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dgft issue public notice & notification on 27.03.2012

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TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY         

(PART-I, SECTION-1)

 

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY

DEPARTMENT OF COMMERCE


PUBLIC NOTICE No.  105 / 2009-14(RE 2010)

NEW DELHI: the    27th  March, 2012

 

Subject: Procedure for refund / revalidation of DEPBs/Reward Scrips for re-credit of 4% CVD (SAD).

 

  In exercise of powers conferred under Para 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby replaces Paragraph 2.13.2A  of the Handbook of Procedures (Vol.1), 2009-14 by the following:-

 

Only for the purpose of utilisation of re-credit of 4% Special Additional Duty (SAD) of customs,  the freely transferable duty credit scrips (including DEPB), shall be deemed to have been revalidated till 30.6.2012.  No further endorsement of such scrips by the respective RA shall be required under the following circumstances:-

 

(i)        if the endorsement has been made by Regional Authority on or before 15.9.2011 but the re-credit remains unutilised;

Or

 

(ii)      if the consolidated certificate (Credit Note) have been issued by Customs between 1.9.2011 to 30.4.2012.  In such scrips, the amount indicated in the consolidated certificate by customs shall be deemed to have been recredited.”

 

Effect of Public Notice:

This will reduce the transaction cost and procedural burden as it will facilitate utilisation of re-credit without requiring it to be presented to  RA of DGFT for an endorsement of revalidation.

                                            Sd/-

            (Anup K. Pujari)

Director General of Foreign Trade and

E-mail: dgft@nic.in

 

(Issued from File. No. 01/94/180/DEPB-SAD recredit/AM10/PC-4)

 

 

 

 

 

 

 

(To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii))

 

 

Government of India

Ministry of Commerce & Industry

Department of Commerce

Udyog Bhawan

 

Notification No 109 (RE – 2010)/2009-2014

New Delhi, Dated : 27th March, 2012

 

Subject: Extension of prohibition on export of Pulses (except Kabuli Chana and 10,000 tonnes of organic pulses) upto 31.03.2013– regarding.

 

S.O.(E)   In exercise of the powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 2.1 of the Foreign Trade Policy, 2009-2014 (as amended from time to time), the Central Government hereby amends, with immediate effect, Para 3 of Notification No.15 (RE-2006)/2004-2009 dated 27.6.2006, as amended from time to time.

 

2.         Export of pulses was initially prohibited for a period of six months vide Notification No.15 (RE-2006)/2004-2009 dated 27.6.2006 which was extended from time to time. This extension is upto 31.03.2012 in terms of Notification No. 35(RE-2010)/2009-2014 dated 23.03.2011. Now, the prohibition on export of pulses is being extended upto 31.03.2013. This prohibition will not apply to Kabuli Chana.

 

3.         In addition, the prohibition on export of pulses upto 31.03.2013 will not apply to export of 10,000 MTs of organic pulses and lentils per annum as permitted through Notification No. 51(RE-2010)/2009-2014 dated 03.06.2011. Accordingly, the amended Para 3 (i) of Notification No. 35(RE-2010)/2009-2014 dated 23.03.2011 will read as under:

 

“3 (i) The period of validity of prohibition on exports of Pulses is extended upto 31.3.2013. This prohibition will not apply to export of (1) Kabuli Chana and (2) 10,000 MTs of organic pulses and lentils per annum. Export of organic pulses and lentils shall be subject to following conditions:

 

(a) Quantity limit shall be 10,000 MTs per annum;

(b) It should be duly certified by APEDA as being organic pulses and lentils;

(c) Export contracts should be registered with APEDA, New Delhi prior to shipment;

(d) Exports shall be allowed only from Customs EDI Ports.”

 

4.      Effect of this notification:

           

Prohibition on export of pulses has been extended by one more year; from 31.03.2012 to 31.03.2013. But, there are two exceptions to this. One is export of Kabuli Chana. Second is export of Organic Pulses and lentils; but with a ceiling of 10,000 MTs per annum and subject to certain conditions mentioned above.

 

(Anup K. Pujari)

Director General of Foreign Trade

E-mail: dgft@nic.in

 

(Issued from F.No.01/91/180/1776/AM10/Export Cell)

 
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