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Amendment in H.B. Vol.I

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..... PCG Committee as per the financial power given in table below. The applicant shall give an undertaking that in case the Hqrs. EPCG Committee disallows the capital goods including Jigs, Fixtures, Dies, Moulds and spares, the licence holder shall pay Customs duty together with 24% interest on such goods. The competent authority, after issuance of the licence, shall forward a copy of the application alongwith a copy of the licence to the Hqrs. EPCG Committee for its approval within 7 days of the issuance of the licence. CIF value Competent Authority Upto Rs.2 crore Regional Licensing Authority concerned Above Rs.2 crore and upto Rs.10 crore Zonal licensing authority concerned as given in Appendix- .....

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..... verification may be enhanced for a value originally applied for or as approved by the competent authority. In such cases of exporters who have not availed any licence under the Exim Policy but have exported in the preceding three licensing years, advance licence may be issued for a CIF value not exceeding average fob value in preceding three licensing year. ii) Such exporters shall be issued advance licence subject to furnishing 100% Bank Guarantee to Customs authority to cover exemption from customs duties. Specific endorsement to this effect shall be made in the licence/DEEC. iii) Such exporters shall be issued second and subsequent licences only after fulfilling 50% of the export obligation on previous licences. 4.The first sentence .....

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..... application form", a) The S.No.1 of the Application form for grant of duty free licence under Duty Exemption Scheme shall be amended to read as under: "Please see paragraph 7.3, 7.4, 7.5 and 7.6 of the Policy and paragraph 7.2, 7.3, 7.4, 7.5 and 7.11 of this Handbook (Vol.1)". b) The following shall be added at the end of S.No.6 of "Declaration/Undertaking" (This is applicable only for the applications under paragraph 7.5 of the Handbook (Vol.1). c) The following amendment shall be made under the heading "Documents to be enclosed with the application form". 1. Bank Receipt (in duplicate) /Demand Draft evidencing payment of application fee in terms of Appendix-34. 2.Self certified copy of valid RCMC. 3.Project Authority Certificat .....

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..... Appendix-27: a) column 4 against S.No.20 shall be amended to read as under West Bengal, Sikkim, Tripura, and Union Territory of Andaman and Nikobar. b) Column 4 against S.No.24 shall be amended to read as under: Meghalaya and Mizoram. 14. The following shall be added as paragraph 8 in Appendix 16-F: High Grade Iron Ore Proposal for export of high grade i.e 64% Fe Iron ore and above except iron Ore of Goa origin and Redi origin are presently canalized through MMTC and its export would be subject to annual quantity allocation by the Board of Approval. 15. The following shall be added as an agency under Appendix-32A: 22. SGS India Limited, Usha House 210, Okhla Industrial Estate, Phase-III New Delhi-110020 Tel: 011-6824178/182/781/941 .....

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