Home India Ministry of Commerce and Industry Amendment in Appendix-4 J relating to Export Obligation Peri...
Date: 2015-05-01 Category: Extra Ordinary State: Union Government Country: India

Amendment in Appendix-4 J relating to Export Obligation Period under Advance Authorizations.

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Summary:** This Public Notice No. 8/2015-2020, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, dated May 1, 2015, amends Appendix 4J of the Handbook of Procedures 2015-2020 concerning the export obligation period under Advance Authorizations. The key change involves raw sugar imports. Specifically, a new entry (Sl. No. 9) is added to the table in Appendix 4J, stipulating an export obligation period of six months from the date of customs clearance for each raw sugar import consignment under the Advance Authorisation scheme. This notice mandates a pre-import condition for raw sugar imports under the Advance Authorisation scheme. The effect of this notice is to reduce the export obligation period for raw sugar, from the date of customs clearance of each consignment, to six months. This amendment is issued under the powers conferred by Para 1.03 of the Foreign Trade Policy 2015-2020, as amended. The responsible authority is Director General of Foreign Trade.

Key Entities Referenced

Foreign Trade Policy, 2015-2020: A trade policy governing import and export activities, referenced as the basis for amendments. Directorate General of Foreign Trade: The organization responsible for making amendments to the Handbook of Procedures regarding export obligations. Appendix 4 J: A section of the Handbook of Procedures related to export obligation periods, which is being amended. Advance Authorisation scheme: A scheme related to import of raw materials for export production, specifically mentioned in relation to raw sugar imports. Raw sugar: A specific import item whose export obligation period is being modified under the Advance Authorisation scheme. New Delhi: The location where the public notice was issued. Ministry of Commerce and Industry: The government ministry overseeing the Department of Commerce and the Directorate General of Foreign Trade. Pravir Kumar: Director General of Foreign Trade.
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