TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY
PART-II, SECTION-3, SUB SECTION (ii)
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE
NOTIFICATION NO. 27 (RE-98) 1997-2002
NEW DELHI: the 16th September, 99
In exercise of powers conferred by section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002 (incorporating amendment made upto 31.3.99), the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002: (incorporating amendment made upto 31.3.99).
1. The following shall be added as paragraph 9.9(e):
“EOU/EPZ/EHTP/STP units may be permitted to sell finished products which are either freely importable under the Policy, or against other import licences, in the DTA, over and above the levels permissible under sub-paragraph (b) above, against payment of full duties, on annual basis, provided they have achieved the stipulated NFEP and export performance”
2. Paragraph 9.10 may be amended to read as follows:
The following supplies in DTA shall be counted towards fulfilment of export performance and NFEP:
3. Paragraph 9.10(f) may be added after paragraph 9.10(e) to read as under :
Supply of goods to Defence and internal security forces provided they are entitled for duty free imports of such items in terms of general exemption notification issued by Ministry of Finance.
4. Paragraph 9.17(c) shall be amended to read as under:
Export of finished goods direct from the job worker’s premises may be permitted provided the job worker’s premises is registered with the Central Excise Department. However, export of such products from the job worker’s premises shall not be allowed through third parties as provided under paragraph 9.11 of the Policy.
5. The following shall be added as paragraph 9.17(e) after paragraph 9.17(d).
The scrap/wastes/remnants generated at the job worker’s premises may be either cleared from the job worker’s premises on payment of duty or return to the supplying unit.
6. In Appendix-1, the item floriculture appearing in product group at III(i) stands deleted and the item III(ii) may be modified as Bio technology and floriculture.
7. Paragraph 10.2(h) of the Exim Policy shall be amended to read as under:
Supply of marine freight containers by 100% EOU (domestic freight containers-manufacturers) provided the said containers are exported out of India within 6 months or such further period as permitted by the Customs.”
8. Paragraph 4.23 may be amended to read as :
“All Export House, Trading House, Star Trading House and Super Star Trading House, Service Export House, International Service Export House, International Star Service Export House, International Super Star Service Export House, manufacturer exporter exporting more than 50% of their production, subject to a minimum export of Rs.1 crore, and service providers rendering services in free foreign exchange for more than 50% of their services turnover subject to a minimum value of Rs.35 lakhs in free foreign exchange in the preceding year, shall be issued a green card by DGFT. This card will entitle the holder to such facilities as may be specified from time to time”
This issues in public interest.
Director General of Foreign Trade and ex-officio
Additional secretary to the Government of India
Copy to all concerned:
Dy.Director General of Foreign Trade