Amendments

(To be published in the Gazette of India Extraordinary Part-I Section-I) Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi - 110011 PUBLIC NOTICE NO. 16/2015-2020 New Delhi, Dated the 22 July, 2021 Subject: Amendments in Handbook of Procedures 2015-20- reg. In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 201S-2020, as amended from time to time, the Director General of Foreign Trade makes the following amendment in Hand Book of Procedures 201S-20: (i) Under Para 4.41 ofHBP 201S-20, a new sub-para (e) is added, as mentioned below: 4.41 Validity period for import and Revalidation of Authorisation (e) For Advance Authorizations issued on or after IS.08.2020 and not covered under

Para 4.41 (b) above, only one revalidation for twelve months from expiry date shall be

allowed. No further revalidation would be allowed for such authorisations. The provision for revalidation as under Para 4.41 (c) shall also not be applicable for such Advance Authorisations.Applications for any such revalidation may be submitted online to the concerned Regional Authority on or after 0l.08.2021. (ii) Existing Paras 4.S1 and Para 4.S7 are replaced with the new Paras as mentioned below: Existing Para 4.51 Maintenance of Proper Accounts Every Advance Authorisation holder shall maintain a true and proper account of consumption and utilisation of duty free imported 1 domestically procured goods against each authorisation as prescribed in Appendix 4H or 41, as applicable. These records are required to be sent to the concerned Regional Authority at the beginning of each licensing year for all those authorisations, which have been redeemed In previous .

, as applicable. These records are required to be sent to the concerned Regional Authority at the beginning of each licensing year for all those authorisations, which have been redeemed In previous . licensing year. However, these records in said format are required to be submitted for authorisations issued on or after l3-0S-200S. Such records should be preserved for a period of at least three years from date of redemption. New Para 4.51 Maintenance of Proper Accounts Every Advance Authorisation holder shall maintain a true and proper account of consumption and utilisation of duty free imported 1 domestically procured goods against each authorisation as prescribed in Appendix 4H or 41, as applicable. These records are required to be filed online at the beginning of each licensing year for all those authorisations, which have been redeemed in previous licensing year. The same may be submitted on the DGFT Website under Dashboard---- Repository->-

• CAiCE Repository.

licensing year for all those authorisations, which have been redeemed in previous licensing year. The same may be submitted on the DGFT Website under Dashboard---- Repository->-

• CAiCE Repository.

Existing Para New Para 4.57 Maintenance of proper accounts of import and its utilisation- Original DFIA holder shall maintain a true and proper account of consumption and utilisation of duty free imported I domestically procured goods against each authorisation as prescribed in Appendix 4H. These records are required to be sent to Regional Authority concerned along with request for bond waiver I redemption I discharge of export obligation I transferability. Such records should be preserved for a period of at least three years from date of redemption. Effect of this Public Notice: With this Public 4.57 Maintenance of proper accounts of import and its utilisation- Original DFIA holder shall maintain a true and proper account of consumption and utilisation of duty free imported I domestically procured goods against each authorisation as prescribed III Appendix 4H. These records are required to be filed online to Regional Authority concerned along with request for bond waiver I transferability. otice - 1.

Para 4.41

of Handbook of Procedures 2015-20 is amended to allow only one revalidation for a period of 12 months to Advance Authorisations issued on or after 15.08.2020 (instead of 2 revalidation of 6 months each, provided earlier). 11.

Para 4.51 and 4.57 of Handbook of Procedures 2015-20 are amended to allow

submission of record in online mode. '-<P -:-~ "2.:t..\ to1 h.c!»)...
(Amit Yadav) Director General of Foreign Trade Ex-Officio Additional Secretary to the Government of India Email: dgft@nic.in [Issued from File No. 01/94/180/492/AM20/PC-4]