It is, hereby, clarified that grapes packed in imported packing material do not fall under ineligible category mentioned under para 3.17.2(ii) of FTP and, therefore, exporter is entitled for VKGUY benefit on FOB value i.e. without deducting the cost of imported packing material.
Attention is invited towards Trade Notice No 21/2015-2020 dated 23rd March, 2016 thereby Board of Trade has been re-constituted. In order to give appropriate representation to MSME sector, it has been decided to include the name of President, Laghu Udyog Bharti, New Delhi as Ex-officio member of BoT.
Deduction of State /Central Taxes collected from the customers while calculating foreign earnings for SFIS/SEIS Schemes- The State/ Central taxes payable by the Customer to Governments are collected from the Customer by the Service Provider on behalf of the Governments concerned. Hence, such taxes arc not earnings of the service provider, as per the above provisions.
Closure Of EPCG authorizations in case of supplies to SEZ units which have been made prior to 01.4.2015 and where exports proceeds have not been realized through Foreign Currency Account (FCA) of the SEZ unit.
In terms of Notification No. 11 dated 21/6/2016, revalidation of import authorisations issued under Trade Notice No. 12 dated 8/1/2015 has been allowed with 25% increase in import quantity of Rough Marble & Travertine Blocks. The list of 472 import authorisation holders and the quantity to be increased in respect of each of authorisation holder is attached as Annexure to this Trade Notice.
it is clarified that all Other Cast Articles of Iron or Steel failing under the four digit ITC(HS) Code- 7325 whether malleable or non- malleable are eligible for FPS under the entry at serial no. 279 of Appendix 37 D as revised vide Public Notice no. 52 dated 25.02.2014.
In terms of Annexure-l to Appendix 2A of FTP 2015-20 read with Public Notice No. 62 dated 25.02.2016, the allocation of 2,500 MTs of Black Pepper for import under the Indo-Sri Lanka Free Trade Agreement for the financial year 2016-17. is attached as Annexure to this Trade Notice.
RAs shall henceforth consider applications seeking modification in IEC, involving change in PAN, by ensuring that liabilities of the previous applicant/applicant firm are transferred to the new applicant/applicant firm whose PAN will be reflecting in the modified IEC. RA’s must also share the modified IEC, with the changed PAN incorporated in it, with all concerned authorities.
It is been clarified by the DEPB Committee vide its decision dated 20.07.2007 that Silico Manganese is a trade name and chemical name is Ferro-silico-Manganese for the item listed at listed at Sl. No. 347 of DEPB List (Engg).
Clarification regarding benefit under Incremental Export Incentivisation Scheme(IEIS) notified vide Notification No. 27 dated 28th December, 2012.
