The 1998 Public Notice amends the ITC(HS) Export and Import classification by removing “Powder milk” and “Ghee” from the export item list.
Miscellaneous Items’ of the Export and Import Policy, 1997-02 (Re-98), under which Raw silk/silk cocoons are restricted and are not permitted to be imported except against a licence or in accordance with a Public Notice issued in this behalf.
For grant/renewal of any status, the application shall be filed latest by 30th November, 1998. Deficiency, if any, must be communicated by the licensing authorities by 15th December. If this is not done, then existance of deficiency and non rectification thereby by 31st December will not be treated as a ground for rejecting the application. The applicant shall be required to submit the rectification of deficiency to the licensing authorities by 31st December.
In supersession of Public Notice No. 31 dated 12.8.1997 it has been decided that the Roller Flour Mills can freely import wheat under Actual User condition directly or through State Trading Corporation of India Limited (STC), Projects Equipments Corporation (P.E.C.) and Minerals & Metals Trading Corporation of India Limited (M.M.T.C.), to meet their own requirements for milling purposes only.
Attention is invited to Public Notice No. 7 (RE-98) 1997- 2002 dated 24.4.98 wherein one time extension upto 30th September, 1998 in export obligation period for Quantity Based Advance Licences was provided,subject to the terms and conditions indicated therein.
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 following amendment in the Handbook of Procedures (Vol.1) (RE : 98), 1997-2002.
The description of export product at S.No. 59 of textile product as given in Annexure to Public Notice No. 6(RE-98) shall be amended to read as Cotton fabric Dyed and /or printed and/or bleached.
The exempt material which remain unutilised after the expiry of export obligation period, shall be liable for payment of Customs duty together with 24% interest per annum and surrender of SIL equivalent to 5 times the CIF value of such excess imports, if the imported inputs is under the negative list of imports.
Public Notice No. 40 amends the Export and Import Policy, detailing provisions for DEPB credits, Advance Licenses, and Software Technology Park imports.
In exercise of the powers conferred under Paragraph 4.11 of the Export & Import Policy, 1997-2002, the Director General of Foreidgn Trade hereby makes the following amendments in Schedule 2 Appendix 1 of the Book Titled, ” ITC(HS) Classification of Export & Import Items 1997-2002.
