PUBLIC NOTICE NO. 139/2007, DT. 04/04/2008

Amendments in 4A.28 - Replenishment Authorisation for Import of Consumables

In exercise of powers conferred under paragraph 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):

1. Paragraph 4A.28 related to “Replenishment Authorisation for Import of Consumables etc.” in the Handbook of Procedures (Vol. 1) shall be substituted as under:

4A.28.

A replenishment authorization for duty free import of consumables, tools, machinery and equipments for Jewellery made out of precious metals (other than Gold & Platinum) equal to 2% and for Cut and Polished Diamonds and Jewellery made out of Gold and Platinum equal to 1% of FOB value of exports of the preceding year, may be issued on production of Chartered Accountant Certificate indicating the export performance. However, in case of Rhodium finished Silver jewellery, entitlement will be 3% of FOB value of exports of such jewellery.

This issues in Public Interest.

(R.S. GUJRAL)
DIRECTOR GENERAL OF FOREIGN TRADE
EX-OFFICIO ADDITIONAL SECRETARY TO THE GOVT OF INDIA

F.No. 01/94/180/G&J/AM08/PC-IV(Pt.)

Presented by eximkey.com