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TMI BlogScope and coverage of goods imported under Target Plus Scheme clarificationX X X X Extracts X X X X X X X X Extracts X X X X ..... te : 23/05/2007 Public Notice No. 22/2007 Sub : Scope and coverage of goods imported under Target Plus Scheme clarification reg. Attention of importers, exporters, CHAs and trade in general is drawn to Circular No. 21/2007 Cus, dt. 08.05.2007 issued by the Ministry / CBEC on the subject mentioned above. 1. The Target Plus Scheme (TPS) for th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the goods imported against it shall not be transferred or sold. 2. It has been brought to the notice of the Ministry by the trade that some exporters had obtained duty credit certificates against exports of rice and using these certificates they have imported almonds which, after removal of the shells, have been sold in the market without payment of duty. As dry fruits / almonds cann ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and use mentioned in the Policy. The MOL has categorically stated that the addition in Para 3.2.5 (II) of the HBP is to facilitate the search for inputs and use and any interpretation so as to dissociate the import from the inputs and use in the export goods would make it ultra vires the FTP. The MOL has further stated that the words inputs and use can not be brushed aside and have to be in focus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ve and framework of the scheme. 4. In the light of this, the Ministry of Law has clarified that the holder of TPS certificate is permitted to import and item under the TPS and get the same processed into possible resultant products only if the same has a broad nexus with the product group as an input in the export product and is required to be used as an input in the product exported ..... X X X X Extracts X X X X X X X X Extracts X X X X
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