Implementation of Notification No.22 dated 21.8.2017- reg. - DGFT - Trade Notice No. 19/2018

Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade 25th October, 2017 TRADE NOTICE NO. 19/2018 To 1. All RA s of DGFT 2. All Customs Commissionerates 3. Members of Trade Subject: Implementation of Notification No.22 dated 21.8.2017- reg. Reference is invited to Notification No. 22 dated 21.8.2017 amending the import policy of Beans of the species Vigna mungo (L.) Hepper or Vigna radiata (L.) Wilczek (moong/ urad dal) under Chapter 7 of the ITC (HS) 2017 on the above subject. 2. Representations have been received indicating that some firms have entered into contracts prior to 21.8.2017 for import of moong / urad dal with either (i) advance payment, or (ii) some advance payment and rest amount payable in Cash against Documents (CAD), or (iii) 100% CAD. 3. The matter has been considered and the Director General of Foreign Trade, in exercise of powers under Para 2.58 of the Foreign Trade Policy (2015-20) , by relaxing the provisions of Para 1.05, hereby allows registration of such Contracts with the Regional authorities of DGFT for import of Moong/Urad Dal, wherein advance payment had been made (full or in part) prior to 21.8.2017 and for which a contract/purchase invoice and payment details certified by the bank are available. 4. Further, in relaxation of the provision of time limit for registration of contracts, as in Para 1.05 of FTP, such contracts must be registered with the Jurisdictional Regional Authorities headed only by the Additional DGFTs, latest by October, 2017 (5.00 p.m.). Applicants seeking relaxation in Para 1.05 of FTP (2015-20) may submit their application to the jurisdictional RAs headed by Addl. DGFT, for registration of their contracts wherein advance payment had been made prior to 21.8.2017, by making payment of ₹ 2000/- as application fee for seeking relaxation in Policy/procedure, as per Appendix 2K. 5. Accordingly, such contracts shall be registered by the Zonal RAs i.e Chennai, Delhi, Kolkata, Mumbai and RAs of Ahmedabad, Bangalore, Hyderabad and Ludhiana as per their jurisdiction, only after duly verifying that firms have entered into contracts prior to the date of issuance of the notification and where advance payments have been made against a contract/ purchase invoice and where the payment objective/ intent is clearly mentioned in the payment transaction document by the bank concerned as import of Moong/Urad Dal. The registration will be permitted only with the approval of the Head of Office. (S. P. Roy) Joint Director General of Foreign Trade E-mail: [email protected] [Issued from File No. M-5012/300/2002-PC 2(A)]