Powered by InfodriveIndia.com

Operationalisation of provisions of Para 5.11.2 of Hand Book of Procedure Vol.-1 (2009-14) [RE: 2012], DGFT Policy Circular No 09(RE-2012)/2009-14, 27-12-2012


Date: 27-12-2012
Notification No: DGFT Policy Circular No 09(RE-2012)/2009-14
Issuing Authority: DGFT  
Type: Circular
File No: File No. 01/36/218/117/AM-13/EPCG-I
Subject: Operationalisation of provisions of Para 5.11.2 of Hand Book of Procedure Vol.-1 (2009-14) [RE: 2012]
 

Government of India
Ministry of Commerce and Industry
Department of Commerce
(Directorate General of Foreign Trade)
[ISO 9001:2008 Certified Organisation]
Udyog Bhawan, H-Wing, Gate No. 2,
Maulana Azad Road, New Delhi-110011
Tel. (EPBAX No.): 011-23061562
Fax No: 011-2306 2225
Web Site: http://dgft.gov.in
E-mail:
dgft@nic.in

Policy Circular No. 9(RE-2012)/2009-14

Dated 27/12/2012

To,

All Regional Authorities/All Customs Authorities/FIEO/EEPCS/All Concerned

Subject: Operationalisation of provisions of Para 5.11.2 of Hand Book of Procedure Vol.-1 (2009-14) [RE: 2012]

Para 5.11.2 of the Hand Book of Procedure Volume – 1 (HBP V-I) permits re-fixation of Annual Average Export Obligation, in case the export in any sector/ product group decline by more than 5%. This implies that for the sector/product group that witnessed such decline in 2011-12 as compared to 2010-11, would be entitled for such relief.

  1.  A list of such product groups showing the percentage decline in exports during 2011-12 as compared to 2010-11 is enclosed.

  2.  All Regional Offices are requested to re-fix the annual average export obligation for EPCG Authorizations for the year 2011-12 accordingly. Reduction, if any, in the EO should be appropriately endorsed in the licence file of the office of RA as also in the Amendment Sheet to be issued to the EPCG Authorisation holder.

  3.  Regional Offices while considering requests of discharge of Export Obligation will ensure that in case of shortfall of Export Obligation Policy Circulars earlier issued in terms of Para 5.11.2 of HBP 2009-14 are also considered before issuance of demand notice etc. This stipulation should also form part of Check-Sheet for the purpose of EODC.

  4.  This issues with the approval of DGFT.

(Jaikant Singh)
Joint Director General of Foreign Trade
Tel. No. +91 11 2306 1562 / Ext. 223
E-mail:
jaikant.s@nic.in
(Issued from File No. 01/36/218/117/AM-13/EPCG-I)

Enclosure: List of Product Groups which experienced a decline in exports in 2011-12 as compared to 2010-11 (13 pages)

       


Enquiry Form

Fields marked with an asterisk * are required.

 




What is New?

Date: 17-12-2014
RBI/2014-15/360 A.P. (DIR Series) Circular No.51
Foreign Exchange Management (Deposit) Regulations, 2000 - Exemption thereof

Date: 17-12-2014
Customs Notification No 115/2014 (NT)
Amends Exchange Rate notfn. 113/2014-Customs (NT) effective from 18th December, 2014

Date: 16-12-2014
RBI/2014-15/357 A.P. (DIR Series) Circular No.49
Money Transfer Service Scheme – Delegation of work to Regional Offices-Submission of Statements / Returns

Date: 16-12-2014
RBI/2014-15/358 A.P.(DIR Series) Circular No.50
Rupee Drawing Arrangement – Delegation of work to Regional Offices-Submission of Statements / Returns

Date: 15-12-2014
Customs Notification No 114/2014 (NT)
Amends Notification No. 36/2001-Customs (N.T.), dated the 3rd August, 2001

Date: 11-12-2014
Customs Notification No. 33/ 2014
Grants exemption from the duties of Customs to goods imported for donation for the relief and rehabilitation of people affected by the floods in the State of Jammu and Kashmir.

Date: 11-12-2014
Customs Notification No. 48/2014-Customs (ADD)
Seeks to impose definitive anti-dumping duty on imports of Clear Float Glass originating in or exported from Pakistan, Saudi Arabia and United Arab Emirates (UAE).

Date: 11-12-2014
Customs Circular No 14/2014
Regarding adjudication of appraising related cases

Date: 11-12-2014
Central Excise Notification No 25/2014
Grants exemption from Basic Excise Duty to goods donated or purchased out of cash donations for the relief and rehabilitation of people affected by the floods in the State of Jammu and Kashmir

Date: 10-12-2014
DGFT Policy Circular No 14 (RE-2013/2009-14
Keeping in abeyance the Notification No.93 dt. 29.09.2014.