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GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF
COMMERCE
PUBLIC NOTICE No. 34/2015-2020
NEW DELHI, DATED THE 24th October, 2017
Sub: Onetime relaxation for EO extension and clubbing of Advance
Authorizations – reg.
In exercise of powers conferred under Para 2.04 and 2.58 of the Foreign Trade
Policy 2015-2020, as amended from time to time, the Director General of Foreign
Trade on recommendation of Policy Relaxation Committee (PRC), in public
interest, hereby makes the following one time relaxations in the provisions of
extension of export obligation period and clubbing of advance Authorizations.
l. Facility of Clubbing of Advance Licenses/ Authorizations:
Onetime
relaxation of Para 4.38(i) of Handbook of Procedures 2015-2020, for clubbing of
Advance licenses /Authorizations issued under Foreign Trade Policy 2002-2007 and
2004-09 is hereby permitted. Request for clubbing shall be made in ANF-4C to the
respective RAs along with prescribed documents. RA shall process the cases as
per Para 4.38 of Handbook of Procedures 2015-2020. The last date for submission
of such application shall be 31.3.2018. Any applications received in RA, after
31.3.2018 shall not be entertained for clubbing and case shall be regularized
either under Para 4.49 of HBP or by initiation of adjudication proceedings on or
before 31.05.2018 positively.
No clubbing shall be permitted in respect
of Authorizations where misrepresentation / fraud have come to the notice of RA.
Further, no clubbing of Authorizations, where EODC/redemption letter has already
been issued or adjudication orders have already been passed by RA/Customs
Authority, shall be permitted.
2. Extension of Export Obligation Period:
Onetime relaxation is provided for extending Export Obligation (EO) period
subject to the conditions specified below.
Exports made under Advance
Licenses/ Authorizations issued under Foreign Trade Policy 2002-07, Foreign
Trade Policy 2004-2009 and Advance authorizations issued prior to 5.6.2012 under
Foreign Trade Policy 2009-14 shall be regularized by way of extension of Export
Obligation Period, as per the procedure prescribed below:
a. Where
exports have been made within 36 months from the date of issue of Advance
Licenses / Authorizations, same shall be regularized without insisting for any
composition fee, except the cases where authorizations issued under Policy
circular No-9 dated 30.6.2003/ or items covered under Appendix-30 A of HBP
2004-09/ HBP 2009-14.
b. For the exports made after 36 months but within
48 months shall be regularized on payment of composition fees as follows:
i. @ 0.5% per month of FOB value of exports made after 36 months but within
42 months
ii. @ 1% per month of FOB value of exports made after 42 months
but within 48 months
c. For Authorizations issued under Policy circular
No-9 dated 30.6.2003 or inputs covered under Appendix-30A of HBP 2004-09 / HBP
2009-14:
Extension of export obligation period can be granted for a
period equivalent to half of the stipulated initial export obligation period on
payment of composition fee as follows:
i. @0.5% per month of FOB if
exports made within initial export obligation period is more than 50% of
stipulated EO.
ii. @ I% per month of FOB if exports made within initial
export obligation period is less than 50% of stipulated EO.
d. Request
for extension of Export obligation period shall be filed in respective RAs, on
or before 31.3.2018. Any applications received after 31.3.2018 shall not be
considered as per this Public notice.
e. Only shipping bills which bear
file number/ Advance Authorization number in question shall be taken into
account. No free shipping bills shall be allowed to be accounted.
f. No
extension in EO would be allowed in respect of Authorizations where
misrepresentation / fraud have come to the notice of RA. Further, no extension
of Authorizations, where adjudication orders have already been passed by
RA/Customs Authority, shall be permitted.
Effect of this Public Notice:
One time relaxation is provided for Clubbing of advance Authorizations
issued during foreign trade policy 2002-07 and foreign trade policy 2004-09. One
time relaxation is provided for extension of export obligation period of Advance
authorizations issued under Foreign Trade Policy 2002-07, Foreign Trade Policy
2004-2009 and Advance Authorizations issued prior to 5.6.2012 under foreign
trade Policy 2009-14.
(Alok Vardhan Chaturvedi)
Director General of Foreign Trade
(Issued
from File No 01/94/180/186/AM 18/PC-4)
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