NTF NO. 38/2003, DT. 21/04/2004

Correction in Ntf. No. 28/2003, Dt. 28/01/2004

S.O. (E)- In exercise of powers conferred under Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Paragraph 1.1 of the Export and Import Policy, 2002-2007, as amended from time to time, the Central Government hereby makes the following correction in Exim Policy, 2002-07 (as amended upto 31.3.2003):-

1. In terms of para 2 and 3 of the Public Notice No 40 dated 28.01.2004, exports of certain products for calculation of entitlement as well as imports of certain products were excluded from the purview of the Duty Free Entitlement Certificate for Status Holders. The said provision is hereby inserted in the Exim Policy by correcting Notification No 28 dated 28.01.2004 as under:

In Chapter-3, in paragraph 3.7.2.1, after sub-paragraph (vii), the following note is inserted after Note 5:, namely:-

“Note 6.- The export of the following products and categories of products would not be permitted for counting entitlement under the Duty Free Entitlement Certificate for Status Holders.

a. Rough, uncut and semi polished diamonds

b. Gold, silver in any form including plain jewellery thereof

c. Food grains sourced from central pool maintained by FCI

d. Items exported under free shipping bills

Note 7: Import of agricultural Products listed in Chapter 1 to 24 of ITC (HS) Classification of Export and Import items except the following shall be allowed:

(i) Garlic, Peas and all other Vegetables with a Duty of more than 30% under Chapter 7 of ITC (HS) Classification of Export and Import items.

(ii) Coconut, Areca Nut, Oranges, Lemon, Fresh Grapes, Apple and Pears and all other fruits with a Duty of more than 30% under Chapter 8 of ITC (HS) Classification of Export and Import items.

(iii) All spices with a Duty of more than 30% under Chapter 9 of ITC (HS) Classification of Export and Import items (except Cloves).

(iv) Tea, Coffee and Pepper as per Chapter 9 of ITC (HS) Classification of Export and Import items.

(v) All Oil Seeds under Chapter 12 of ITC (HS) Classification of Export and Import items.

Further, Natural Rubber as per Chapter 40 of ITC (HS) Classification of Export and Import items shall also not be allowed for import under the Scheme.

Import of all edible oils classified under Chapter 15 of ITC (HS) Classification of Export and Import items, shall be allowed under the scheme only through STC and MMTC.

(Above Note 7 has been replaced vide NTF. NO. 24/2007, DT. 23/08/2007)

[OLDNote 7- The following items would not be allowed for imports under Duty Free Credit Entitlement Certificate for Status Holders:

Agricultural products, which fall under Chapters 1-24 of ITC (HS) Classification of Export and Import items]

(Please refer NOTIFICATION NO. 06/2005, DT. 04/06/2005)

This issues in Public Interest.

(L MANSINGH)
Director General of Foreign Trade
And Ex- Officio Additional Secretary to the Government of India

(Above words (And Ex- Officio Additional Secretary to the Government of India) has been added vide NTF NO. 40/2003, DT. 23/04/2004)

(File No: 01/94/180/ 10/AM04/ PC IV)

Presented by eximkey.com