PN 67/2008 (RE-08) IN FORCE EPCG 2008-08-20

Amendments in the Hand Book of Procedures Vol. 1

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TO BE PUBLISHED IN THE GAZETTE OF  INDIA EXTRAORDINARY (PART­I, SECTION­I)   GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE                        PUBLIC NOTICE NO. 67 (RE­2008)/2004­09 NEW DELHI: the  20th   August, 2008             In exercise of powers conferred under para 2.4 of the Foreign Trade Policy, 2004­09, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol.I) (RE­2008):   1.                  The following paragraph added after paragraph 5.11.3  vide Public Notice No.26(RE­2008)/2004­2009 Dated 3rd June 2008 stands amended to read as under:   “Whenever  a  ban/restriction  is  imposed  on  export  of  any  product,  export  obligation  period  in  respect  of  EPCG authorizations already issued prior to imposition of ban/restriction of such export products, would stand automatically extended for a period equivalent to the duration of ban/restriction, without any composition fee and exporter would not be required to fulfill average E.O. as well, for the ban/restriction period”.    This issues in public interest.                                                                                                                  Sd/­                                                                            (R.S.Gujral)                                                        Director General of Foreign Trade               And Ex­Officio additional Secretary to the Govt. of India     (F.No.01/36/218/26/AM09/Pol. V /EPCG.I)

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