PUBLIC NOTICE NO. 46/2004-09, DT. 18/01/2005

Extension of export obligation period shall not be allowed in case of advance licence

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 the Handbook of Procedures (Vol:-I) 2004-09 :­

1. At the end of the first sub-paragraph of paragraph 4.22.1, the following should be added:

" However, the facility of extension of export obligation period shall not be allowed in case of advance licence wherein import of penicillin and its salts [ITC(HS) Code No. 29411010] and 6 - APA [ ITC(HS) Code No. 29411 050] have been allowed as an input. The licensing authority shall make an endorsement in the advance licence to this effect."

This issues in Public interest.

File No: 01/94/180/0009 /AM05/ PC IV

Sd/-
(K. T. Chacko)
Director General of Foreign Trade

Presented by eximkey.com