Public Notice No. 43 (RE-01)/1997-2002 introduces key amendments to the EXIM Policy Handbook, including DEPB application limits, deemed exports, and updated appendices.
“Public Notice No. 42 (2001) revises Appendix 28A of the Handbook (Vol 1), removing value caps for DEPB entries under the EXIM Policy 1997-2002.”
Public Notice No. 41 (2001) introduces Agri Export Zones in West Bengal, Karnataka, and Uttarakhand for products like pineapple, gherkins, and lychees.
Government updates Handbook of Procedures with new entries for engineering, textile, and miscellaneous products under Public Notice No. 40 (RE-2001).
Public Notice No. 39 (RE-2001) extends the export deadline for coarse grains and maize until 31st October 2001 under the Export and Import Policy.
Public Notice No. 38 (RE-2001) amends the authorization process for future imports of vegetable oils, now issued annually by the Directorate.
In case of blended Textiles, if the fibre content of one type is more than 95%, the DEPB rate of the blended item would be the same as that of the particular fibre. However if no fibre constitutes 95% or more of the blend, the DEPB rate would be the lowest amongst the different fibres ignoring those with less than 5% in the blend. DEPB rates would not be denied to composite items provided the value of the extra material is upto 5% of the total value and a DEPB rate exists for the fibre comprising a value of 95% or more of the composite.
In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy 1997-2002, as notified in the Gazette of India extraordinary, Part-II Section 3, sub Section (ii) vide S.O. No. 283(E) dated 31.3.1997, the Director General of Foreign Trade hereby makes the following change on the above subject.
Public Notice 35 (RE-2001) updates entries for chemicals & engineering products in the Export & Import Policy.
In respect of direct foreign exchange earnings, we have verified the certified statements from the Banker/ Chartered Accountant of Foreign Exchange Earnings. In respect of indirect forex earnings duly certified by Chartered Accountant such as amount received from Travel agents/Tour Operators, Foreign Airlines for stay of Crew and Catering, UN organizations and Diplomatic Missions and Encashment Certificate from authorized dealers and others in terms of DGFT Policy circular no.60/97-2002 dated 24.12.1998.
