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Subject to compliance with the provisions of any other law for the time being in force, imports may also be made without a licence by the categories of importers specified below, provided the imports do not involve foreign exchange remittances.
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 powers conferred by section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.1 of the Export and Import Policy, 1997-2002, the Central Government hereby amends and notifies the Export and Import Policy, 1997-2002.
All the above categories shall be entitled to import only one vehicle except categories (e) and (f), which shall be entitled to import maximum of three vehicles. Persons in category (d) shall be entitled to import only specially designed vehicles suitable for use by handicapped. All such imports shall carry a “NO SALE” condition of two years which shall be endorsed by the Customs authorities on the passport/ registration documents at the time of import and by the Regional Transport Authorities when such vehicles are presented for registration in India.
In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy 1997-2002, as notified in the Gazette of India Extraordinary, Part II – Section 3 – Sub-section (ii) vide S.O. No.283 (E) Dated 31.3.97, the Director General of Foreign Trade hereby notifies the Handbook of Procedures (Vol.2) (Revised Edition-March 2000) as contained In Annexure to this Public Notice. This shall come into force from 1st April 2000.
In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II- Section 3 – Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby notifies the Handbook of Procedures (Vol.1) (Revised Edition-March,2000) as contained in Annexure to this Public Notice. This shall come into force from 1st April, 2000.
Attention is invited to Paragraph 7.8 of the Export and Import Policy 1997-2002, as amended and Paragraph 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.
The Directorate General of Foreign Trade has been receiving representations from various quarters seeking clarifications as regards the Classification of certain specific items under the ITC(HS) Classifications of Exports and Imports Items, 1997-2002. Such requests made in terms of para 4.13 of the policy for issue of appropriate clarifications etc. have been examined and based on the decision(s) arrived at by the committee set up for this purpose, the applicant have been suitably advised about the appropriate classification of such items under the ITC(HS) Exim Code.
The Indian Sugar and General Industry Export Import Corporation Ltd., ( ISGIEIC) shall be sole agency authorized to export sugar/raw sugar to EEC and USA against the preferential Ceiling as indicated above. The export of above quantity of sugar / raw sugar to EEC and USA under the preferential arrangements as indicated above shall also be subject to prescribed pre-shipment certificate by Export Inspection Council.
Various representations have been received from the exporters highlighting the difficulties faced by them in achieving intrinsic value addition as per clarification given under the aforesaid circular when they have already imported the goods from General Currency Area.