Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Date: 03-06-2010
Notification No: DGFT Policy Circular No 35/2009-2014 DT.03/06/2010
Issuing Authority: DGFT  
Type: Circular
File No: 01/82/162/120/AM 11-DES.III
Subject: Inter-changeability of Pharmacopeia suffix USP/EP/BP/JP/IP with the export product for fulfillment of export obligation.

 

 (Issued from file No. No.01/82/162/120/AM 11-DES.III )

Government of India
Ministry of Commerce & Industry
Directorate General of Foreign Trade
New Delhi

Policy Circular No. 35 / 2009-14 Dated : 3rd June,2010.

Subject:-Inter-changeability of pharmacopeia suffix USP/EP/BP/JP/IP with the export product for fulfillment of Export Obligation.

PHARMEXCIL has represented that if an exporter has been issued an Advance Authorization for an export product suffixing one pharmacopoeia say USP and at the time of redemption of Advance Authorization, the exporter submits the export documents containing the export product suffixing another pharmacopoeia, say BP, the Zonal/Regional offices sometimes do not accept such exports towards fulfillment of export obligation. It has been suggested that the pharmacopoeia standard other than mentioned in the licenses should be considered towards fulfillment of export obligation, i.e., pharmacopoeia, viz., USP/EP/BP/JP may be treated as interchangeable.

2. The matter has been considered by the concerned Norms Committee. It was noted that General Note No.4 for ‘Chemical and Allied Products’ already existing in Hand Book of Procedure Vol. II reads as under:-

“In respect of drug items, export products have been described with/without suffix such as IP,BP,USP. While issuing licenses, suffix as such IP,BP,USP, depending upon the suffix used in the export order, may be added along with the description of the export product.”

3. From the above, it is seen that even if a firm does not use any suffix, they are allowed to export the product with suffix BP or JP or USP as the case may be. It is thus clarified here that if an advance authorization is issued for the export product suffixing pharmacopeia say USP, the export documents containing the export product suffixing any other pharmacopoeia, viz., BP or EP or JP or IP may also be accepted towards fulfillment of export obligation against relevant Advance Authorization. Thus pharmacopeia IP, BP, EP, JP, or USP may be treated as interchangeable for the purpose of fulfillment of export obligation.

4. This issues with the approval of Director General of Foreign Trade.

Sd/-

(Krishan Kumar)

Dy. Director General of foreign Trade

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 27-09-2023
Notification No. 69/2023-Customs (N.T.)
Notification to exempt deposits into ECL till 30th November 2023.

Date: 27-09-2023
Notification No. 70/2023-Customs (N.T.)
Exemption of deposits from the provisions of Section 51 of Customs Act, 1962-reg.

Date: 25-09-2023
NOTIFICATION No. 47/2023- Central Tax
Seeks to amend Notification No. 30/2023-CT dated 31st July, 2023

Date: 21-09-2023
Notification No. 68/2023 - Customs (N.T.)
Exchange Rate Notification No. 68/2023-Cus (NT) dated 21.09.2023-reg.

Date: 18-09-2023
Notification No. 46/2023-Central Tax
Seeks to appoint common adjudicating authority in respect of show cause notice issued in favour of M/s Inkuat Infrasol Pvt. Ltd.

Date: 15-09-2023
Notification No. 56/2023-Customs
Seeks to amend No. 19/2019-Customs

Date: 15-09-2023
Notification No. 30/2023-Central Excise
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude and reduce the Special Additional Excise Duty on export of ATF

Date: 15-09-2023
Notification No. 31/2023-Central Excise
dated the 30th June, 2022 , to reduce the Special Additional Excise Duty on export of Diesel.

Date: 15-09-2023
Notification No. 67/2023-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 14-09-2023
Notification No. 54/2023-Customs
seeks to amend notification no. 50/2017-Customs in order to amend various entries relating to Project Imports as a result of Project Import review.



Exim Guru Copyright © 1999-2023 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001