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.
Trade is hereby informed that whenever application for issue or modification of IEC is to be filed now, it has to be done only through an online process with digital signature and the filing is done to DGFT, New Delhi. Only after successful filing of the application it gets downloaded to Pune-JDGFT.
Vide Notification No. 38 dated 5th February, 2016, Government has imposed Minimum Import Prices (MIP) on 173 tariff lines under Chapter 72 (Iron & Steel). The same Notification also protects imports/shipments after 5th Feb, 2016, which are negotiated and finalised under Irrevocable Letter of Credits (ILCs) before the date of the said Notification under Para 1.05(b) of FTP, provided these ILCs are registered with Jurisdictional RAs within a period of 15 days.
It has been brought to the notice of this Directorate that some exporters are classifying the item Tamarind Kernel Powder under ITC(HS) Code 11063010 and claiming MEIS benefit. It is clarified that the correct ITC(HS) Code of Tamarind Kernel Powder is 13023290 on which MEIS benefit is not available.
