Attention is invited to Public Notice No. 14 dated 31.5.2002, read with the relevant portions of Public Notice No. 33 dated 26.8.2002 and Public Notice No.53 dated 31.12.2002, which introduced a special provision for exemption of special additional duty (SAD) on DEPBs issued under the Exim Policy 2002-07 where the order of “Let Export” was prior to 1.4.2002.
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORIDNARY (PART-I, SECTION I) GOVERNMENT OF INDIA, MINISTRY OF COMMERCE AND INDUSTRY PUBLIC NOTICE NO.- 32 (RE-03)/2002-07 NEW DELHI : the 12 November, 2003 In exercise of powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-07 and paragraph 1.1 of Handbook of Procedures (Vol.I), […]
DGFT has updated the Standard Input Output Norms for chemicals, engineering, and miscellaneous products through Public Notice No. 31/RE-03/2002-2007.
Public Notice No. 30 updates the procedure for importing certain items under the India-Nepal Treaty, including changes to vegetable fats importation.
Representations were received from trade stating that the condition of matching of Allicin content is difficult to befulfilled due to lack of testing facilities for Allicin. Further, it has been reported that there would be deterioration in the content of Allicin, over a period of time.
In exercise of the powers conferred under Paragraph 2.4 of the Export and Import Policy 2002-2007, as amended, the Director General of Foreign Trade hereby deletes Note 11 under the General Notes for All Export Product Groups as containedin the Handbook of Procedures, Vol.2, 2002-2007, as amended.
The Public Notice announces updates to Standard Input Output Norms for engineering and plastic products, with detailed amendments and additions.
The applicant may apply for EPCG license wherein duty saved amount is upto Rs. 50 crores to the Regional Licensing Authority (RLA) on the basis of self-declaration subject to final fixation of nexus by the RLA. The applicant shall give an undertaking that in case the RLA subsequently disallows the Capital Goods including jigs, fixtures, dies, moulds and spares, the license holder shall pay customs duty as applicable together with 15% interest on such goods.
However, in case of Advance Licences for drugs, which have been issued against a specific export order and with pre-import condition the period of fulfillment of export obligation shall commence from the date of import of the first consignment and shall be fulfilled within a period of 6 months.
Public Notice No. 24 (RE-03)/2002-07 revises DEPB rates for engineering and chemicals products, including a value cap change and new entries.