SALC POL CIR No. 05/1998-1999 Dated 21-01-1999

Subject:- Advance licence issued for Import of Vitamin Mixes on Export of Frozen Headon/Headless Shrimps

Sir,

All the licensing authorities are aware that prior to 1.4.97, under standard norms against the export of 1 MT of Frozen Headon/Headless Shrimps, one of the inputs permitted for import was "Vitamin Mixes/ Mineral Mixes" to the extent of 0.227 MT/MT consolidatedly. Reports were received that some exporters were claiming/importing only "Vitamin Mixes" for the entire permissible quantity of 0.227 MT/MT without claiming/ importing the "Mineral Mixes". Taking note of this fact, with effect from 1.4.97, the quantity of 0.227 MT/MT, as referred to above, was bifurcated into two parts, namely, (i) Vitamin Mixes = 0.027 MT/MT and (ii) Mineral Mixes = 0.200 MT/MT. Vide letter No.3/36/97-98/P&I dated 25.5.98, all the Customs Authorities were advised not to allow clearance of Vitamin Mixes beyond a quantity of 0.027 MT/MT of export.

2. Instructions have now been sought as to in what manner requests for revalidation in such cases should be dealt with. The matter has been carefully examined. All the Licensing Authorities are hereby advised that while considering the requests of revalidation of such advance licences issued prior to 1.4.1997, the consolidated quantity of Vitamin Mixes/ Mineral Mixes of 0.227 MT/MT should be bifurcated into two parts, namely, (i) Vitamin Mixes = 0.027 MT/MT and (ii) Mineral Mixes = 0.200 MT/MT. Similar action should also be taken in respect of advance licences issued on or after 1.4.1997 where the benefit of para 66 of Export and Import Policy 1996-97 has been granted permitting the consolidated quantity of 0.227 MT/MT for Vitamin Mixes/ Mineral Mixes.

3. All the licensing authorities are advised to follow these instructions strictly.

This issues with the approval of Director General of Foreign Trade.

Sd/-
( L.K. BATRA )
Jt. Director General of Foreign Trade

Presented by eximkey.com