PUBLIC NOTICE NO. 34/2007, DT. 17/08/2007

Period for discharge of export obligation against advance licences issued for Export of Sugar

Period for discharge of export obligation against advance licences issued for Export of Sugar was extended by the period of prohibition imposed vide DGFT Notification No. 28 dated 9-8-2006. In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol. I:

1. At the end of paragraph 4.22.1, the following shall be added:

“The period for discharge of export obligation against advance authorisations (erstwhile licences) issued for Export of Sugar stands automatically extended for one year (without payment of Composition Fee) w.e.f the date on which their export obligation period expires provided the export obligation period did not expire prior to 19-4-2007.”

This issues in Public interest.

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

(Issued from F.No.01/94/ 180/ AA- Sugar /AM08/PC-I).

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