Imposition of cut @ 10% on the entitlement for the applications for supplementary claims - DGFT - 55 (RE-00)/ 1997-2002

Imposition of cut @ 10% on the entitlement for the applications for supplementary claims PUBLIC NOTICE NO. 55(RE-00)/ 1997-2002 Dated 16-02-2001 . In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy 1997-2002, as notified in the Gazette of India extraordinary, Part-II Section 3, Sub section (ii) vide S.O. No.283(E) dated 31.03.1997, the Director General of Foreign Trade hereby makes the following amendment in Handbook (Vol 1).(RE-00), 1997-2002. The following shall be .inserted as the third sub paragraph under paragraph 7.5: Once the norms are fixed by ALC, the value limits mentioned above in the second subparagraph would not be applicable to advance licences issued under this paragraph. Such licences, subsequent to fixation of norms by ALC, may be enhanced to a value originally applied for or as decided by the competent authority. The value of the licences, deducted from the entitlement (i.e. Rs. 50 lakhs or 100% of the fob value of preceding year exports, whichever is more), shall be re credited upon fixation of norms by ALC. Paragraph 15.17 is amended to read as under- "Wherever any application for supplementary claim is received, within the specified time limits, such application may also be considered after imposing a cut @ 10% on the entitlement". The following correction shall be made in Appendix 28A Product Group: Chemicals (Product Code No: 62) The following entry is corrected as under : S.No: Description DEPB rates Value Cap 539 Metal fitted/Bonded/Un-bonded Rubber Part (Moulded/Extruded) including Engine Mounting and Automotive Part 16% 4) The following additions are made under various State Heads in Appendix-51B:- KARNATAKA The Greater Mysore Chamber of Industry Sheriff Chambers', 14 Cunningham Road, Bangalore - 560 052 Tel. No: 91 80 2286080, 2286081-82 Fax No: 91 80 225 1475 MAHARASHTRA The All India Association of Industries, 98, Mittal Chamber, Nariman Point, Mumbai - 400 021 Tel. No: 202 3390 Indo-Arab Chamber of Commerce Industries, 16, Maker Arcade, Ground Floor, Cuffe Parade, Mumbai - 400 005 Tel. No: 2183889/2182057 Fax No: 2188221/2180848 TAMILNADU Indo-Australian Chamber of Commerce Industries, Arjay Apex Centre, 3rd Floor, 24, College Road, Nungambakkam, Chennai - 600 006 UTTAR PRADESH Associated Chamber of Commerce Industry of Uttar Pradesh, 2/122, Vijay Khand, Gomti Nagar, Lucknow - 226 010 Tel. No: 301956-57 Fax No: 301958 5) S.No 34 of Appendix 27 stands amended to read as : Sl.No. Name Address Telegraphic/ Tel/ Tlx/ Fax No Territorial Jurisdiction 34 Development Commissioner/ Jt. Development Commissioner/ Deputy Development Commissioner/ Asstt Development Commissioner Gandhidham- Kachchh KAFTZ GANDHIDHAM Fax No : 02836-52250 Email:[email protected] Kutch District of Gujarat, Units situated in Kandla and Surat SEZ's and approved EOU's located in Gujarat This issues in public interest. (N.L.Lakhanpal) Director General of Foreign Trade