Chapter 1 - INTRODUCTION - Foreign Trade Procedure (RE - 2007)/ 2004-09

CHAPTER-1 INTRODUCTION Notification 1.1 In pursuance of the provisions of paragraph 2.4 FTP, the Director General of Foreign Trade (DGFT) hereby notifies the compilation known as HBP v1, HBP v2 and Schedule of DEPB rates. 1 [These compilations, as amended from time to time, shall remain in force until 31st March, 2009 except DEPB scheme which shall continue to be operative till further orders.] Objective 1.2 Objective is to implement provisions of FT (D R) Act, Rules and Orders made thereunder and FTP (2004-09) by laying down simple, transparent and EDI compatible procedures which are easy to comply with and administer for efficacious management of foreign trade. Definition 1.3 For purpose of this Handbook, definitions and glossary contained in FT (D R) Act, Rules and Orders made thereunder and the FTP (2004-09) shall apply. ------------------------------- Notes : 1. Amended vide PUBLIC NOTICE NO. 134 (RE-2007)/2004-2009 dated 29-3-2008 , before it was read as, " These compilations, as amended from time to time, shall remain in force until 31st March, 2009 except DEPB scheme which shall continue till 31st March, 2008". This sentence was earlier amended vide Public Notice No. 30 (RE-2007)/2004-2009 dated 26/7/2007 before it was read as, "These compilations, as amended from time to time, shall remain in force until 31st March, 2009."