(To be Published in the Gazette of India Extraordinary Part-I, Section -I)
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
PUBLIC NOTICE No. 40/2015-2020
New Delhi, Dated The 13th November, 2017
Subject: Amendment in Para 5.03(a) of the Handbook of Procedure (HAP) of Foreign Trade Policy 2015-20 and addition of new Para C in Appendix 5A of Appendices and Aayat Niryat Forms of FTP 2015-20.
S.O.(E). In exercise of powers conferred under Paragraph 103 of the Foreign Trade Policy 2015-20, the Director General of Foreign Trade amends sub Pan 5.03(a) of the Handbook of Procedure of Foreign Trade Policy 2015-20 and adds Para C to Appendix 5A of the Aayat Niryat Forms of FTP 2015-20 with immediate effect. (Changes made are in bold letters)
2. The amended sub Para 5.03(a) of Handbook of Procedure of Foreign Trade Policy 201520 shall read as under.
Para 5.03 (a) RA concerned shall, on the basis of nexus certificate from an Independent Chartered Engineer (CEC) submitted by the applicant in Appendix 5A, Issue EPCG authorization. Reasonable wastage, if any anticipated at the time of installation of capital goods will also be certified by the Chartered Engineer in the nexus certificate and the same would be mentioned in the condition sheet of the EPCG authorization at the rime of issue. For issuance of such certificate, the Chartered Engineer shall act only in the domain of his/her competence.
3. A new Para C is added after Para B of Appendix 5A of the Aayat Niryat Forms of FTP 2015-20 as under.
C. I have necessary competence in the relevant domain/field to issue this Certificate.
4. Effect of this Public Notice: A Chartered Engineer shall act only in the domain of his/her competence for issuance of nexus certification under EPCG Scheme.
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
[Issued from File No. 18/03/AM-18/P-5]
Do you think CBDT should extend Tax Audit Report and relevant ITR Due Date? Please Comment, Vote, Retweet and Like.— Tax Guru (@taxguru_in) September 18, 2018