Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Public Notice No. 21/2015-2020
New Delhi: Dated 6th July, 2016
In exercise of the powers conferred under paragraph 1.03 of the Foreign Trade Policy 2015-2020 and paragraph 1.01 of Handbook of Procedure (Vol I.), the following amendments are made in the Handbook of Procedures Vol.II.
2. The existing entry in SION A-1875 of the Product Group `Chemical and Allied Products’ is amended as under:
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|A-1875||Upgraded Beneficiated Ilmenite (Synthetic Rutile) containing Titanium Dioxide of 90-96% concentration (Specific % concentration to be mentioned)||1 Kg.||1||Furnace Oil||1.068 kg.|
|2||Ilmenite Ore containing Titanium Dioxide of 49%-57% concentration (Specific% concentration to be mentioned||To be calculated as per the guidelines mentioned in the following note|
I-Specific percentage of Titanium dioxide in export product to be mentioned in export documents.
II- Specific percentage of Titanium dioxide in import item 2 to be mentioned in import documentation.
III- For the purpose of entitlement of imported raw material, the percentage concentration of export item as well as concentration of import item 2 should be taken. For this the entitlement should be worked out considering 13.6% wastage on the actual net content of Titanium dioxide both in the export product and import product.
Eg:- If the export product contains 90% Titanium dioxide [weighted average of all shipments and import item i.e. Ilmenite ore contains 50% Titanium dioxide [weighted average of all bill of entries], entitlement may be worked out based on following formula:
Entitlement of import product per kg of export product = 90% * 1.136/50% = 2.045 kgs
3. Effect of this amendment:
The standard Input Output Norms (SION) for export product under S No. A 1875 has been reviewed. There is change in the description of the Export and Import items.
Director General of Foreign Trade
(Issued from File No. 01/83/71/18/AM-15/DES-IV)