State Trading Corporation, New Delhi, has been inserted as Nominated Agency. Export Obligation Period for Specified Inputs with Pre-import Condition is incorporated.
It operationalises the arrangements under the addendum dated 15.5.2012 added to the Memorandum of Understanding (MOU) dated 23/10/2010 between India and Bangladesh through Border Haats at (i) Srinagar, Tripura – between Purbo Madhyagram (India) and Chhoighoria (Bangladesh); and (ii) between Kamalasagar, Tripura (India) and Tarapur Kasba (Bangladesh).
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2015-2020 and Paragraph 1.1 of Handbook of Procedures (Vol.1), the Director General of Foreign Trade hereby notifies a new SION with serial number J-377 in Textile Product Group for export product ‘Dipped Belting Fabrics (EP) Conveyor Duck/Synthetic Fabrics of Nylon 6/66 & Polyester 840 Denier and above’.
The Appendix–2X is being introduced in the Appendix and Ayat Niryat Forms of FTP 2015 -20 listing the countries where from import of Textiles and Textile Articles is exempted from testing of samples for presence of Azo Dyes.
An enabling provision has been incorporated in paragraph (7) of Appendix 6-B of Appendices and Aayat Niryat Forms of FTP 2015-20 so as to enable the Board of Approval to consider and decide the cases for extension of Letter of Permission of existing EOUs.
Importer Exporter Code(IEC) holders having units in SEZs /EOUs shall apply to the concerned Development Commissioner of Special Economic Zones (SEZs) given in appendix 1A for availing benefit under Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) provided in FTP 2015-2020.
Due to some technical reasons, the MEIS/ SEIS licence cannot be registered in the EDI system (ICES 1.5v). Until the EDI module of the MEIS/SEIS scheme is operationalised, following procedure is prescribed for the Manual Registration of Duty Credit Scrips issued under Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS):
Facility has been provided for exporters to continue to file applications for benefits under Chapter 3 schemes of the earlier Foreign Trade Policy (ies), as per procedures prescribed in the corresponding HBPs.
In the cases where the importer and the supplier are related in terms of the Rule 2(2) of Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, the SVB of the jurisdictional Custom House issues Circular mandating the importer to pay the Extra Duty Deposit (EDD) of either 1% or 5% as per Para 9 of the Board’s Circular 11/2001-Cus. dt. 23.02.2001.
Public Notice No. 28/2015-2020 In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy 2015-2020 and in partial modification of public notice No 27 dated July 14, 2015, the Director General of Foreign Trade hereby makes the following amendments in Table 2 of Appendix 3B notified through Public Notice No.2 dated April 1,2015. This will be effective from July 14, 2015.
