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The provisions mentioned in paragraph 3.8.3 of HBP v1 relating to procedure for Incremental Exports Incentivisation Scheme, will also be applicable to claims filed under paragraph 3.14.5 of FTP i.e. for the year 2013-14. The applications in this case can be filed after 1st April, 2014. Last date for filing application will be as per para 3.11.9 of HBP v1 and late cut provisions of para 9.3 of HBP v1 2009-14 will be applicable.
(i) Benefit of Incremental Export Incentivisation Scheme for the last quarter of 2012-13 will be limited to 25% growth or Incremental growth of Rs. 10 crores in value, whichever is less. (ii) Claims in excess of this value will be subjected to greater scrutiny by Regional Authority.
In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in the Foreign Trade Policy (FTP) 2009-14 with immediate effec.
In pursuance of Rule 3(1) of Safeguard Measures (Quantitative Restrictions) Rules, 2012, the Central Government, hereby designates Shri Jaikant Singh, Additional Director General of Foreign Trade as Authorised Officer for the purpose of the said Rule.
Notification No: 43/2013 – Income Tax The following categories are added after serial no (x) in the list appended in paragraph 3.14.3 of Foreign Trade Policy bearing the Heading Ineligible Exports Categories / Sectors for FMS:
A typological error has been corrected in Sl. No. 22 of Para 2(iii) of Public Notice No. 30(RE-2012)/2009-2014 dated 16.11.2012 which is to be read as “Three Wheelers/Cars below 1000 CC”, in place of “Three Wheelers/Cars below 100 CC.
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-2014, the Director General of Foreign Trade hereby makes the following amendment in Appendix-5 (List of Inspection and Certification Agencies) of Handbook of Procedures Vol. I (Appendices and Aayaat Niryaat Forms) 2009-2014.
Issue of import authorisation by RAs of DGFT would commence from 20th September 2013 & end on 25th September 2013. In case any applicant/firm is found to have submitted false or erroneous information or have made any mis-declaration / misrepresentation, such applicant / firm, (a) shall forfeit the allocation made in this Trade Notice, (b) shall be debarred from allocation of Rough Marble and Travertine Blocks in future and (c) shall be liable for penal action under the provisions of Foreign Trade (D&R) Act, 1992, as amended.
Export of all varieties of onions as described above will be subject to a Minimum Export Price (MEP) of USD 900 per MT.
It has been brought to the notice of this Directorate that some importers/exporters are effecting imports/exports by using IECs issued to others which is a complete violation of provisions of Foreign Trade Policy.