Date: |
15-06-2006
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Notification No: |
DGFT Notification No 13/2006
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Issuing Authority: |
DGFT
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Type: |
Notification
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File No: |
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Subject: |
DGFT amends policy to allow benefits for intermediate supplies against Advance Authorisation / DFRC
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S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992) read with Paragraph 1.3 of the Foreign Trade Policy, 2004-2009 as amended from time to time, the Central Government hereby makes the following amendments in the Foreign Trade Policy:
1. Paragraph 8.2 (a) and 8.3 (a) stands amended as follows:
�Supply of goods against Advance Authorisation/Advance Authorization for Annual Requirement/DFRC/DFIA.�
2. Paragraph 8.4.1 (i) stands amended as follows:
�In respect of supplies made against Advance Authorisation/DFRC/DFIA in terms of Paragraphs 8.2 (a) of the Policy, the supplier shall be entitled to Advance Authorisation/DFRC/DFIA for intermediate supplies, as the case may be.�
3. Paragraph 8.4.1(ii) stands amended as follows:
�If the supplies are made against Advance Release Order (ARO) or Back to Back Letter of Credit issued against Advance Authorisation / DFIA in terms of Paragraphs 4.1.11 and 4.1.12 of the Policy, suppliers shall be entitled to the benefits listed in Paragraphs 8.3(b) and (c) of the Policy wherever is applicable.�
This issues in public interest.
( K.T. Chacko)
Director General of Foreign Trade
Ex-officio Addl. Secretary to the Govt. of India (Issued from File No.01/94/180/123/AM07/PC-I)
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