The Government of India issued Public Notice No. 24 (RE-2006)/2004-2009 on 20th June 2006, which introduced amendments to the Handbook of Procedures (Vol. I) under the Foreign Trade Policy 2004-2009. The changes involve revisions to Paragraph 2.12 and 2.13. Firstly, in Para 2.12, the term “/export” is added after the word “import,” and a new sub-para (vi) is introduced, stating that the validity of an export licence or authorisation will be 12 months unless specified otherwise. Secondly, the last sentence of Para 2.12.4, which stated the original validity of export licences for restricted items as 12 months, was deleted. Lastly, Para 2.13 now allows for the revalidation of export licences by the Regional Authority for six months at a time, up to a maximum of 12 months from the original expiry date, with the recommendation of DGFT. These amendments aim to clarify the validity and revalidation process for export licences. The notice was issued in public interest by K.T. Chacko, Director General of Foreign Trade.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
PUBLIC NOTICE NO. 24(RE-2006) /2004-2009
NEW DELHI, DATED THE 20TH JUNE, 2006
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures Vol. I:
I. Para 2.12
(a) After the word “import” in the first sentence the words “/export” may be
added…..
(b) After sub-para (v) the following may be added:
“(vi) Export Licence / Authorisation — 12 months unless otherwise specified
in the licence.”
II. Para 2.12.4
The last sentence “The original validity of export licence for restricted items
shall be 12 months from the date of issuance unless otherwise specified.” shall
be deleted.
III. Para 2.13.
At the end of Para 2.13 the following may be added:
“However, Export Licence may be revalidated by the Regional
Authority concerned on the recommendation of DGFT for a period of
six months at a time but not beyond a period of 12 months reckoned
from the date of expiry of the validity period.”
2. This issues in Public interest.
( K.T. CHACKO )
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India
(Issued from F.No. 01/91/180/894/AM04/PC-III)
By order etc.
Copy to all concerned :
(S.K. SHRIVASTAVA)
DEPUTY DIRECTOR GENRAL OF FOREIGN TRADE
(Issued from F. No. 01/91/180/894/AM04/PC-III)
