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

Date: 22-07-2021
Notification No: PUBLIC NOTICE NO. 16/2015-2020-DGFT
Issuing Authority: DGFT  
Type: Public Notice
File No: File No. 01/94/180/492/AM20/PC-4
Subject: Amendments in Handbook of Procedures 2015-20- reg.

Government of India
Ministry of Commerce and Industry
Department of Commer
Directorate General of Foreign Trade
Udyog Bhawan, New Delhi – 110011

PUBLIC NOTICE NO. 16/2015-2020-DGFT

New Delhi, Dated the 22th July, 2021

Subject: Amendments in Handbook of Procedures 2015-20

In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes the following amendment in Hand Book of Procedures 2015-20:

(i) Under Para 4.41 of HBP 2015-20, a new sub-para (e) is added, as mentioned below:

4.41 Validity period for import and Revalidation of Authorisation

(c) For Advance Authorizations issued on or after 15.08.2020 and not covered under Para 4.41 (b) above, only one revarlidation for twelve months from expiry date shall be allowed. No further revalidation would be allowed for such authorisations. The provision for revalidation as under Para 4.41 (c) shall also not be applicable for such Advance Authorisations .Applications for any such revalidation may be submitted online to the concerned Regional Authority on or after 01.08.2021.

(ii) Existing Paras 4.51 and Para 4.57 are replaced with the new Paras as mentioned below:

Existing Para New Para
4.51 Maintenance of Proper Accounts Every Advance Authorisation holder shall maintain a true and proper account of consumption and utilisation of duty free imported / domestically procured goods against each authorisation as prescribed in Appendix 4H or 41, as applicable. These records are required to be sent to the concerned Regional Authority at the beginning of each licensing year for all those authorisations, which have been redeemed in previous. licensing year. However, these records in said format are required to be submitted for authorisations issued on or after 13-05-2005. Such records should be preserved for a period of at least three years from date of redemption. 4.51 Maintenance of Proper Accounts Every Advance Authorisation holder shall maintain a true and proper account of consumption and utilisation of duty free imported /domestically procured goods against each authorisation as prescribed in Appendix 4H or 41, as applicable. These records are required to be filed online at the beginning of each licensing year for all those authorisations, which have been redeemed in previous licensing year. The same may be submitted on the DGFT Website under Dashboard—- Repository->-CA/CE Repository
4.57 Maintenance of proper accounts of import and its utilisation- Original DFIA holder shall maintain a true and proper account of consumption and utilisation of duty free imported / domestically procured goods against each authorisation as prescribed in Appendix 4H. These records are required to be sent to Regional Authority concerned along with request for bond waiver / redemption / discharge of export obligation / transferability. Such records should be preserved for a period of at least three years from date of redemption. 4. .57 Maintenance of proper accounts of import and its utilisation- Original DFIA holder shall maintain a true and proper account of consumption and utilisation of duty free imported / domestically procured goods against each authorisation as prescribed in Appendix 4H. These records are required to be filed online to Regional Authority concerned along with request for bond waiver / transferability.

Effect of this Public Notice: With this Public Notice –

i. Para 4.41 of Handbook of Procedures 2015-20 is amended to allow only one revalidation for a period of 12 months to Advance Authorisations issued on or after 15.08.2020 (instead of 2 revalidation of 6 months each, provided earlier).
ii. Para 4.51 and 4.57 of Handbook of Procedures 2015-20 are amended to allow submission of record in online mode.

[Issued from File No. 01/94/180/492/AM20/PC-4]

(Amit Yadav)
Director General of Foreign Trade
Ex-Officio Additional Secretary to the Government of India
Email: dgft@nic.in

       

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: 20-01-2022
Notification No.04 /2022 - Customs (N.T.)
Exchange rate Notification No.04/2022-Cus (NT) dated 20.01.2022-reg

Date: 06-01-2022
Notification No.02 /2022 - Customs (N.T.)
Exchange rate Notification No.02/2022-Cus (NT) dated 06.01.2022-reg

Date: 03-01-2022
Notification No.01/2022 - Customs (N.T.)
Exchange rate Notification No.01/2022-Cus (NT) dated 03.01.2022-reg

Date: 30-12-2021
Notification No.106/2021 - Customs (N.T.)
Exchange rate Notification No.106/2021-Cus (NT) dated 30.12.2021.

Date: 28-12-2021
Notification No.105/2021 - Customs (N.T.)
Exchange rate Notification No.105/2021-Cus (NT) dated 28.12.2021.

Date: 27-12-2021
Notification No.104/2021 - Customs (N.T.)
Exchange rate Notification No.104/2021-Cus (NT) dated 27.12.2021.

Date: 24-12-2021
Notification No.103/2021 - Customs (N.T.)
Exchange rate Notification No.103/2021-Cus (NT) dated 24.12.2021-reg.

Date: 24-12-2021
Notification No. 54/2021-Customs
Seeks to further amend notification No. 46/2011-Customs dated 01-06-2011 to give effect to 13th tranche of preferential tariff as per ASEAN India Trade in Goods Agreement (AITIGA)

Date: 22-12-2021
Notification No.102/2021 - Customs (N.T.)
Exchange rate Notification No.102/2021-Cus (NT) dated 22.12.2021-reg.

Date: 21-12-2021
Notification No.101/2021 - Customs (N.T.)
Exchange rate Notification No.101/2021-Cus (NT) dated 21.12.2021-reg



Exim Guru Copyright © 1999-2022 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