GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
PUBLIC NOTICE NO. 30 (RE-2007) /2004-2009
NEW DELHI DATED THE 26th July, 2007
In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I:
- Last sentence of paragraph 1.1 stands amended as follows:
These compilations, as amended from time to time, shall remain in force until 31st March, 2009 except DEPB scheme which shall continue till 31st March, 2008.
- Paragraph 2.20 related to ‘Execution of Bank Guarantee / Legal Undertaking for Advance Authorisation / DFIA and EPCG Authorisation” stands substituted as follows:
Before clearance of goods through Customs, Authorisation holder shall execute a BG / LUT with Customs Authorities. In such cases, RA shall endorse the following condition on the licence / Authorisation:
“BG / LUT as applicable to be executed with concerned Customs Authorities”.
In case of indigenous sourcing, Authorisation holder shall furnish BG / LUT to RA as per Customs Circular No. 58/2004 dated 31.10.04.
- First sentence of paragraph 4.68 stands amended to read as under:
Provision of paragraph 4.25 shall apply.
This issues in Public interest.
Sd/-
(R.S. Gujral)
Director General of Foreign Trade
And Ex-Officio Additional Secretary to the Govt. of India
(Issued from F.No.01/94/ 180/ PN /AM08/PC-I).