Amendment in Paragraph 4.23 of Handbook of Procedures, Vol.I, 2009-2014 - DGFT - 23/2009-2014

Amendment in Paragraph 4.23 of Handbook of Procedures, Vol.I, 2009-2014. (TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-I-SECTION-1) GOVERNMENT OF INDIA MINISTRY OF COMMERCE INDUSTRY DEPARTMENT OF COMMERCE PUBLIC NOTICE NO. 23/2009-2014 NEW DELHI : the 4th December 2009 In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14 the Director General of Foreign Trade hereby makes the following amendments/corrections in the Handbook of Procedures, Vol.I, 2009-2014 . At the end of paragraph 4.23 of HBP , the following clause shall be added: "In case of revalidation of advance authorization issued prior to 27.8.2009, it should be ensured that value addition is maintained at 15% (and as per details mentioned in para 4.1.6 of FTP ) or as stipulated in the advance authorization, whichever is higher." This ssues in public interest. Sd/- (R.S. Gujral) Director General of Foreign Trade and ex-officio Additional Secretary to the Government of India