GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
PUBLIC NOTICE No. 126 (RE-2008)/ 2004-2009
NEW DELHI: the 6th January, 2009
In exercise of powers conferred under Para 2.4 of the Foreign Trade Policy,
2004-09, the Director General of Foreign Trade hereby makes the following
amendments in the Handbook of Procedures (Vol.I) (RE-2008):
- The provisions related to grant of extension in export obligation for the
first two years given in paragraph 5.11 are amended to read as under:
“Concerned Regional Authority may consider request for grant of first extension
in E.O. period on payment of composition fee equal to 2% of proportionate duty
saved amount on unfulfilled export obligation or an enhancement in export
obligation imposed to the extent of 10% of total export obligation imposed under
authorization, as the case may be at the choice of exporter, for each year of
extension sought. Such first extension in EO period can be for a maximum period
of two years”.
- All other provisions of Para 5.11 remain unchanged.
- This issues in Public interest.
(R. S. Gujral)
Director General of Foreign Trade and
ex-officio Additional Secretary to the Government of India
(Issued from F.No. 01/36/218/56/AM09/Pol.V/EPCG.I)