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.
Be replaced by the words “manufacturer exporter / merchant exporter tied with legal / licenced unit / industry for extracting Sandalwood Oil and having procured sandalwood oil class through open auctions from the State Forest Department having necessary certificate of origin in his or his firm’s name.
All applications received would be considered by the Exim Facilitation Committee on merits in consultation with the Ministry of Environment of Forests, New Delhi for issue of Authorisation Letter for export of Sandalwood Oil and shall be subject to any other condition(s) that may be stipulated. The export price indicated in the confirmed Export Order/Irrevocable Letter of Credit shall be one of the factors to be taken into consideration for issue of Authorisation Letter.
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).
Notification No. 204-Income Tax S.O. 1230(E).— In exercise of the powers conferred by clause (39) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies, — (a) the ICC Development (International) Ltd., Craigmuir Chambers, Road Town, Tortola, British Virgin islands, as the person; (b) the ICC Champions Trophy, 2006 to be held in India, as the International sporting event;