Goods, as contained in this Table, if exported as export obligation under Advance Authorisation Scheme or under Duty Free Import Authorisation Scheme, shall be eligible for this export benefit only if the value addition is at least 100%.
Consequently all marine products covered under Chapter 3, Codes 1604 & 1605 are entitled to additional 2.5% VKGUY benefits on exports made w.e.f 1.4.2008.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I RE2008.
Vide the above mentioned Notification, the ITC HS Codes have been aligned with that of the Customs. It is brought to the notice of all concerned that there is no amendment in Policy for any item under the said Notification.
The matter has been examined and the request of the Association has been agreed to by the competent authority. Accordingly, it is clarified that all licence holders of rough/ unprocessed blocks and slabs of agglomerated/artificial stones, issued to them as per provisions of Policy Circular No.35 dated 10.10.2008 are hereby given an option to either import rough marble blocks/slabs (Exim Code Nos. 25151100, 25151210, 25151220, 25151290 indicated in Schedule-1 (imports) of ITC (HS) Classifications of Export and Import Items, 2004-2009) or the items indicated in their licenses, i.e. artificial/agglomerated stones.
Accordingly, all licence holders of rough marble blocks/slabs, issued to them under the provisions of Policy Circular No.12 (RE-08)/2004-2009 dated 27.6.2008, may apply to the concerned R.A. of DGFT for enhancing the quantity in their licence by upto 25% of the quantity granted to them in the year 2008-09. The import of enhanced quantity shall be subject to all the conditions applicable on import of rough marble blocks/slabs indicated in relevant Circular.
The Principal notification No.94/2004-Customs, dated the 10th September, 2004 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-Section (1) vide number G.S.R 607 (E), dated the 10th September, 2004 and was last amended by notification No.19/2009-Customs, dated the 24th February,2009 published in the Gazette of India, extraordinary, Part II, Section 3, Sub-Section (1) vide number G.S.R 111 (E), dated 24th February,2009.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy – 2004-09, the Central Government hereby amends Schedule – I (Imports) of the ITC (HS) Classifications of Export and Import Items, 2004-09.
Import of Marble, classified under Chapter 25 and 68, from Bhutan shall be subject to a combined annual quota of 3,14,000 sq ft. The quota shall come into effect from the date of issue of this Notification and operate on financial year basis. Since the total import of marble from Bhutan during this financial year has already exceeded more than 6 lakh sq. ft., therefore, no import of marble shall be allowed during this financial year.
In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992), read with Para 1.3 of the Foreign Trade Policy, 2004-2009 (as amended from time to time), the Central Government hereby makes the following amendment in Foreign Trade Policy.
