Amendments in Import Policy - Chapter 68 - 50 (RE-2008)/2004-2009 - Foreign Trade Policy

Amendments in Import Policy - Chapter 68 NOTIFICATION NO. 50 (RE-2008)/2004-2009 DATED 23/10/2008 S.O. (E) - In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy - 2004-09, the Central Government hereby amends Schedule - I (Imports) of the ITC (HS) Classifications of Export and Import Items, 2004-09 as under: 1. Import Policy for the following items will be amended as follows: Exim Code Item Descriptions Policy Policy conditions 68021000 Tiles,cubes…powder Free Import permitted freely provided cif value is US$ 50 above per square metre except, in case of import of the product from Nepal. However, the said exemption shall be applicable only on such imports, which have been processed/ manufactured out of marble mined in Nepal. The facility will not be available on products which have been manufactured/ processed in Nepal using imported marble. 68022110 Marble blocks/tiles Free Import permitted freely provided cif value is US$ 50 above per square metre except, in case of import of the product from Nepal. However, the said exemption shall be applicable only on such imports, which have been processed/ manufactured out of marble mined in Nepal. The facility will not be available on products which have been manufactured/ processed in Nepal using imported marble. 68022120 Marble monumental block Free Import permitted freely provided cif value is US$ 50 above per square metre except, in case of import of the product from Nepal. However, the said exemption shall be applicable only on such imports, which have been processed/ manufactured out of marble mined in Nepal. The facility will not be available on products which have been manufactured/ processed in Nepal using imported marble. 68029100 Marble, Travertine Allabaster Free Import permitted freely provided cif value is US $ 50 above per square metre except, in case of import of the product from Nepal. However, the said exemption shall be applicable only on such imports, which have been processed/ manufactured out of marble mined in Nepal. The facility will not be available on products which have been manufactured/ processed in Nepal using imported marble. 2. The above amendments will be effective retrospectively, from 30th June, 2008. 3. This issues in public interest. Sd/- (R.S. Gujral) Director General of Foreign Trade and Ex-officio Additional Secretary to the Govt. of India (Issued from F.No. 01/89/180/Misc. 06/AM08/PC-2(A)