|
Government of India
Ministry of Commerce and Industry
Department of
Commerce
Directorate General of Foreign Trade
TRADE NOTICE NO. 19/2018
Dated: 25th October, 2017
To
All RA’s of DGFT
All Customs Commissionerates Members of Trade
Subject: Implementation of Notification No. 22 dated 21st Aug, 2017- reg.
Reference is invited to Notification No. 22 dated 21.8.2017 amending the
import policy of Beans of the species Vigna mungo (L.) Hepper or Vigna radiata
(L.) Wilczek (moong/ urad dal) under Chapter 7 of the ITC (HS) 2017 on the above
subject.
2. Representations have been received indicating that some firms
have entered into contracts prior to 21.8.2017 for import of moong / urad dal
with either (i) advance payment, or (ii) some advance payment and rest amount
payable in Cash against Documents (CAD), or (iii) 100% CAD.
3. The matter
has been considered and the Director General of Foreign Trade, in exercise of
powers under Para 2.58 of the Foreign Trade Policy (2015-20), by relaxing the
provisions of Para 1.05, hereby allows registration of such Contracts with the
Regional authorities of DGFT for import of Moong/Urad Dal, wherein advance
payment had been made (full or in part) prior to 21.8.2017 and for which a
contract/ purchase invoice and payment details certified by the bank are
available.
4. Further, in relaxation of the provision of time limit for
registration of contracts, as in Para 1.05 of FTP, such contracts must be
registered with the Jurisdictional Regional Authorities headed only by the
Additional DGFTs, latest by 31st October, 2017 (5.00 p.m.). Applicants seeking
relaxation in Para 1.05 of FTP (2015-20) may submit their application to the
jurisdictional RAs headed by Addl. DGFT, for registration of their contracts
wherein advance payment had been made prior to 21.8.2017, by making payment of
Rs 2000/- as application fee for seeking relaxation in Policy/procedure, as per
Appendix 2K.
5. Accordingly, such contracts shall be registered by the
Zonal RAs e Chennai, Delhi, Kolkata, Mumbai and RAs of Ahmedabad, Bangalore,
Hyderabad and Ludhiana as per their jurisdiction, only after duly verifying that
firms have entered into contracts prior to the date of issuance of the
notification and where advance payments have been made against a contract/
purchase invoice and where the payment objective/ intent is clearly mentioned in
the payment transaction document by the bank concerned as import of Moong/Urad
Dal. The registration will be permitted only with the approval of the Head of
Office.
(S. P. Roy)
Joint Director General of Foreign Trade
E-mail:
[email protected]
[Issued from File No. M-5012/300/2002-PC 2(A)]
|