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After the first sentence of second sub para of Para 6.7 (c), as amended vide Public Notice No. 50 dated 17th July 2008, the following shall be inserted.
In exercise of the powers conferred under Paragraphs 2.1,2.4 and 2.29 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes following amendments in Public Notice No. 159(RE-2008)/2004-09, Dated 05.03.09.
General Note No. 19: -It is further clarified that in SIONs, where import of relevant fabric is permitted in terms of square meters per unit of an export product, the import quantity of the relevant fabric is to be limited by R.A concerned to {(1.20XActual Utilization in Square Meters) +/-5%)} or quantity permitted in SION, whichever is lower. In cases where the wastage for specific designs/patterns /styles is more than 25%, the exporter may submit specific proof of such higher wastage.
Wherever required the officials of the Drug Control Department posted at the port offices shall retain a sample of the subject consignment for the purpose of reference and tracking of the manufacturer / exporter of the subject product.
It is also clarified that the applicant shall be required to file their request on plain paper, without the need for any application in any specified format, or any composition fee, to the Regional Authority concerned for extension in EOP to 36 months in all such cases. For authorisation issued from 26th February onwards, 36 months Original EOP endorsement on the Advance Authorisation shall be automatic.
The above revision would apply to the deferred payment contracts concluded under the Deferred Payment Protocols dated 30.04.1981 and 23.12.1985 between Government of India and former USSR.
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 RE2008.
In the statement of Standard Input Output Norms (SION) as contained in the Handbook of Procedures (V2), 2004-2009, as amended from time to time, addition/revision/amendments/corrections at appropriate places as mentioned in ANNEXURE “A” (Page-1) to this Public Notice are made.
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 Appendix 2 (List of Export Promotion Councils/ Commodity Board) of the Handbook of Procedures.
The export obligation period for a unit which converts from EOU / SEZ Scheme to EPCG Scheme would be the same as is available to a direct EPCG Authorization Holder i.e. 8/12 years from issue date of EPCG authorization as per Para 5.1 of Foreign Trade Policy (FTP).
