The exporters who were holding recognition certificate for the period 1998-99, under Export Import Policy 1997-2002 or under Exim Policy 1992-97 and have also obtained recognition certificate under the current Policy have an option to claim SIL based on exports made during preceeding licensing year subject to following conditions.
However, in cases where the application for obtaining credit is filed after realisation of export proceeds, such application may be filed within 90 days from the date of realisation or 180 days from the date of exports whichever is later, reckoned from the last date of realisation/exports in respect of shipments for which the claim has been filed.
Public Notice No. 26 (RE-99) announces amendments to the Export-Import Policy, including additions to Standard Input Output Norms for chemicals, engineering, and textile products
In exercise of the 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 31.3.97, the Director General of Foreign Trade hereby makes the following amendments in the Public Notice No.18 (RE:99)/1997-2002 dated 1st July, 1999.
Supplies made by an Indian sub-contractor of an Indian or foreign main contractor, shall also be eligible for deemed export benefits provided the name of the sub-contractor is indicated either originally or subsequently in the contract, and payment certificate is issued by the Project Authority in the name of the sub-contractor in the form given in Appendix 14-B.
Public Notice No. 23 (RE-99) amends the Export-Import Policy, adding new entries for engineering, plastic, and textile products in the Handbook of Procedures.
Public Notice No. 22 (RE-99) amends the export policy to include used aircraft and helicopters under the definition of “aircraft and helicopters.”
In exercise of the powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, the Director General of Foreign Trade hereby makes the following amendments in Schedule 2, Appendix 6 of the book titled ” ITC(HS) Classifications of Export and Import items 1997-2002.
Attention is invited to the Public Notice No.26/97-2002 dated 14th July,1997, wherein the conditions and procedures to be followed in respect of export of sandalwood in the form of heartwood chips, mixed chips,flakes of the Sandalwood Classes mentioned in Annexure I to the said Public Notice, Sapwood chips/powder and Sandalwood dust obtained as waste after the manufacturing process have been specified.
Public Notice No. 19 (RE-99) amends EXIM code for cardamoms, deleting one entry and updating the description, effective July 2, 1999.