19 May 2011
GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE NOTIFICATION No. 42 (RE-2008)/2004-2009 New Delhi, Dated the 18th September, 2008 S.O (E) – In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with Para 1.3 of the Foreign Trade Policy, 2004- 2009 (as amended from time to time), the Central Government hereby makes the following amendment in Foreign Trade Policy: 1. The 1st sub-paragraph of paragraph 4.3.1 stands amended as follows:- “An exporter may apply for credit, at specified percentage of FOB value of exports, made in freely convertible currency. In case of supply by a DTA Unit to a SEZ Unit /SEZ Developer / Co-Developer, an exporter may apply for credit for exports made in freely convertible currency or payment made from foreign currency account of SEZ Unit / SEZ Developer /Co-Developer. In addition, the exporter shall also be entitled for DEPB benefit in case payment is made in Indian Rupees by SEZ Developer / Co-Developer for supplies received w.e.f 10.2.2006.” This issues in Public Interest. Sd/- (R.S. GUJRAL) DIRECTOR GENERAL OF FOREIGN TRADE AND EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT. OF INDIA (Issued from File No. 01/94/180/SEZ-DEPB/AM09/PC 4)
19 May 2011
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORINDARY (PART I, SECTION 1) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 71 (RE-2008) 2004-09 Dated 2nd September’ 2008 In exercise of power conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09, Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol. I): The following shall be added at the end of Appendix 22 B: “(***) Alternative Bank Certificate to be furnished by EOU, in case deemed export benefits are claimed on disclaimer basis. BANK’S CERTIFICATE This is to certify that the amount mentioned in Col. 7 against invoice mentioned in Col. 1 above/details mentioned in Col. 5 above (please strike out one of the options), has been debited from the account of EOU, for supplier mentioned above. (Signature of the Bankers) Full address of the Bankers Branch and City Official Stamp *** This alternative Bank Certificate will need to be furnished alongwith domestic supplier certificate, as above.” This issues in Public interest. (R.S. GUJRAL) DIRECTOR GENERAL OF FOREIGN TRADE EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT. OF INDIA
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