PN 18/2024

(TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY

PART-I SECTION-I)

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|Government|of India|,|
|Ministry|of|Commerce &|Industry|
|Department of Commerce|
|Directorate|General|of Foreign|Trade|
|Vanijya Bhawan, New|Delhi|
|Public|Notice|No.|18/2024|
|New|Delhi,|Dated:|22" August,|2024|

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Subject: Amendments of para 4.49(g) under Chapter 4 of the Handbook of Procedures, 2023, to reduce Compliance Burden and enhance Ease of doing Businessreg.

In exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following amendments in Chapter 4 of the Handbook of Procedures, 2023 with immediate effect:

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No. | No. l 4.49 |The Authorisation holder shall|The Authorisation holder shall g(i) |submit documents showing|submit documents showing consumption of full imported|consumption of full imported quantity as per norms. In case,|quantity as per norms. In case, there is shortfall in fulfilment of|there is shortfall in fulfilment of Export Obligation and unutilized|Export Obligation and unutilized imported quantity remains with the|imported quantity remains with authorisation holder, the|the authorisation holder, the Authorisation holder shall submit a| Authorisation holder shall submit self declaration along with the/a self declaration along with the Charted Accountant’s certificate|Charted Accountant’s certificate regarding destruction of the/regarding destruction of the unutilized duty free imported|unutilized duty free imported ~|material accompanied by an|material accompanied by | an affidavit-cum-indemnity bond| affidavit-cum-indemnity bond indemnifying the Government for|indemnifying the Government for any harm or loss occurring due to| any harm or loss occurring due to diversion of such imported/diversion of such imported material from unregistered sources | material from unregistered sources into domestic market that may be|into domestic market that may be detected in future by any authority,|detected in future by any or proof of re-export of the same/| authority, or proof of re-export of

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Para 4.42 of HBP. HBP. ae 4.49 |Exports made under free shipping Exports made under any shipping g (ii) | bills/under same authorisation after | bills /under the same expiry of Export Obligation period | authorisation after expiry of using unutilized quantity of drugs | Export Obligation period using shall also be accepted in-lieu of} unutilized quantity of drugs shall submission of destruction|also be accepted in-lieu of certificate as stated in para (i)| submission of destruction above, provided the exact certificate as stated in para (i) description and technical|above, provided the exact characteristics of the drug exported| description and technical matches with that of export item| characteristics of the drug described in the | Advance|exported matches with that of Authorisation. | However, the|export item described in the Authorisation holder shall pay|Advance Authorisation. However, customs duty with applicable/ the Authorisation holder shall pay interest to the Custom Authority|customs duty with applicable on unutilized quantity imported| interest to the Custom Authority under Advance Authorisation. The|on unutilized quantity imported exports made outside Export under Advance Authorisation. Obligation period shall only be Such exports shall only be considered for waiver of|considered _ for waiver of destruction certificate and not for| destruction certificate and not for waiver of liability of applicable| waiver of liability of applicable duties and interest. duties and interest.

Effect of the Public Notice: Para 4.49 (g) (i) and Para 4.49 (g) (ii) of Chapter 4 of the Handbook of Procedures 2023, have been amended by inclusion of all types of Shipping Bills in lieu of Destruction Certificate and simplified provision for re-export of un-utilized drugs removing the need to re-export to the same supplier, for ease of doing business and reduction of compliance burden.

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(Santosh Kumar Sarangi) Director General of Foreign Trade Ex-officio Addl. Secretary to the Government of India e-mail: dgft@nic.in

(Issued from File No. 01/94/1 80/043/AM25/PC-4)