PN 84/2006 (RE-05) IN FORCE Advance Authorisation 2006-01-23

PN 84/2006 (RE-05)

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(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY) (PART­I, SECTION­I)   GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE UDYOG BHAWAN   PUBLIC NOTICE No.   84  /(RE­2005)/2004­2009  NEW DELHI:  DATED  THE     23rd  JAN’ 2006   In exercise of powers  conferred under Paragraph 2.4 of the Foreign Trade Policy 2004­2009, the Director  General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol.I:   1 At the end of the first sub­paragraph of Paragraph 4.4.3, the following sentence shall be added:­     “Further, duty free import of spices ( covered by chapter 9 of the ITC (HS) Classifications of Export & Import Items, 2004­09) for export under advance licence scheme shall be permitted only for value addition purposes like crushing/grounding/sterilization or for manufacture of oils and oleoresins and not for simple cleaning, grading, re­packing etc”.   2 At the end of paragraph 4.7, the following   sentence shall be added:­     “Further, duty free import of spices (covered by chapter 9 of the ITC (HS) Classifications of Export & Import Items, 2004­09) for export under advance licence scheme shall be permitted only for value addition purposes like crushing/grounding/sterilization or for  manufacture of oils and oleoresins and not for simple cleaning, grading, re­packing etc”.   3 At the end of the first sub­paragraph of Paragraph 4.22,  the following sentence shall be added:     “In case of Spices  ( covered by chapter 9 of the ITC

(HS) Classifications of Export & Import Items, 2004­09), the  export  obligation shall be fulfilled within a period of  90 days from the date of receipt of the first import consignment i.e. the date on which the first import consignment is cleared  by the customs authorities against the licence”.   4 At the end of para 6.7(c), the following shall be added:­     “Similarly, export obligation against import of  (covered by chapter 9 of the ITC (HS) Classifications of Export & Import Items, 2004­09)  shall be fulfilled within a period of 90 days from the date of receipt of the first  import consignment i.e. the date on which the first import consignment is cleared by the customs authorities”.   5 In  Appendix  14­I­C  “Sector specific requirements for EOU/SEZ Units”,  after  Sl.  No.  9,  the  following  shall  be added:­    “10. Spices  ( covered by chapter 9 of the ITC (HS) Classifications of Export & Import Items, 2004­09)       (i) Duty free import of spices for export shall be permitted only for value addition purposes like crushing/grounding/sterilization or for    manufacture of oils and oleoresins and not for simple cleaning, grading, re­packing etc.     (ii) A minimum value addition of 15% shall have to be fulfilled”.   This issues in the Public interest.                                    ( K.T. CHACKO) DIRECTOR GENERAL OF FOREIGN TRADE EX OFFICIO ADITINOAL SECRETARY TO THE GOVERNMENT OF INDIA

(Issued from F.No. 01/92/180/20/AM.06/PC­II)

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