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TMI BlogPolicy of import licenses - Import of rough marble blocks will be subject to conditions - Import Licensing Note No. (2) inserted at the end of Chapter 25,will be amended from dated 4th August, 2011.X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-14 , the Central Government hereby makes the following amendments in Schedule-I (Imports) to the ITC (HS) Classifications of Export and Import Items: 2. Import Licensing Note No. (2) inserted at the end of Chapter 25, will be amended to read as : Import of rough marble blocks will be subject to conditions laid down in Notification No. 64 dated 4 th August, 2011. 3.Conditions for import of marble. (A) The following Policy provisions will be applicable for import of Rough Marble Blocks for the financial year 2011-12. This will supersede earlier Policy /Guidelines for issue of import licenses of Rough Marble Blo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e) shape shall be subject to a floor price of US$ 325 per Metric Tonne (MT), which shall be endorsed on all licenses. III. Entitlement : The total import of Rough Marble Blocks under EXIM Code Nos. 25151100 and 25151210 will be subject to a ceiling of 5 lakh MT for the whole of the licensing year, 2011-12. Eligible units will be entitled for an import license on the basis of cumulative turnover ( indigenous or foreign) of atleast Rupees 5 crores of processed marble slabs/tiles only, over the previous five financial years 2005-06 to 2009-10. The quantity so calculated will however be subject to the overall ceiling of 3000 MT for the first gang saw and 1500 MT for every subsequent gang saw. IV. Actual User Condition: All lic ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith the documents prescribed to concerned RA. The following conditions would need to be followed and documentary proof submitted to concerned RA :- (a) The Marble gangsaw in the Unit should be in the name of the Unit and established on or prior to 31.3.2011, as certified by State Industry Department (District Industry Centre). The gang saw should not be on Lease from any other party. The marble gangsaw machine should have linear movement and should have minimum 60 steel blades impregnated with diamond segments and be used only for cutting marble blocks into slabs; (b) SSI/SIA Registration Certificate should show the Unit being in operation on or prior to 31.3.2006; (c) he list of equipments / capital goods (other than Marble ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... er clarified that the turnover will include the net sales after deducting the sales returns from the gross sales. It is also clarified that the turnover of the applicant only shall be taken into consideration and the turnover of group concerns/ sister concerns/ subsidiaries etc. shall not be counted for calculating the turnover. (i) The applicant must not be on DEL (Denied Entities List). (j) In case any applicant/ firm is found to have furnished wrong/ false information or made any misrepresentation, then it shall be debarred from the allocation for import of marble and also liable for penal action under the provisions of FTD R Act 1992,as amended. 3. The last date for receipt of hard copy of application with complete docume ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ils of Applicant Line 13 : Name of the Applicant (in whose name IEC has been issued) (Example : ABC Exports) Line 14 : l Exact Postal Address Line 15 : l (Example: D-402, 1 st Floor, Line 16 : l Karim Nagar, New Delhi- 110010) Line 17 : Phone Number(s) with STD Code (Example: 011-23456789) Line 18 : Fax Number (Example: 011-23456793) Line 19 : E-mail (Example : [email protected]) Line 20 : Alternative E-mail (Example : [email protected]) (Application must be from one of these two E-mails) Line 21 : Name of the authorised person sending the application (Example : Ashok Bhalla) Line 22 : E-mail of the authorised person(Example : ashokbhalla@gm ..... X X X X Extracts X X X X X X X X Extracts X X X X
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