| Date: |
17-02-2016
|
| Notification No: |
Trade Notice No. 19/2015
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| Issuing Authority: |
DGFT
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| Type: |
Trade Notice
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| File No: |
F. No. 01/61/180/63/AM16/PC-3 |
| Subject: |
Clarification on availability of benefit under Focus Product Scheme on the export of item ` OMEPRAZOLE AND LANSOPRAZOLE`.
|
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Udyog Bhavyran, New Delhi
New Delhi, Dated the 17th February, 2016
Trade Notice No. 19/2015
TO
ALL IEC HOLDERS ALL EPCs
ALL CHAMBERS OF TRADE AND INDUSTRY
FEDERATION OF INDIAN EXPORT ORGANISATIONS
M/s J.B. Chemicals & Pharmaceuticals Ltd. New Delhi ALL RA's OF DGFT
Subject: Clarification on availability of benefit under Focus Product Scheme
on the export of item 'OMEPRAZOLE AND LANSOPRAZOLE'.
The product description appearing under ITC HS 30049034 mentioned at SI
No.472 of Appendix 37-D, Table-1 of Foreign Trade Policy 2009-14 which was placed
at serial no. 503 in Table 1 of Appendix 37 D as notified vide
public notice no.
52 dated 25.02.2014, is as under:
'OMEPRAZOLE AND LANSOPRAZOLE'
- DGFT has received representations stating that the bulk drugs
Omeprazole and Lansoprazole are two different export products but have the
same ITC HS code for availing FPS benefit under Foreign Trade Policy
2009-14. These products should be given different serial numbers in Table 1,
Appendix. 37D of HBP 2009-14. It is also stated that Omeprazole and
Lansoprazole are two different molecules with their different
identifications belong to group "Proton Pump Inhabitor". There is no
combination of these two bulk drugs under any brand name in the market.
- Department of Pharmaceuticals have been consulted who have clarified that this entry be interpreted as two specific entries containing finished dosage
forms based upon either Omeprazole or Lansoprazole used as the Active
Pharmaceuticals Ingredients rather than treating this entry as a formulated
product containing both of these bulk drugs.
- Accordingly all RAs are advised that while considering grant of Focus
Product Scheme benefit of Foreign Trade Policy 2009-14 under ITCHS 30049034
mentioned at SI No.472 of Appendix 37-D, Table-1 which was placed at serial
no. 503 in Table 1 of Appendix 37 D notified vide
public notice no. 52 dated
25.02.2014, the product whether omeprazole is exported or lansoprazole is
exported, it will be incentivised under FPS.
JOINT DIRECTOR GENERAL OFOREIGN TRADE
e-mail :jmquptaCthnic.in
(Issued from F. No. 01/61/180/63/AM16/PC-3 )
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