Policy Circular No. 16 dated 1^st August 1997

Attention is invited to the entry at S. No.29 of Schedule 2 Appendix 1 of the book titled "ITC (HS) Classifications of Export and Import Items, 1997-2002".

2. It has been decided to release a ceiling of 5000 (Five thousand) MTs of Powder Milk (Skimmed or full cream/ whole or Infant Milk Food) for export during the current licensing year of 1997-98 of the ceiling of 5000 (Five thousand) MTs of Powder Milk. A quantity of 1250 MT of SMP will be earmarked for issue of RCAC's to eligible exporter holding EPCG licence with an Export Obligation to be fulfilled against the same by exporting Powder Milk (Skimmed or full cream/ whole and Infant Milk Food). The above ceiling is placed at the disposal of Agricultural & Processed Food Products Export Development Authority (APEDA) who will issue the Registration-cum-Allocation Certificate (RCACs) as per procedure to be specified by them.

3. APEDA will ensure that the overall ceiling earmarked for Powder Milk shall not exceed the limit of 5000 MTs for the current licensing year of 1997-98 under any circumstances As soon as the ceiling is exhausted, APEDA will report this fact to the Ministry of Commerce, EP (Agri.lll) Section as well as to this office.

4. A Trade Notice may be issued for the information of the Trade and five copies thereof may be sent to this office for record.

5. APEDA shall furnish a monthly statement indicating the full details such as name of the exporter, quantity allowed, FOB value and destination to the Ministry of Commerce, EP (Agri.lll) Section with a copy to the Director of Statistics of this office.