Public Notice No. 22 (RE-98)/1997-2002: Amendments to Export & Import Procedures

TG Team 10 Jul 1998 298 Views 0 comment Print DGFT | Notifications/Circulars, Public Notices

Sponsored

Director General of Foreign Trade has released Public Notice No. 22 (RE-98)/1997-2002, making significant amendments to the Handbook of Procedures (Vol. 1) for the Export and Import Policy, 1997-2002. The notice includes updated descriptions and DEPB rates for various chemical products, textiles, and engineering items. It also revises compliance procedures for exporters regarding Customs and Excise exemptions and mandates that applications for DEPB rate fixation must be submitted through the relevant Export Promotion Council. The amendments aim to enhance regulatory clarity and facilitate compliance within the export sector.

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE

PUBLIC NOTICE NO. 22 (RE-98)/1997-2002,

NEW DELHI: 10^th July, 98

In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.1) (RE-98), 1997-2002.

1. The description of export product as given in Appendix 28A against the following serial numbers of product group ‘Chemical’ mentioned below shall be amended as follows:

S.No. of export product			Export Product	DEPB rates	Value cap for calculating DEPB entitlement
	501			Carbofuron Granules	19
	502			Chlordane	16
	503			Chloropyriphos Technical	19
	504			Cypermethrin technical	15
	508			Dichlorvos Technical	15
	509			DDVP Technical	15
	511			Dimethoate Technical	12
	512			Ethion Technical	14
	513			Fenthion	16
	514			Glyphosate	17
	515			Isoproturon Technical	17
	516			Malathion	17
	517			Malathion Technical by spectro photometry	17
	518			Malathion technical by GLC	17
	519			Mancozeb (Fungicide)	19
	520			Methyl Parathion Technical	14
	524			Phorate Granule	14
	525			Phorate Technical	14
	526			Phosalone Technical	14
	527			Phosphamidon Technical	9
	528			Sodium Salt of 2,4 Dichloro Phenoxy Acetic Acid – (2,4 Di Sodium Salt)	16
	530			Triazophos Technical	14
	842			Acephate Technical	14
	844			Dimethoate	8
	846			Endosulfan	12
	847			Fenvalerate	14
	848			Phosphamidon technical	9
	849			Quinalphos formulations	6
	875			Quinalphos Technical	6
	882			Carbendazim	14
	The description of export product as given in Appendix 28A at S.No. 47(a) of product group ‘textile’ shall be amended to read as under: Fabric/ sarees made out of one or more manmade filament yarn with or without metallised yarn. The description of export product as given in Appendix 28A at S.No. 267 of product group ‘Engineering’ is amended to read as ‘Rear/Front engine autorikshaw in CKD/SKD/CBU condition’. The description of export product as given in Appendix 28A at S.No. 57 under the product group ‘ textile’ shall be amended to read as under: 57(a) `Polyester-Woollen yarn (Polyester content not less than 55% by weight). (b) `Polyester-Woollen blended yarn (Polyester content less than 55% by weight). The following amendment shall be made in paragraph 5 and 6 of Appendix 16B of Handbook of Procedures (Vol.1) (RE-98) 1997-2002:-
		“5.	The unit shall also be subject to the conditions stipulated and required for availing exemption from duty of Customs and Excise under the relevant Customs & Excise Notifications and any Customs Duties/Excise Duties and interest payable/leviable to Government for failure to fulfill such conditions shall also, without prejudice to any other mode of recovery be recoverable in accordance with the provisions of Section 142 of the Customs Act 1962/Section 11 of the Central Excise and Salt Act 1944 and rules made thereunder and/or from any payment due to the Unit from the Government.
		6	In the event of the unit failing to achieve the stipulated Net Foreign Exchange earnings as a percentage of exports and to fulfill the export obligation undertaken by it as aforesaid except when the fulfillment of such obligation is prevented or delayed because of any law, order, proclamation, regulation or ordinance of the Government, the Government shall be free to issue any directions to the unit regarding the manner of disposal of the export goods and the unit shall be bound to comply with the same. This will be without prejudice to any other action which may be taken against the unit under the provisions of the of Foreign Trade (Development and Regulation) Act, 1992″.
		The heading of Appendix 32B shall be amended to read as `List of IS/ISO 9000 (series) Certification agencies/WHOGMP certification Agencies/HACCP Certification agency’. Corrigendum to Public Notice No. 15(RE-98)/1997-2002 dated 8.6.98: S.No. 15 may be added before the name ‘TUV Bayren (India), 312, Neelkhant Commercial Centre, Sahar Road, Sahar, Mumbai- 400099″ Attention is invited to Appendix 52 of Handbook of Procedures regarding submission of information for fixation of DEPB rates. It has been decided that all applications for fixation of DEPB rates shall henceforth be routed through the concerned Export Promotion Council which shall verify the FOB value of exports as well as the international price of inputs covered under Standard Input Output Norms. Such application shall be considered only for export products which have an export of Rs. 20 crores or more. This issues in public interest. (N.L.Lakhanpal) Director General of Foreign Trade Copy to all concerned, By orders etc. (Ajay Sahai) Dy.Director General of Foreign Trade (F.No. PRU/AS/98-99/ DEPB )

Sponsored

Public Notice No. 22 (RE-98)/1997-2002: Amendments to Export & Import Procedures

Tags:

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Latest Posts

Adjustment of disallowance of deduction u/s. 80P(2)(d) is not permissible adjustment u/s. 143(1)

Discontinuation of workmen’s service illegal as section 6E and 6N not complied: Supreme Court

It is unfair to confirm penalty u/s. 271B before finalization of quantum assessment: ITAT Agra

New Income Tax Bill 2025: Streamlining India’s Tax System for Modern Times

Flat Taxes in India: Oversimplification or need of the hour?

Input Credit Reversal Under Section 16(2) of GST – Key Rules

FIIs sell-off in the Indian Market in the year 2024 and their impact!

Communication modules are classifiable under CTI 8517 70 90: CESTAT Delhi

Govt released Income-Tax Bill, 2025 (Download)

Provision of section 68 or 69A not invocable as cash deposit during demonetization duly explained

Featured Posts

Govt released Income-Tax Bill, 2025 (Download)

Nil Tax Up To Rs. 12 Lakhs Income (FY 2025-26); Tax Computation With Illustrations & FAQs

Compounding of Income Tax Offences for belated Return filings: SC Ruling

Section 269SS Not Applicable to Broker Acting as Agent or Facilitator of Payment

Service Tax Cannot Be Levied Solely Based on ITR Data: Bombay HC

GST Provisions for E-Commerce: Key Regulations, Compliance Requirements & Challenges

Entry Tax: Hauntings of the Past

Procedure for Appeals on Interest or Penalty Under GST

11 Amendments Proposed in the Finance Bill 2025 Related to GST

Conveyance & Deemed Conveyance in Housing Societies

Popular Posts

Statutory and Tax Compliance Calendar for February 2025

Empanelment for Concurrent Audit with Union Bank of India

Corporate Tax Rate Applicable for AY 2021-22, 2022-23, 2023-24, 2024-25 & 2025-26

February 2025 Tax Compliance Deadlines for Income Tax and GST

Budget 2025: No Income Tax Upto ₹12 Lakhs Explained

GST Rate Changes for Hotels and Restaurant Services wef 01.04.2025

GST HSN Code Reporting Updates from January 2025

Bank Branch Auditors’ Draft Panel of CAs/firms for 2024-25

Auto Income Tax Calculator for FY 2025-26

Online Empanelment for Concurrent Audit of Central Bank of India