TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRA ORIDINARY

(PART – I SECTION-I)

GOVERNMENT OF INDIA

MINISTRY OF COMMERCE & INDUSTRY

DEPT. OF COMMERCE

DIRECTORATE GENERAL OF FOREIGN TRADE

PUBLIC NOTICE NO. 103 (RE-2008)/2004-2009

NEW DELHI, DATED THE 7th November, 2008

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I RE2008.

1. In Table 14 of Appendix 37A of the HBP v1, the following is added after Sr. No. 2:

Table 14. – New VKGUY products

 

Note: The products included in this Table shall be entitled for duty credit scrip on exports made w.e.f1.4.2008.

Sr.No VKGUY

Product Code

ITC HS Code Description Date of export from which benefits will be admissible
3 14.3 1005 MAIZE (CORN) COVERED BY ITC HS CODE 1005. 1.4.2008

1. It is clarified that exports made during the ban period under the transitional arrangements in terms of Para 1.5 of FTP may not be allowed the benefits of VKGUY Scheme, in view of Para 3.8.2.2 (d) of FTP. In this regard, attention is also invited to Para 4 of Policy Circular No 26 (RE2007) / 2004-09 dated 9.1.2008. Further it is also clarified that Date of Export is determined under Para 9.12 of HBPv1 and accordingly for exports made under Para 9.12, VKGUY would be entitled.

This issues in Public interest.

Sd/-

(R.S. Gujral)

Director General of Foreign Trade and

Ex-Officio Additional Secretary to the Government of India

(Issued from F.No.01/91/180/1376/AM09/PC3)

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