PUBLIC NOTICE NO. 36/2007, DT. 23/08/2007

Procedure for claiming Deemed Exports Drawback & TED amended

In exercise of power conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.I), 2004-09:

1. Paragraph 8.3.1(ii) stands amended as follows:

“In case of supplies under paragraph 8.2(a), (b) & (c), claim shall be filed against receipt of payment through normal banking channel as in Appendix 22B. Such claims shall be filed within a period of twelve months from end of monthly/quarterly/half yearly period reckoned from the date of payment as per the option of applicant. In cases where payment is received in advance, last date for submission of application may be correlated with date of supply instead of date of receipt of payment. TED claim can be filed ‘Invalidation Letter/ARO wise against individual licences within the time limit as specified above.

This issues in public interest

(Pl. refer POLICY CIR NO. 19/2007, DT. 05/11/2007 - Applicability of PN. No. 36 in respect of pending claims for TED refunds as per amended Para 8.3.1(iii) of HBP(Vol)

(R.S.Gujral)
Director General Foreign Trade and
Ex-Officio Additional Secretary to the GOI.

(Issued from F 01/92/180/04/AM08/PCII)

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