Wait...
  1. Home >
  2. Notifications >
  3. DGFT >
  4. Public Notice >
  5. Handbook of Procedures (Vol.1) >
  6. Import Export Data, Export Import shipment data from Customs

Online Export Import Data Search

Complete Training Video : Click Here

Date: 03-02-2010
Notification No: DGFT PUBLIC NOTICE No 38/2009-14
Issuing Authority: DGFT  
Type: Public Notice
File No: 01/94/180/DEPB-SAD recredit/AM10/PC-4
Subject: Amendment of paragraph 2.13.1, 3.11.7 and 4.50 of HBP Vol. 1 for revalidation of freely transferable Authorization/ Duty credit scrips and re-credit of 4% SAD thereof.

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE

PUBLIC NOTICE No. 38 / 2009-14
NEW DELHI: the 3rd February, 2010

Subject: Amendment of paragraph 2.13.1, 3.11.7 and 4.50 of HBP Vol. 1 for revalidation of freely transferable Authorization/ Duty credit scrips and re-credit of 4% SAD thereof.

In exercise of powers conferred under Para 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol.1), 2009-14:-

  1.  Paragraphs 2.13.1 of HBP Vol. 1 shall be substituted by the following:

    2.13.1 However, revalidation of freely transferable Authorisation / Duty credit scrips and stock and sale Authorisation shall not be permitted unless validity has expired while in custody of Customs authority / RA.

  2. A new Paragraph 2.13.2A stands added in the HBP Vol. 1 as under:

    2.13.2A For the purpose of re-credit of 4% Special Additional Duty (SAD) of customs in the freely transferable Duty credit scrips (including DEPB), revalidation for a maximum period of 6 months from the date of endorsement, shall be allowed in case the balance period of validity is less than 6 months on the date of re-credit.

  3.  Paragraph 3.11.7 related to validity period of duty credit scrips issued under chapter 3 shall be replaced by the following:

    3.11.7 Duty Credit Scrip shall be valid for a period of 24 months & Revalidation of Duty Credit Scrip shall not be permitted unless covered under paragraph 2.13.1 or paragraph 2.13.2 A of HBP v1.

  4.  Paragraph 4.50 related to revalidation of DEPB shall be replaced by the following:

No revalidation shall be granted beyond original period of validity of DEPB unless covered under paragraph 2.13.1 or paragraph 2.13.2 A of HBP v1.

This issues in public interest.

Sd/-
(R.S. Gujral)
Director General of Foreign Trade and
Ex-officio Special Secretary to the Government of India
(Issued from File. No. 01/94/180/DEPB-SAD recredit/AM10/PC-4)

       

Get Sample Now

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




Exim Guru Copyright © 1999-2019 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 Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001