Government of India
Ministry of Commerce and Industry
Department of Commerce
Directorate General of Foreign Trade
Public Notice No. 79 (RE-2010)/ 2009-14
New Delhi, the 13th October, 2011
Subject: Amendment in the provision of Clubbing (Para 4.20) in HBP Vol I(
2009-14).
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade
Policy, 2009-14, the Director General of Foreign Trade hereby amends Para 4.20
of the
Handbook of Procedures Vol I (2009-14) with immediate effect. The paragraphs
will read as follows:
| Para |
Proposed text |
| 4.20 |
Facility of clubbing shall be available only for
redemption / regularisation of cases and no further import or export
shall be allowed. For this facility, authorisations are required to have
been issued under similar Customs notification even pertaining to
different financial years. However, in case of Authorisations issued on
or after 1.4.2004, Advance Authorisations with different customs
notification can be clubbed. Advance authorisation for annual
requirement can also be clubbed with the advance authorisation. |
| 4.20.1 |
RA, under whose jurisdiction authorisation is issued
or DGFT(HQs) in other cases, shall consider a request in ANF 4D for
clubbing all imports and exports of more than one Advance Authorisation
provided imported inputs are properly accounted for as per norms. Value
addition of the authorisations so clubbed shall be average of minimum
value addition prescribed in FTP and Procedure laid thereunder, imposed
on individual authorisations. Upon clubbing, authorisations shall, for
all purposes, be deemed to be one Authorisation and thereafter
shortfall, if any, shall be regularized in terms of para 4.28 of HBP v1. |
| 4.20.2 |
DELETED |
| 4.20.3 |
Only such Advance Authorisations shall be clubbed
which have been issued within 36 months from the date of issue of the
earliest Authorisation that is sought to be clubbed, whether such
Authorisations are valid or not. |
| 4.20.4 |
Upon clubbing wherever exports are accounted beyond
the EO period of the earlier Authorisation, a composition fee of 0.5% of
the shortfall in EO shall be levied. |
| 4.20.5 |
Notwithstanding provisions of para 4.20.3 above,
clubbing of the Authorisations issued during Exim Policy period
1992-1997 & 1997-2002 i.e., 1st April 1992 to 31st March, 2002 be
allowed. This facility will be available only till 31st March 2012,
thereafter no clubbing of Authorisations issued before 31st March 2002
shall be allowed. No clubbing of erstwhile Value Based Advance licences
shall be allowed. |
Effect of this Amendment: Regional Authorities (RAs) would now allow clubbing
of Advance Authorisations. This is a decentralising measure. The exporters will
not be required to approach DGFT Headquarters in cases covered under the above
categories.
Sd/-
(Anup K. Pujari)
Director General of Foreign Trade
e-mail: [email protected]
(F.No. 01/94/180/234/AM 12/PC 4)