9911796707
TMI BlogAmendment in H.B. Vol. IX X X X Extracts X X X X X X X X Extracts X X X X ..... nded to read as under :- Letter of permission (LOP)/Letter of intent (LOI) issued to EOU/EPZ/EHTP/STP units by the concerned authority would be construed as a licence for all purposes, including for procurement of raw materials and consumables either directly or through canalizing agency. Standard format for LOP/LOI for EOU/EPZ units is given in Appendix 16-D and for Trading/Service units in Appendix 16-DD. Standard format for LOP/LOI for SEZ units is given in Appendix 16-K. 4. The paragraph 9.6 shall be amended to read as under :- The LOP/LOI shall specify the items of manufacture/service activity, annual capacity, projected annual export performance (EP) for the first five years in dollar terms, Net Foreign Exchange Earnings as a Percentage of Exports (NFEP), limitations, if any, regarding sale of finished goods, by-products and rejects in the DTA and such other matter as may be necessary and also impose such conditions as may be required. In case of any change in approved activity of undertaking any new activity by SEZ units, the Development Commissioner shall issue amended LOP within six days on receiving intimation from the unit. 5. The paragraph 9.10 (d) shall be amended t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Department. However, export of such products from the job worker's premises shall not be allowed through third parties as provided for under paragraph 9.11 of the Policy. (b) In case of sub-contracting of production in the DTA in terms of paragraph 9.38 of the Policy, a sample of the export product being subcontracted shall be sent in advance to the jurisdictional Excise Officer of the sub-contractor in the DTA. (c) In case of SEZ units undertaking job work for export on behalf of DTA unit in terms of para 9.38 of the Policy, the finished goods shall be exported directly from the SEZ unit and export documents shall be in the name of DTA unit. 12. The guidelines for monitoring the performance of EOU/EPZ/SEZ units as contained at pages "App. 116/117" of Appendix-16E shall be amended as per the Annexure-I to this Public Notice. 13. The Appendix-16H shall be amended as per the Annexure-II to this Public Notice. 14. The Appendix-16J shall be added in the Handbook (Vol.1) as per the Annexure-III to this Public Notice. This issues in public interest. Sd/- (N.L. Lakhanpal) Director General of Foreign Trade Issued by: Government of India Ministry of Commerce Industry, New Delhi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unit has imported inputs and failed to fulfil the conditions of LOP with regard to NFEP/EP, appropriate steps are to be taken for penal action after issuing Show Cause Notice to the units. Steps may also be initiated for cancellation of LOP/LOA of units which is not operating for more than a year; 5. The Minimum export obligation expressed as minimum FOB value of exports shall be as per the norm for the 5 year period for various sectors given in Appendix-I of Exim Policy from time to time; 6. NFEP is to be calculated as per Para 9.29 of Exim Policy. For purpose of uniformity, guidelines for calculation of NFEP given in Annexure - I, may be followed; and 7. Annual monitoring in the cases of old units which have completed more than five years will be evaluated cumulatively for the last five years (seven years for units with investment of Rs. 200 crores or above) only. In case a unit has completed less than five years from the date of commencement of commercial production it will be monitored for the number of completed years. However, units which have not completed one year, from the date of commercial production, need not be monitored. 8. Development Commissioner will monitor F ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oods/services supplied in the Domestic Tariff Area against advance licences and special duty free entitlements. 8. Value of goods transferred to other SEZ/EPZ/EOU/EHTP/STP units under inter-unit transfer. 9. CIF value of imported raw materials lying in stock at the close of the last quarter/month. 10. Positive Net Foreign Exchange Earning as per the Formula indicated in paragraph 17.25 of the Handbook excluding the CIF value of imported raw materials lying in stock at the end of last quarter/month. (S.No. 8 above) Other details (Value in Rupees) 11. Sale of goods effected in DTA, if any, till last quarter/month 12. Sale of rejects in the DTA, if any, till last quarter/month 13. Sale of waste/scrap/remnants, if any, till last quarter/month 14. Goods exported without GR form under intimation to the Development Commissioner of SEZ such as (i) imported goods found defective for the purpose of replacement by foreign suppliers or collaborators, imported goods on loan basis, export of free samples, surplus goods imported fr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Pin Code ______________________________ Tel. No. ______________________________ Fax No. ______________________________ E-Mail No. ______________________________ II. Nature of the Applicant Firm: (Please tick (ü) the appropriate box) 1. Government undertaking 2. Public Limited Company 3. Private Limited Company 4. Proprietorship 5. Partnership 6. Others (please specify) III. Indicate Whether this Proposal is for (Please tick (ü) the appropriate box) 1. Establishment of a New Undertaking, for manufacturing/Trading/Service 2. Effecting Substantial Expansion of the app ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Import CIF Value ________________________ (iii) Total (I) + (ii) ________________________ VIII. Whether Foreign Technology Agreement is envisaged (please tick (ü) the appropriate box) Yes _____________ No _____________ (I) Name and Address of foreign collaborator _________________________ (Rupees lakhs) (ii) Terms of collaboration (Gross of Taxes) (a) Lumpsum payment ________________ (b) Design Drawing fee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ________________ (d) Total (a+b(i+ii)+c equity) ________________ ________________ (e) (iii) External commercial Borrowing _______________ ________________ Foreign Exchange Balance sheet $ 1st 2nd 3rd 4th 5th Total 5 Yrs X. FOB value of exports in first five years XI. Foreign Exchange outgo on (i) Import of machinery (ii) Import of raw materials and components (iii) Import of spares and consumables (iv) Repatriation of dividends and profits to foreign collaborators ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Supervisory ----------------------- ----------------------- b) Non-supervisory ----------------------- ----------------------- XV. NET FOREIGN EXCHANGE EARNING Percentage Positive Foreign Exchange earning in five year in terms ----------------------- of paragraph 16.4 of the policy ----------------------- XVI. MARKETING a) Whether marketing tie-up/Buy-back envisaged/ -------------------- --------------- finalized?(Attach documents, if any) -------------------- --------------- Yes No G.C.A. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Name in Block Letters _________________________ Designation________________ Official Seal/Stamp___________ Full Official Address : ............................... ............................... Full Residential Address : ............................... ............................... UNDERTAKING I/We hereby declare that the above statements are true and correct to the best of my/our knowledge and belief. I/we will abide by any other condition which may be stipulated by the concerned Development Commissioner of S ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
