Stay informed about the latest DGFT notifications from the Directorate General of Foreign Trade. Get updates on trade policies, tariff amendments, export-import controls, and incentive schemes. Stay ahead in international trade with timely information on DGFT notifications.
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Attention is invited to Paras 7.8, 7.9 and 7.10 of Handbook of Procedures, Vol.1, 1997-2002, published under the Ministry of Commerce Public Notiice No.1/1997-2002 dated 31.3.1997 and Handbook of Procedure, Vol.2, 1997-2002 published under the Ministry of Commerce Public Notice No.2/1997-2002 dated 31.3.1997.
In exercise of the powers conferred by section 5 of the Foreign Trade ( Development & Regulation) Act 1992 (No.22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the Export and Import Policy, 1997-2002.
Attention is invited to Paras 7.8, 7.9 and 7.10 of Handbook of Procedures, Vol.1, 1997-2002, published under the Ministry of Commerce Public Notiice No.1/1997-2002 dated 31.3.1997 and Handbook of Procedure, Vol.2, 1997-2002 published under the Ministry of Commerce Public Notice No.2/1997-2002 dated 31.3.1997.
Export of Schedule 3 Chemicals, as specified above, to States not party to the Chemical Weapons Convention shall continue to be restricted against export licences in terms of entry appearing at S.No. 28 of Paragraph 16.2 of the Negative List of Exports.
Representation have been received as to whether Seafood and Aquaculture processed food shall be covered within the definition of food processing. The matter was referred to Ministry of Food processing which clarified that seafood and aquaculture processed food shall be covered within the definition of food processing.
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 credit rates under DEPB scheme in respect of items as given in the Annexure A to this Public Notice. The rates notified under Annexure A shall cover the shipments made from 1.4.97 to 14.4.98. The rates notified in Annexure B to this Public Notice will form part of Appendix 28A and shall cover the exports made from 15.4.98. The corrigendum to the Public Notice No. 4 (RE-98)/1997-2002.
Attention is invited to Paragraph 6.11 and 6.12 of the current Handbook of Procedures,Ist April, 1997- 31st March, 2002 (revised edition announced on 13.4.1998), which laid down the time schedule for fulfilment of EO under 10% EPCG Scheme and Zero Duty EPCG Scheme. The said time schedule is applicable to the EPCG licences issued on or after 5th June, 1995.
All edible oils which are presently freely importable under various Exim code headings shall be freely importable subject to the condition that the importer shall have to intimate within 15 (FIFTEEN) days from the date of import indicating the following information to the Directorate of Vanaspati, Vegetable Oils and Fats.
In case of export of gold/silver/platinum jewellery and articles thereof, the application shall be made to the licensing authority concerned as given in Appendix 27 and the quantity, wastage and value addition norms shall be as given in Chapter 8 of the Policy and Chapter 8 of the Handbook of Procedures.
Attention is invited to paragraph 7.25 of the Exim Policy (RE-98) 1997-2002 which only allows DEPB credit for exports made in freely convertible currency. Clarifications have been sought as to whether exports made under counter trade agreement and export proceeds realised through ‘Escrow Account’ in US$ shall be entitled for DEPB benefits or not. The matter has been taken with the RBI which inturn has clarified that export made to Russian Federation against non-repatriable US dollars shall not be covered under the category of freely convertible currency and thus shall not be entitled for DEPB benefit. Accordingly, exports made under counter trade. agreement and export proceeds realised through ‘Escrow account’ in US$ is not entitled for DEPB benefit.
