Amendment in the provision of Clubbing (Para 4.20) in HBP Vol I(2009-14)..

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..... 0)/ 2009-14 New Delhi, the 13 th October, 2011 Subject: Amendment in the provision of Clubbing (Para 4.20) in HBP Vol I( 2009-14). In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-14 , the Director General of Foreign Trade hereby amends Para 4.20 of the Handbook of Procedures Vol I (2009-14) with immediate effect. Th .....

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..... risation provided imported inputs are properly accounted for as per norms. Value addition of the authorisations so clubbed shall be average of minimum value addition prescribed in FTP and Procedure laid thereunder, imposed on individual authorisations. Upon clubbing, authorisations shall, for all purposes, be deemed to be one Authorisation and thereafter shortfall, if any, shall be regularized in .....

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..... d before 31st March 2002 shall be allowed. No clubbing of erstwhile Value Based Advance licences shall be allowed. Effect of this Amendment: Regional Authorities (RAs) would now allow clubbing of Advance Authorisations. This is a decentralising measure. The exporters will not be required to approach DGFT Headquarters in cases covered under the above categories. Sd/- .....

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