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August, 2008

 

Some of the Important Announcements of the Government  

duringAugust, 2008

 

DGFT

  1. Amendments/Corrections in the Input Output Norms in respect of product group – Engineering have been notified by Public Notice No. 55 (RE-2008)/2004-2009 dated 1st August, 2008.

  2. Public Notice No.56 (RE-2008)/2004-09 dated 1st August, 2008 makes the changes in Territorial Jurisdiction of Moradabad Licensing Authority by amending Appendix 1 (list of Regional Authorities and their jurisdiction).

  3. Public Notice No.57(RE-2008)/2004-09 dated 1st August, 2008 and Public Notice No.70 (RE-2008)/2004-09 dated 29th August, 2008 announce `nil’ rate of All Industry Rate of Deemed Export Drawback both HSD and Furnace Oil.

  4. Bicycle and other cycles and their parts are included in the Appendix 37D for benefit under Market Linked Focus Products vide Public Notice No. 59(RE-2008)/2004-09 dated 6th August, 2008. 

  5. Screw and Bolts, Nuts, Threaded Rods, wasters, Rivets and Parts of Sewing Machine are included in the Appendix 37D for benefit under New Additional Focus Products vide Public Notice No. 60(RE-2008)/2004-09 dated 6th August, 2008. 

  6. Public Notice 61(RE-2008)/2004-09 dated 6th August, 2008 notifies scheme for refund of DBK/TED & CST.

  7. Certain Agencies as mentioned in Public Notice No.63 (RE-2008)/2004-2009 dated 12th August, 2008 are de-listed to issue Certificate of Origin.

  8. Public Notice No.64(RE-2008)/2004-09 and Policy Circular No.27 (RE-08)/2004-2009 both dated 14th August, 2008 clarify the last date for filing of applications and applicability of late cut for Schemes under Chapter 3 of FTP.

  9. All Handmade Carpets of Jute, Coir and Cotton and other textile floor coverings of Jute, Coir and Cotton that are covered under Chapter 57, including Synthetic Handmade Carpets whether or not made up  are included in the Table 9 of Appendix 37A for benefit under VKGUY Scheme vide Public Notice No. 65(RE-2008)/2004-09 dated 19th August, 2008.

  10. Public Notice No.66(RE-2008)/2004-2009 dated 19th August, 2008 defines the meaning of jurisdiction of Development Commissioner and Regional Authorities of DGFT for issuance of IEC to units situated in multi product Special Economic Zones.

  11. Products under entries No. 0.9.10 & 09.11 of VKGUY will be eligible for the benefits as per Public Notice No. 68 (RE-2008)/2004-09 dated 21st August, 200867

  12. Public Notice No. 69(RE-2008)/2004-09 dated 26th August, 2008 notifies the amendments in respect of description of export products against VKGUY Product Code 10.30, 10.37 and 10.38.

  13. Notification No. 27(RE-2008)/2004-09 dated 1st August 2008 notify the conditions for export of Onions of all varieties.

  14. Notification No.29 (RE-2008)/2004-09 dated 6th August, 2008 provide guidelines for settlement of Duty Drawback and Terminal Excise Duty refund claims.

  15. The import of rough diamond from Venezuela shall be prohibited as per Notification No.30(RE-2008)/2004-09 dated 13th August, 2008

  16. Notification No.31 (RE-2008)/2004-09 dated 19th August, 2008 provides option for claiming VKGUY, FMS and FPS, benefits either by the supporting manufacturer (along with disclaimer from the company/firm who has realized the foreign exchange directly from overseas) or by the company or firm.

  17. Notification No.32 (RE-2008)/2004-09 dated 19th August, 2008 allow free export of Seed quality of Non Basmati Rice and Maize (Corn).

  18. Notification No. 33(RE-2008)/2004-09 dated 19th August, 2008 provides relaxation on export of certain specified oils. 

  19. Muli Bamboo (Melocanna baccifera) is now freely exportable upto 31.3.2010 as per Notification No. 34(RE-2008)/2004-09 dated 19th August, 2008.

  20. Notification No. 35(RE-2008)/2004-09 dated 20th August, 2008 clarifies the conditions related to Import of Marble.

  21. Policy Circular No.24/(RE-08)/2004-09 dated 4th August, , 2008 provides clarification regarding payments received in FFE by Airport Service Provider for E.O fulfillment under EPCG Scheme.

  22. Policy Circular No.25(RE-08)/2004-09 dated 8th August, 2008 provides guidelines for Import of Rough Marble Blocks/Slabs for the year 2008-09.

  23. Policy Circular No.26(RE-08) dated 11th August, 2008 clarifies cancellation of IEC issued by Development Commissioner on debonding/conversion of EOU Units.

  24. Policy Circular No. 27(RE-2008)/2004-09 dated 14th August, 2008 provides clarification regarding the last date for filing of applications and applicability of late cut for schemes under Chapter 3 of FTP.

  25. Ceiling of Import of rough marble blocks for 2008-09 has been increased from 1.1. lakh MT to 1.4. lakh MT vide Policy Circular No. 28(RE-08)/2004-09 dated 20th August, 2008.

  26. Policy Circular No.29 (RE-08)/2004-09 dated 20th August, 2008 issues clarification relating to Grant of Deemed Export Benefits for supplies to Mega Power Projects.

  27. Policy Circular No.30 (RE-08)/2004-09 dated 29th August, 2008 issues clarification relating to jurisdiction of Regional Authority of issuance of IEC to proprietorship firms.


Click herefor the details of allDGFT Public Notices/Notifications

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August, 2008


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