Follow Us :

Government of India

Ministry of Commerce & Industry

Department of Commerce

Directorate General of Foreign Trade

Udyog Bhawan, New Delhi

Dated 08. 06. 2015

Trade Notice No. 04/2015

To

1. All IEC Holders

2. All EPCs

3. All Chambers of Trade and Industries

4. Federation of Indian Export Organisations

5. All RA’s of DGFT

Subject: Preferential Treatment for Status Holders.

The Para 3.24 of the new Foreign Trade Policy 2015-20 provides for certain privileges and preferential treatment for the Status Holders. As per sub para (g) of Para 3.24 of FTP, status holders would be entitled to preferential treatment and priority in handling of their consignments by the concerned agencies.

 

2. While Para 9.10 of Handbook of Procedure 2015-20 provides for time bound disposal of various applications under FTP, in pursuance to the policy at Para 3.24(g) as above, RAs of DGFT should endeavour to extend preferential treatment to the Status Holders in disposal of their applications. Accordingly, the following shortened time lines are laid down for issue of advance authorisation and its subsequent amendments to the status holders:

 S. No. Category of Status Holders Nature of Application (received through electronic mode) Timeline for disposal (in working days)
1 5 Star and 4 Star Status Holders 1. Advance Authorisation (where input norms are notified )

2. Revalidation of Advance Authorisation

3. Invalidation of Advance Authorisation

1 day
2 3 Star, 2 Star and 1 Star Status Holders 1. Advance Authorisation (where input norms are notified )

2. Revalidation of Advance Authorisation

3. Invalidation of Advance Authorisation

2 days

3. The Regional Authorities are accordingly advised to ensure that the above timelines are followed scrupulously while processing applications from the Status Holders.

(S.P. Roy)

Joint Director General of Foreign Trade

Email: shyama.roy@nic.in

F.No.-01/93/180/12/AM-16/PC-2(B) pt.2

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

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031