PUBLIC NOTICE NO.21/2016, DT. 06/07/2016
Amendment of SION for the export product under S.No.A1875
In exercise of the powers conferred under paragraph 1.03 of the Foreign Trade Policy 2015-2020 and paragraph 1.01 of Handbook of Procedure (Vol I.), the following amendments are made in the Handbook of Procedures Vol.II.
2. The existing entry in SION A-1875 of the Product Group `Chemical and Allied Products' is amended as under:
|
Exports |
Imports |
|
SION No |
Export Item |
Qty |
S. No. |
Import Item |
Qty allowed |
|
A-1875 |
Upgraded Beneficiated Ilmenite (Synthetic Rutile) containing Titanium Dioxide of 90-96% concentration (Specific % concentration to be mentioned) |
1 Kg. |
1 |
Furnace Oil |
1.068 kg. |
|
OR |
|
|
Coal |
1.000 kg. |
|
2 |
Ilmenite Ore containing Titanium Dioxide of 49%-57% concentration (Specific% concentration to be mentioned |
To be calculated as per the guidelines mentioned in the following note |
|
3 |
Coke |
0.182 kg. |
Note :
I-Specific percentage of Titanium dioxide in export product to be mentioned in export documents.
II- Specific percentage of Titanium dioxide in import item 2 to be mentioned in import documentation.
III- For the purpose of entitlement of imported raw material, the percentage concentration of export item as well as concentration of import item 2 should be taken. For this the entitlement should be worked out considering 13.6% wastage on the actual net content of Titanium dioxide both in the export product and import product.
Eg:- If the export product contains 90% Titanium dioxide [weighted average of all shipments and import item i.e. Ilmenite ore contains 50% Titanium dioxide [weighted average of all bill of entries], entitlement may be worked out based on following formula:
Entitlement of import product per kg of export product = 90% * 1.136/50% = 2.045 kgs
3. Effect of this amendment:
The standard Input Output Norms (SION) for export product under S No. A 1875 has been reviewed. There is change in the description of the Export and Import items.
(Anup Wadhawan)
Director General of Foreign Trade
Email: dgft@nic.in
(Issued from File No. 01/83/71/18/AM-15/DES-IV)
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