Public Notice updates DEPB rates and product details, including steel hinges, automobile locks, and more, effective from 1st April 2003.
Notice updates import procedure for vegetable fats under the India-Nepal Treaty, adding STC as an eligible importer alongside CWC.
We further declare that in case of non realisation of export proceeds or lesser realisation of export proceeds in free foreign exchange, we shall pay, in cash, an amount equivalent to the DEPB entitlement already obtained on the non realised or lesser realised value of export proceeds together with 15% interest reckoned from the date of duty free imports effected under DEPB to the date of payment.
The above norms for fuel are applicable to units having spinning, weaving and processing activities or only weaving and processing activities as the case may be. Also the said units should have facilities for captive power generation using Naphtha/ SKO/ Furnace Oil / HSD / Coal.
In respect of exporters who have exported in each of the preceding three licensing years and exporters falling in category (c) above, the 25% BG condition shall be imposed on the CIF value of advance licence(s) provided the CIF value does not exceed 200% of the FOB/FOR value of exports/supplies made in the preceding licensing year. Licence beyond 200% entitlement shall be subject to 100% BG on the value exceeding 200% entitlement. However, the entitlement may be re-credited on production of documentary evidence showing fulfilment of export obligation and realisation of foreign exchange.
The financial information given in the above statement is in agreement with the relevant register and records; the same has been incorporated in the books of accounts maintained by the Service provider; and is also true and correct.
Learn about the procedure and eligibility for importing items under Tariff Rate Quota (TRQ) as per the Public Notice No. 7 (RE-2003)/2002-2007.
The Public Notice No. 06 (RE-03)/2002-2007 announces amendments to the Standard Input Output Norms in the Handbook of Procedures for various products.
Public Notice No. 5/2002-2007 updates the Indian Rupee value for deferred payment contracts under agreements with the USSR for machinery and equipment deliveries.
Where supplies in respect of contracts, as contained in Para 3(i ) & (ii ) above have already been completed on the date of issue of this Public Notice, such contracts shall not be eligible for grant of Advance licence for deemed export unless such licence had already been applied for prior to effecting the aforesaid supplies.