Introduction: The Ministry of Commerce & Industry, Department of Commerce, Directorate General of Foreign Trade has issued Public Notice No. 93(RE-2008)/2004-2009. This notice introduces amendments in the Handbook of Procedures, Vol. I RE2008. It empowers the Director General of Foreign Trade to make these changes under Paragraph 2.4 of the Foreign Trade Policy 2004-09. The amendments include the addition of Table 14 for new VKGUY products, which are eligible for duty credit scrip on exports made from April 1, 2008.
Amendments in Handbook of Procedures, Vol. I: Table 14 is added after Table 13 of Appendix 37A of the Handbook of Procedures, Vol. I RE2008. It lists the new VKGUY products along with their respective product codes and ITC HS codes. These products will be entitled to duty credit scrip benefits on exports made from April 1, 2008. The first product listed in Table 14 is barley, assigned with VKGUY Product Code 14.1 and ITC HS Code 1003.
Conclusion: Public Notice No. 93(RE-2008)/2004-2009 brings significant amendments to the Handbook of Procedures, Vol. I. The notice introduces Table 14, which enlists new VKGUY products eligible for duty credit scrip benefits on exports made from April 1, 2008. This initiative aims to facilitate trade and encourage exports in line with the Foreign Trade Policy 2004-09. Traders and exporters are advised to refer to the amended Handbook of Procedures for a comprehensive understanding of the eligible VKGUY products and the corresponding benefits.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPT. OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
PUBLIC NOTICE NO. 93(RE-2008)/2004-2009
NEW DELHI, DATED THE 21st October, 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. After Table 13 of Appendix 37A of the HBP v1, the following Table is added:
| 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. |
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| Sl. No | VKGUY
Product Code |
ITC HS Code | Description | Date of export from which benefits will be admissible |
| 1 | 14.1 | 1003 | BARLEY | 1.4.2008 |
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.01/91/180/1036/AM09/PC3)
