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Appendix 4J of Hand Book of Procedures 2015-20 and in General Notes for Chemicals

Dated 24th March, 2017 | Copy of | Public Notice No.62/2015-2020 |

In exercise of powers conferred under Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes the following amendment in Appendix 4J of Hand Book of Procedures 2015-2020:

APPENDIX-4J
(Please see paragraph 4.42 of HBP)

Export Obligation Period for Specified Inputs with Pre-import
Condition under Advance Authorizations.
(Inputs/import items sourced under the Authorisation have to be processed and exported)

Appendix 4J of Hand Book of Procedures 2015-20 and in General Notes for Chemicals

Appendix 4J of Hand Book of Procedures 2015-20 and in General Notes for Chemicals

2. The General Note No.15 for Chemical and Allied Products of Standard Input Output Norms (SION) is amended to read as under:

15. Wherever, import of Penicillin and its salts (ITC HS Code No. 29411010) or import of 6-APA (ITC HS Code No.29411050) is allowed as an input item under Advance Authorization Scheme, the export obligation period for such Authorisations shall be restricted to 12 months from the date of clearance of each import consignment with pre-import condition if imports are made from unregistered source. No further extension in export obligation period shall be allowed in these Authorisations. The licensing authority shall make an endorsement in the Advance Authorization to this effect. If imports made from registered source as per provisions of Drugs and Cosmetics Act, then the export obligation period shall be normal period as allowed in Para 4.22(i) of FTP.

Effect of this Public Notice:

With this Public Notice, clarity is brought about applicability of Pre-import condition for inputs/import items specified in Appendix 4J. Amendment is also carried out in General Note No.15 of Chemical and Allied Products (SION Book) to align with Appendix 4J.

Sd/-
(A.K. Bhalla)
Director General of Foreign Trade

File No.01/94/180/115/AM17/PC-4
Issued by:
Ministry of Commerce and Industry
Department of Commerce
New Delhi

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The Dollar Business Bureau - Mar 25, 2017 12:00 IST