Ministry of Finance TheDollarBusiness

Para 4.94(a)(i), 4.94(a)(ii) and ANF-4I of Hand Book of Procedures 2015-2020 amended

Dated 4th October, 2016 | Copy of | Notice No.37/2015-2020 |

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 amendments in Hand Book of Procedures 2015-2020:

2. The existing Para 4.94(a) (i) is amended to read as under:

Four Star Export House (status on the basis of exports made only of Gems & Jewellery Sector items excluding export performance from SEZ/EOU units, if any) and Five Star Export House (excluding export performance of Gems and Jewellery items from SEZ/EOU units, if any) may apply to the concerned Regional Authority online in ANF 4-I for issue of Nominated Agency Certificate. Applicant shall upload a self-attested copy of the valid Status Holder Certificate issued under FTP 2015- 2020.

3. The existing Para 4.94(a)(ii) is amended to read as under:

On the date of application for renewal of Nominated Agency Certificate, the Status Certificate must be valid for next financial year also. Secondly, applicant should also be eligible to qualify to be recognized as Four Star Export House (based on the export of gems and jewellery sector items excluding export performance from SEZ/EOU units, if any)/Five Star Export House (excluding export performance of Gems and Jewellery items from SEZ/EOU units, if any) on the date of application. In other words. Regional Authority shall reassess the eligibility of status holder based on
export performance before issuing/renewing the Nominated Agency Certificate.

4. The existing ANF-4I is amended and revised ANF-4I is annexed with this Public Notice.

Effect of this Public Notice:

With this amendment, the export performance of Gems and Jewellery items from SEZ/EOU units shall not be clubbed with export performance from DTA units of any IEC holder for grant of Nominated Agency Certificate and accordingly changes in Para 4.94(a)(i), 4.94(a)(ii) and ANF-4I are also carried out.

Sd/-
(Anup Wadhawan)
Director General of Foreign Trade

File No.-01/94/180/39/AM17/PC-4
Issued by:
Ministry of Commerce and Industry
Department of Commerce
New Delhi.

 

The Dollar Business Bureau - Oct 05, 2016 12:00 IST