DTA sale of finished products in terms of para 6.8(a) of FTP (ii) Participation in exhibition (iii) Personal carriage of Gems & Jewellery for export promotion tours subject to fulfillment of conditions of para 6.24 of Handbook.
DGFT announces changes to RCMC application process and updates the list of Export Promotion Councils in Public Notice No. 49 /2004-09, effective from January 2005.
India updates certification list in Foreign Trade Policy, adding companies and correcting contact details for Gulf Inspection International Co. on Jan 19, 2005.
Incase of deemed exports, a copy of the invoice duly signed by the unit receiving the material and their jurisdictional excise authorities certifying the item of supply, its quantity, value and date of such supply. However, incase of supply of items, which are non-excisable product(s), a project authority certificate (PAC) certifying quantity, value and date of such supply would be acceptable in lieu of excise certification. Not withstanding the above, in respect of supplies to EOU, a copy of ARE-3 duly signed by the jurisdictional excise authorities certifying the item of supply, its quantity, value and date of such supply shall be furnished.
However, the facility of extension of export obligation period shall not be allowed in case of advance licence wherein import of penicillin and its salts (ITC(HS) Code No. 29411 010) and 6 – APA (ITC(HS) Code No. 29411 050) have been allowed as an input. The licensing authority shall make an endorsement in the advance licence to this effect.
FOB actually realized and date of realization of export proceeds are to be given in all cases except where consignment has been sent against confirmed irrevocable letter of credit or exports made against the Government of India/EXIM Bank Line of Credit or exports made under Deferred Payment/Suppliers Line of Credit Contract backed by ECGC Cover. An endorsement to that effect need to be endorsed in BRC.
In respect of supplies under paragraph 8.2(b) of the Policy, except Advance Licence for deemed exports and DFRC, the deemed export benefits may be claimed from the Development Commissioner or the Licensing Authority concerned.
India announces amendments to Standard Input Output Norms, adding new items and correcting export-import guidelines in various sectors on January 12, 2005.
In exercise of powers conferred under Paragraph 2.1 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.
Import of agricultural Products listed in Chapter 1 to 24 of ITC (HS) Classification of Export and Import items except the following shall be allowed.
