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Attention is invited to Paragraph 4.11 of the Export and Import Policy 1997-2002, as amended and Paragraphs 7.8 and 7.10 of the Handbook of Procedures, Vol.1, 1997-2002, as amended and also to the Handbook of Procedures, Vol.2, 1997-2002, as amended from time to time.
In exercise of the powers conferred under Paragraph 4.11 of the Export & Import Policy, 1997-2002, (incorporating amendments made upto 31st March, 2001) and as amended from time to time, the following amendment may be made in the Public Notice No. 48 ( RE-2000)/1997-2002 dated 15.12.2000 , Public Notice No. 61( RE-2000)/1997-2002 dated 13.3.2001, Public Notice No.64(RE-2000)/1997-2002 dated 16.3.2001 and Public Notice No. 9 ( RE-2001)/1997-2002 dated 27.4.2001.
In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy 1997-2202, the Director General of Foreign Trade hereby announces extension of All Industry rate of drawback of Rs.780/- per M.T. for furnace oil supplied by domestic oil companies to EOU/EPZs under deemed export scheme as notified under Notification No.19 dated 5.6.2000, beyond 31.5.2001 until further orders.
The Exim Policy (as amended upto 31.03.2001) has permitted imports of free of cost material under the Advance Licence Scheme as envisaged in para 7.4 A of the Handbook of Procedures (Vol 1). However certain doubts were raised regarding computation of value addition in case of free of cost material. The matter was deliberated upon in the Policy Review Committee and it has been decided that for arriving at the value addition.
In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items, 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namely.
In exercise of the powers conferred under Pargraph 4.11 of the Export and Import Policy, 1997-2002, (incorporating amendments made upto 31.03.2001) the Director General of Foreign Trade hereby makes the following amendments in the ITC(HS) Classification of Export and Import items (incorporating amendments made upto 31st August,1998) and as amended from time to time.
In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items, 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namely.
All past approvals granted by the Inter Ministerial Committee have lapsed on 31.3.2001; renewal of the same shall be considered by the Committee in the light of these guidelines, upon fresh application. If upon consideration, the same is approved for renewal, the renewal shall be effective from 1.4.2001 in these cases.
All import consignments carrying a preshipment inspection certificate from a textile testing laboratory accredited to the National Accredition Agency of the country of origin, certifying that the import consignment does not contain any of the hazardous dyes as per aforementioned paragraph 11 shall be allowed to be cleared.
NOTIFICATION NO. 11 (RE-2001) 1997-2002 Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items, 1997-2002 published on 31st March, 1997 (RE-98) as amended from time to time, namely.