For the advance authorization (erstwhile licences), where raw sugar has been imported between 21.09.04 and 15.4.08, but the export obligation is yet to be fulfilled, the export obligation period stands automatically extended upto 31.12.2009 without payment of composition fee. Against these advance Authorisations/licences, no further E.O. extension shall be allowed beyond 31.12.2009.
This refers to HS Code No. 1701 00 00 in the Schedule-2 of ITC(HS) Classification of Export and Import Items, 2004-09 under which M/s Indian Sugar Exim Corporation Limited, New Delhi is the designated agency for export of Sugar to EU under Preferential Quota.
Request for revalidation may be submitted to the concerned Regional Authority (who have issued the DFIA) within a maximum period of 30 daysfrom the date of the issuance of this Public Notice. DFIA shall be revalidated for a period of six months from the date of endorsement of revalidation. RAs shall endorse revalidation within a period of maximum 7 working days from the date of receipt of the request.
The designated authority in Nepal (Department of Commerce) will ensure that quarterly quota would be so allocated that its export to India is evenly distributed in Indian states without adversely affecting markets in any particular state.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.
Goods, as contained in this Table, if exported as export obligation under Advance Authorisation Scheme or under Duty Free Import Authorisation Scheme, shall be eligible for this export benefit only if the value addition is at least 100%.
Consequently all marine products covered under Chapter 3, Codes 1604 & 1605 are entitled to additional 2.5% VKGUY benefits on exports made w.e.f 1.4.2008.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I RE2008.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2004-2009 and Paragraph 1.1 of the Handbook of Procedures (Vol.I), the Director General of Foreign Trade hereby makes the following additions/amendments in the Schedule of DEPB Rates (as amended from time to time) with immediate effect.
To provide relief to exporters of those sectors where total exports in that sector / product group has declined by more than 5%, average export obligation for 2008-09 may be reduced proportionate to reduction in exports of that particular sector / product group during 2008-09 as against 2007-08.
