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Date: 23-08-2001
Notification No: DGFT SALC Circular No 1/2001
Issuing Authority: DGFT  
Type: SALC Circular
File No:
Subject: Issue of Advance Licences for import of Natural Rubber
Issue of Advance Licences for import of Natural Rubber

SALC Circular No. 1 dated 23rd August 2001

Attention of all licensing authorities is invited to SALC Circular No. 7/2000-01 dated 24.10.2000 and clarifications issued vide Circular No. 01/83/161/010/AM99/DES-IV dated 7.12.2000 on the above subject. It has been clarified to all licensing authorities that no direct import of Natural Rubber all kinds, would be allowed against any Advance Licence including DFRC and the same has to be necessarily procured from State Trading Corporation of India after the licence is made invalid for direct import.

2.     Representations have been received from exporters and Associations stating that STC has stopped supplying Natural Rubber against invalidated Advance Licence with effect from 1.4.2000. They have also requested for allowing direct import of Natural Rubber under Advance Licensing Scheme.

3.     The issue regarding allowing direct import of natural rubber under the Advance Licensing Scheme has been re-examined in detail in the Department of Commerce, in consultation with this Directorate but it has not been found possible to agree to the above request for allowing import of natural rubber under the advance Licensing Scheme including the DFRCs and the Annual Advance Licences. In view of this all licensing authorities are advised not to issue any duty Free Licence including DFRC, Advance Licence for Deemed Exports, Advance Intermediate Licence and the Annual Advance Licence for import of Natural Rubber.

4.     This issues with the approval of Director General of Foreign Trade.
       

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