PUBLIC NOTICE NO. 67/2008, DT. 20/08/2008

Ban/restriction is imposed on export of any product, export obligation period in respect of EPCG authorizations

In exercise of powers conferred under para 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol.I) (RE-2008):

1. The following paragraph added after paragraph 5.11.3 vide Public Notice No.26(RE-2008)/2004-2009 Dated 3rd June 2008 stands amended to read as under:

“Whenever a ban/restriction is imposed on export of any product, export obligation period in respect of EPCG authorizations already issued prior to imposition of ban/restriction of such export products, would stand automatically extended for a period equivalent to the duration of ban/restriction, without any composition fee and exporter would not be required to fulfill average E.O. as well, for the ban/restriction period”.

This issues in public interest.

Sd/-
(R.S.Gujral)
Director General of Foreign Trade
And Ex-Officio additional Secretary to the Govt. of India

(F.No.01/36/218/26/AM09/Pol. V /EPCG.I)

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