Public Notice No. 29/2002-07 revises the Indian Rupee value of the special currency basket for deferred payment contracts with the USSR.
Whereas the European Commission (EC) has instructed its member countries to introduce checking operations with regard to import of fresh fruits and vegetables at their respective points of entry and, whereas the European Commission shall allow in the normal course the entry of such commodities if the checks have been carried out in the exporting country and, all relevant information is provided to them in this regard, and whereas APEDA has moved the Commission to facilitate putting in place a system of pre-export inspection and certification in India, so that Indian exports on arrival at destination are not denied entry.
Public Notice No. 27 (RE-03)/ 2002-2007 updates Standard Input Output Norms for chemicals and allied products under the Export and Import Policy 2002-2007.
The following sentence is added in the “Certificate of Chartered Accountant/ Cost and Works Accountant/ Company Secretary” at S.No (ix) of Appendix 17 pertaining to the “Application for Grant of Export House, Trading House, Star Trading House, Super Star Trading House” and S.No (viii) of Appendix 17 A pertaining to “Application for Grant of Export House, Trading House, Star Trading House, Super Star Trading House for Service Providers” as under.
If there is any non.resident interest in the firm/company and non resident investment is to be made with repatriation benefits, full particulars thereof with photo copy of RBI approval must be submitted. Investment without repatriation benefits, a simple declaration indicating whether it is held with the general/ specific permission of RBI on the letter head of the firm should be furnished. In case of specific approval, a copy may also be furnished. Indian Companies issuing shares to foreign nationals/ NRIs under automatic route,100% scheme or 24/40% schemes are not required to obtain prior approval of RBI.
The restrictions shown at Column 4 in respect of item at Code No. 5003 have been deleted. ‘Mulbery Silk waste not carded or combed’ is free for exports without any restrictions in so far as ITC(HS) Classification of Export and Import is concerned.
Public Notice No. 23/2002-07 updates DEPB rates for various engineering, chemicals, plastic, electronics, and miscellaneous products.
In exercise of the powers conferred under Para 2.4 of the Export and Import Policy, 2002-2007, the Director General of Foreign Trade has decided to make following amendments in conditions for export of onions released as mentioned below.
Export of finished good directly from the job worker’s premises may be permitted provided the job worker’s premises is registered with the Central Excise authorities. However, export of such products from the job worker’s premises shall not be allowed through third parties as provided under paragraph 6.10 of the Policy.
Public Notice No. 20 (RE-03)/2002-2007 updates norms for textiles and plastic products under India’s export-import policy.
