The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, Government of India, has issued Public Notice No. 51/2023, dated 14th March 2024. This notice highlights significant amendments made in Para 4.14 and 4.06 of the Handbook of Procedures 2023, aimed at streamlining trade procedures and enhancing ease of doing business.
Detailed Analysis
1. Amendments in Para 4.14
- Addition of sub-para (iii) under Para 4.14 of IIBP 2023.
- Allows decision-making on ad-hoc Input Output Norms in a rule-based IT environment without reference to the Norms Committee.
- Certain cases flagged by the Risk Management System (RMS) may be referred to the Norms Committee for validation/review.
2. Amendments in Para 4.06
- Introduction of sub-para 4.06(vii) under HBP 2023.
- Empowers the Norms Committee to recommend the Notification of Standard Input-Output Norms (SION) on a case-to-case basis for cases where ad-hoc norms have been established.
3. Effects of the Public Notice
- The amendments aim to streamline and automate the process of fixing norms and notifying new SIONs under the Advance Authorisation Scheme.
- Intended to facilitate trade and enhance ease of doing business by providing clarity and efficiency in trade procedures.
Conclusion: The issuance of Public Notice No. 51/2023 by the DGFT signifies the commitment of the Government of India towards enhancing trade facilitation and ease of doing business. The amendments in Para 4.14 and 4.06 of the Handbook of Procedures 2023 aim to simplify processes and provide greater clarity to stakeholders involved in foreign trade. These changes underscore the government’s continuous efforts to promote a conducive environment for trade and investment in India. Stay informed and compliant with the latest updates from the DGFT to leverage opportunities and navigate the dynamic landscape of international trade effectively.
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Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya l3hawan, New Delhi
Public Notice No. 51/2023 – DGFT | Dated: 14th March, 2024
Subject: Amendments in Para 4.14 and 4.06 of the Handbook of Procedures 2023.
F. No. 01/94/180/084/AM24/PC-4.— In exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade Policy 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following amendments in the provisions of Para 4.14 and 4.06 of the Handbook of Procedures 2023:
(A) Under Para 4.14 of IIBP 2023, new sub-para (iii) is added as mentioned below:
(iii) Ad-hoc Input Output Norms may also be decided in a rule based IT environment without reference to Norms Committee. However, a certain percentage of cases as flagged by the RMS may be referred to Norms Committee for validation / review.
(B) A new sub para 4.06 (vii) of HBP 2023 is inserted as below:
4.06(vii) In cases where ad-hoc norms have already been arrived at by Norms Committee, the Norms Committee may recommend Notification of SION on a case to case basis.
Effects of this Public Notice: Para 4.06 and Para 4.14 of the Handbook of Procedures 2023 have been amended to streamline and automate the process of fixation of Norms and Notification of new SIONs under Advance Authorisation Scheme, for ease of doing business and trade facilitation.
(Santosh Kumar Sarangi)
Director General of Foreign Trade &
Ex-officio Addl. Secretary to Govt. of India
Email: dgftAnic.in
(Issued from File No. 01/94/180/084/AM24/PC-4)
