Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Date: 16-05-2012
Notification No: DGFT Policy Circular No 63(RE-2010)/2009-14
Issuing Authority: DGFT  
Type: Circular
File No: F.No 01/91/180/879/AM08/Export Cell/Part
Subject: Amendment in the conditions and modalities for registration of contracts with DGFT for export of sugar.

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhavan, New Delhi.

Policy Circular No. 63 (RE-2010)/2009-14

Dated the 16th May, 2012

To

All Customs Authorities / All Regional Authorities / Members of Trade.

Subject:- Amendment in the conditions and modalities for registration of contracts with DGFT for export of sugar.

Policy Circular No. 62(RE-2010)/2009-14 dated 14.05.2012 prescribed the conditions and modalities for registration of contracts with DGFT for export of sugar in the current sugar season (1st October, 2011-30th September, 2012).

2. It has been decided to modify certain provisions of the Policy Circular No. 62(RE-2010)/2009-14 dated 14.05.2012 as under:

  1. The application for issue of RC can be for an amount upto a maximum quantity of 25,000 MT (Twenty five thousand metric tons). Earlier this limit was 10,000 MT per RC. [Please refer Para 3 of Policy Circular No. 62(RE-2010)/2009-14 dated 14.05.2012].

  2. In addition to export against Letter of Credit (LC) and/or FIRC, export would also be permitted against Cash Against Documents (CAD). Exporters have to indicate type of instrument (LC/FIRC/CAD) while applying for issue of RC. [Please refer Sub- para (i) of Para 4 of Policy Circular No. 62(RE-2010)/2009-14 dated 14.05.2012].

  3. Export against RC shall be completed within a period of 60 days from the date of issuance of such certificate. Earlier this was given as 30 days. [Please refer Para 5 of Policy Circular No. 62(RE-2010)/2009-14 dated 14.05.2012].

  4. An applicant is at liberty to seek split RCs for export through more than one port, within the overall quantity limit of 25,000 MTs.

  5. Application for second and subsequent RC can be submitted only on completion of at least 50% of export against RC issued to the exporter (quantity permitted in the RC as a whole is to be taken for calculation, not quantity split RC-wise). Exporters have to submit the proof of such exports. [Please refer Para 7 of Policy Circular No. 62(RE-2010)/2009-14 dated 14.05.2012].

3. Export against Release Order issued prior to 14.05.2012 (date of issue of Notification No. 117) by the Directorate of Sugar, Department of Food & PD will continue to be governed by the terms and conditions of the relevant Release Order.

4. There shall be no other change.

5. This issues with the approval of Director General of Foreign Trade.

(Hardeep Singh)
Joint Director General of Foreign Trade
Email: hardeep.singh@nic.in
(Issued from
F.No 01/91/180/879/AM08/Export Cell/Part)

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 25-11-2021
Notification No.94/2021 - Customs (N.T.)
Exchange rates Notification No.94/2021-Cus (NT) dated 25.11.2021

Date: 24-11-2021
Notification No.93/2021 - Customs (N.T.)
Exchange rates Notification No.93/2021-Cus (NT) dated 24.11.2021

Date: 18-11-2021
Notification No.92/2021 - Customs (N.T.)
Exchange rates Notification No.92/2021-Cus (NT) dated 18.11.2021

Date: 15-11-2021
Notification No. 91/2021-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 03-11-2021
Notification No.90 /2021 - Customs (N.T.)
Exchange rates Notification No.90/2021-Cus (NT) dated 03.11.2021

Date: 03-11-2021
Notification No.52 /2021-Customs
Seeks to amend Notification No. 18/2019-Customs reducing Road and Infratructure Cess (RIC) on Petrol and Diesel.

Date: 29-10-2021
Notification No.88/2021 - Customs (N.T.)
Exchange rates Notification No.88/2021-Cus (NT) dated 29.10.2021

Date: 29-10-2021
Public Notice No. 32/2015-2020
Amendment in Para 2.76 of Handbook of Procedures (HBP) of the Foreign Trade Policy (FTP) 2015-20 regarding export of SCOMET items from DTA to SEZ/EOU and outside the country

Date: 29-10-2021
Notification No. 87/2021-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 28-10-2021
Public Notice No. 31/2015-2020
Amendment in Para 2.107 (TRQ under FTA/CECA) of Handbook of Procedure 2015-2020.



Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001