POLICY CIR NO. 04/2012, DT. 30/08/2012

Policy Circular No. 2 (RE-2012)/2009-14 dated 19.7.2012 - Corrigendum thereto

Policy Circular 2 was issued on 19.7.2012 with the subject header ‘Pending EODC cases where vehicles imported under EPCG Scheme were not registered as Commercial/ Tourist Vehicle- Reference Policy Circular dated 07.05.2008’. Para 4 (c) and Para 5 (a)(i) of this policy circular indicate the reference date as “31.08.2006”.

2. Para 1(iii) of Notification No. 11 (RE 2006)/2004-09 dated 14.06.2006 mandated registering of vehicles imported under EPCG Scheme as under:

“the vehicles imported under this scheme shall be registered either as a tourist vehicle or shall have an appropriate registration specific to a particular state enabling the vehicle to be used for tourist purpose. A copy of the Registration certificate should be submitted to the concerned Licensing Authority as a confirmation of the vehicle having been imported and capital good installed.”

Therefore, the correct reference date in Policy Circular 2 should read as 14.06.2006.

3. Accordingly, the reference date mentioned in Para 4(a) and in Para 5(a)(i) of the Policy Circular 2 dated 19.07.2012 is amended to read as 14.06.2006.

4. This issues with the approval of DGFT.

(Rita Mahna)

Deputy Director General of Foreign Trade
Tel. No. +91 11 2306 1562/Ext. 288
E-mail: r.mahna@nic.in

F. No. 01/36/218/21/AM13/EPCG-I

Presented by eximkey.com