Public Notice No. 55 dated 16^th February 2001

In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy 1997-2002, as notified in the Gazette of India extraordinary, Part-II Section 3, Sub section (ii) vide S.O. No.283 (E) dated 31.03.1997, the Director General of Foreign Trade hereby makes the following amendment in Handbook (Vol 1).(RE-00), 1997-2002.

The following shall be inserted as the third sub paragraph under paragraph 7.5:

Once the norms are fixed by ALC, the value limits mentioned above in the second subparagraph would not be applicable to advance licences issued under this paragraph. Such licences, subsequent to fixation of norms by ALC, may be enhanced to a value originally applied for or as decided by the competent authority. The value of the licences, deducted from the entitlement (i.e. Rs. 50 lakhs or 100% of the fob value of preceding year exports, whichever is more), shall be re credited upon fixation of norms by ALC.

Paragraph 15.17 is amended to read as under-

�Wherever any application for supplementary claim is received , within the specified time limits, such application may also be considered after imposing a cut @ 10% on the entitlement�.

The following correction shall be made in Appendix 28A

Product Group: Chemicals (Product Code No: 62)

The following entry is corrected as under:

4) The following additions are made under various State Heads in Appendix-51B:

KARNATAKA

4.        The Greater Mysore Chamber of Industry

           Sheriff Chambers�, 14 Cunningham Road, Bangalore � 560 052

           Tel. No: 91 80 2286080, 2286081-82, Fax No: 91 80 225 1475

MAHARASHTRA

14.      The All India Association of Industries,

98, Mittal Chamber, Nariman Point, Mumbai � 400 021

Tel. No: 202 3390

15.      Indo-Arab Chamber of Commerce & Industries,

           16, Maker Arcade, Ground Floor, Cuffe Parade, Mumbai � 400 005

           Tel. No: 2183889/ 2182057, Fax No: 2188221/ 2180848

TAMILNADU

11.      Indo-Australian Chamber of Commerce & Industries,

           Arjay Apex Centre, 3rd Floor, 24, College Road, Nungambakkam, Chennai � 600 006

UTTAR PRADESH

7.        Associated Chamber of Commerce & Industry of Uttar Pradesh,

           2/ 122, Vijay Khand, Gomti Nagar, Lucknow � 226 010

           Tel. No: 301956-57, Fax No: 301958

5) S.No 34 of Appendix 27 stands amended to read as:

This issues in public interest.