Date: |
02-05-2006
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Notification No: |
DGFT Public Notice No 06/2006
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Issuing Authority: |
DGFT
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Type: |
Public Notice
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File No: |
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Subject: |
Amendment in the Handbook of Procedures, Vol.I (6.22 (c) - Contract farming)
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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 :
Sub-para 6.22 (c) shall be amended as under:-
"(c)The unit has been in existence for at least two years and engaged in export of agriculture / horticulture/ aquaculture products; otherwise it shall furnish bank guarantee equivalent to the duty foregone on the capital goods/inputs proposed to be taken out to the Deputy/Assistant Commissioner of Customs/Central Excise till the unit completes two years."
This issues in Public interest.
( K.T. CHACKO )
Director General of Foreign Trade and
Ex Officio Additional Secretary to the Government of India (Issued from F.No. 01/92/180/017/AM07/PC-II)
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