This Public Notice corrects the Appendix 37D entries for FTP (RE2006) and FTP (RE2007). Thus Focus Product Scheme benefits shall be available for exports on above products from 1.4.2006 onwards including exports during current year.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendment in Handbook of Procedures.
Application for obtaining credit shall be filed within a period of twelve months from the date of exports or the date of up linking of EDI shipping bill details in the DGFT website or within six months from the date of realisation or within three months from the date of printing / release of shipping bill, whichever is later, in respect of shipments for which claim has been filed.
Renowned Shooters for 3 consecutive years are allowed to sell their imported weapons after 3 years from date of import of the respective weapon. Other “Renowned Shooters” are allowed to sell their weapons after 5 years from date of import. The sale shall be subject to approval from DGFT.
Where export obligation of any particular block of years is not fulfilled in terms of the above proportions, except in such cases where the export obligation prescribed for a particular block of year is extended by the competent authority, such Authorisation holder shall, within 3 months from the expiry of the block of years, pay duties of customs (alongwith applicable interest as notified by DoR) of an amount equal to that proportion of the duty leviable on the goods which bears the same proportion as the unfulfilled portion of the export obligation bears to the total export obligation.
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.
It is further clarified that in SIONs where import of relevant fabric is permitted in terms of square meters per unit of an export product, the import of relevant fabric be limited to (10% + Actual utilization in Square Meters) or quantity permitted in SION, whichever is lower.
In the statement of Standard Input Output Norms (SION) as contained in the Handbook of Procedures (Vol.2), 2004-2009, as amended from time to time, the following deletion at appropriate place is made.
In exercise of powers conferred under Paragraph 2.4 of the of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following addition in the list of Export Promotion Councils/ Commodity Board given under Appendix-2 of the Hand Book of Procedure.
In respect of multi product exporters having their head office/registered office in the North Eastern States, RCMC may be obtained from FIEO office in Shillong.
