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In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following corrections / amendments in HBPv1 (including Appendices and ANFs).
Export of Basmati rice, as above shall be subject to the additional condition that foreign commission upto 12.5% is to be allowed for computation of MEP and any discount /commission in excess of 12.5% will not be allowed for calculation of MEP (and FOB price will have to be higher to that extent).
In exercise of powers conferred under paragraph 2.4 of Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures Vol I.
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 amendments in Appendix 2 (List of Export Promotion Councils/ Commodity Board) of the Handbook of Procedures.
Your attention is invited to Policy Circular No. 2/2009-2014, dated 27.08.2009 on the subject mentioned above issued by this office. In this regard, it is stated that the expression sports weapons wherever occuring in the Policy Circular referred to above may be read as sports weapons and ammunitions for sports weapons.
The above ban, however, shall not be applicable to relaxations / exemptions granted vide Notification No.33 (RE-2008)/2004-09 dated 19th August, 2008, and Notification No.60 (RE-2008)/2004-09 dated 20.11.2008, respectively.
Attention is invited to the ITC (HS) Classification of Export & Import Items (Updated upto 31.07.09). It is hereby informed that provisions at S.No. 20(a), 20(b), 21(a) and 21(b) in the Chapter 2 under heading Meat and Edible Meat Offal” stands substituted to read as under.
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following corrections / amendments in HBPv1 (including Appendices and ANFs).
However, it is clarified that in case the importer wants to use a specific permission/license for import of a restricted item as well as pay the duty using Duty Credit Scrip, then Duty Credit Scrip shall be allowed to be used only if the item is also importable under the respective paras of Duty Credit Scrip (reference FTP Paras 3.12.6, 3.13.4, 3.16.4, and 3.17.5).
In exercise of powers conferred under Para 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol.1), 2009-14.
