-09 dated 06.10.2005 and to say that last sentence of para 8 of Policy Circular may be corrected to read.
In exercise of the powers conferred by sub-section (2) of Section 14 of the Customs Act, 1962, (52 of 1962), the Board, being satisfied that it is necessary and expedient so to do, hereby makes the following further amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue).
The principal notification No. 69/2001- CUSTOMS dated the 26th June, 2001 was published vide number GSR 461(E) dated the 26th June 2001 and was subsequently amended by notification No. 98/2005-Customs, dated 25th November, 2005, GSR 689 (E) dated the 25th November, 2005.
The principal notification number 74/2005-Customs, dated the 22nd July, 2005 was published in the Gazette of India, vide G.S.R number 499(E), dated the 22nd July 2005. The principal notification number 75/2005-Customs, dated the 22nd July, 2005 was published in the Gazette of India, vide G.S.R number 500(E), dated the 22nd July 2005.
The new system of import from registered sources will come into effect from 1st April, 2006. However, in cases where Bill of Lading is dated 1st August, 2006 and before,imports will be allowed on the basis of Pre-Shipment Inspection regime in terms of Para 2.32 of the Handbook of Procedures (Vol.1), notified vide Public Notice No. 1 dated 8th April, 2005 and as amended from time to time.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.
