Supplies made by foreign buyers or procured by the exporters on the advice of foreign buyers, of labels, price tags, hangers PVC boxes, Inlay cards, printed bags, stickers and trimming materials like buttons, belts, shoulder pads, buckles, Eyelets, Hooks and Eyes and Rivets to be attached to the goods against specific orders placed by foreign buyers on Indian exporters, may be imported without a licence.
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.
Consequent upon deletion of DEPB rate for refills covered under S.No. 1 of product group plastic by Public Notice No. 61 dated 31.12.97 and re-introduction of separate DEPB rate for all kinds of parts components by Public Notice No. 6(RE-98) dated 15.4.98, the DEPB rate for refills in respect of export made between 1.1.98 to 14.4.98 shall be 13% of the FOB value.
Hotels, Travel agents, Tour operators, Tourist transport operators eligible for SIL in terms of paragraph 12.12(B) of the Policy shall file the application for SIL in Appendix –20G of the Handbook.
Supply of goods to such projects in the power sector made under the procedure of International Competitive Bidding or Oil and Gas sector, including refineries, made under International Competitive Bidding or Limited Global Tender, in respect of which the Ministry of Finance extends the benefit of deemed exports to domestic supplies.
The 10% duty saved amount in DEPB will be equivalent to 10% of the available credit balance on the lost DEPB whereas for Advance licence, the amount shall be calculated on the basis of duty saved amount for the balance quantity and proportionate CIF value as per the information available in column-22 of Appendix-11B of Handbook of Procedures.
For any other misdeclaration, laws formulated by the Directorate General of Foreign Trade, in force from time to time, would also apply and action as per Foreign Trade (Development and Regulation) Act, 1992 shall be initiated by the competent authority.
Public Notice No. 57 (RE-98)/97-02 revises rules on metallic waste and scrap imports, excluding hazardous materials from specific restrictions.
Public Notice No. 56 (RE-98) deletes “plastic wastes/scrap” from Para 5.3(b) in the Handbook of Procedures, 1997-2002.
The DEPB rate for export product as given in Appendix 28A at S.No. 3 of Fish & Fish products may be amended to read as 10%. The enhancement in the above DEPB rate shall be effective from 15.4.98 and shall cover exports of such products made on or after 15.4.98.
