Date: |
18-01-2005
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Notification No: |
DGFT Public Notice No 46/2004 09
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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: |
Extension of export obligation period shall not be allowed in case of advance licence
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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 the Handbook of Procedures (Vol:-I) 2004-09 :
1. At the end of the first sub-paragraph of paragraph 4.22.1, the following should be added:
" However, the facility of extension of export obligation period shall not be allowed in case of advance licence wherein import of penicillin and its salts [ITC(HS) Code No. 29411010] and 6 - APA [ ITC(HS) Code No. 29411 050] have been allowed as an input. The licensing authority shall make an endorsement in the advance licence to this effect."
This issues in Public interest.
File No: 01/94/180/0009 /AM05/ PC IV
Sd/- (K. T. Chacko) Director General of Foreign Trade
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