Home India Ministry of Commerce and Industry Amendment in Para 2.60 of Handbook of Procedure, 2015-2020....
Date: 2020-12-16 Category: Not Applicable State: Union Government Country: India

Amendment in Para 2.60 of Handbook of Procedure, 2015-2020.

Issued by Ministry of Commerce and Industry · Directorate General Of Foreign Trade

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Executive Summary & Key Takeaways

**Summary:** This Public Notice, dated December 4, 2020, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India, announces an amendment to Para 2.60 of the Handbook of Procedure, 2015-2020. The amendment pertains to the procedure for import under the Tariff Rate Quota (TRQ) Scheme. The existing Para 2.60 has been replaced to reflect the latest Customs Notification No. 28/2020-Customs dated June 23, 2020, issued by the Department of Revenue, Ministry of Finance, which governs imports under the TRQ scheme, as amended from time to time. This update ensures alignment with current customs regulations for TRQ imports. (F.No. 01/93/180/49/AM17/PC2[B]/E-1729)

Key Entities Referenced

Directorate General of Foreign Trade: An agency of the Ministry of Commerce and Industry, Government of India, responsible for implementing the Foreign Trade Policy. Foreign Trade Policy, 2015-2020: A policy document outlining guidelines and objectives for India's foreign trade. Handbook of Procedure, 2015-2020: A document providing detailed procedures related to the Foreign Trade Policy. Tariff Rate Quota Scheme: A scheme governing imports with specific tariff rates and quotas. Ministry of Commerce and Industry: A ministry of the Government of India responsible for the development and regulation of commerce and industry. Ministry of Finance: A ministry of the Government of India responsible for financial matters. Department of Revenue: A department under the Ministry of Finance, Government of India. New Delhi: The location of Udyog Bhawan, the office of the Directorate General of Foreign Trade, and the place of publication.
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To be published in the Gazette of India Extraordinary (Part-I, Section-1) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan, New Delhi -110 011 Public Notice No. ?2./2015-2020 New Delhi, dated |4 December, 2020 Subject: Amendment in Para 2.60 of Handbook of Procedure, 2015-2020. In exercise of powers conferred under Paragraph 1.03 of Foreign Trade Policy, 2015- 2020 read with Paragraph 2.04 of Foreign Trade Policy, 2015-2020, the Director General of Foreign Trade hereby replaces the existing Para 2.60 of the Handbook of Procedure (2015-20) on Procedure for Import under the Tariff Rate Quota Scheme. The revised para is as follows: Para 2.60: Procedure for Import under the Tariff Rate Quota Scheme Imports under the Tariff Rate Quota Scheme is governed as per the Customs Notification No.28/2020-Customs dated 23.06.2020 of Department of Revenue, Ministry of Finance, Government of India as amended from time to time. 2. Effect of the Public Notice: Paragraph 2.60 of Handbook of Procedure, 2015-2020 is replaced to update the latest Customs Notification governing imports under Tariff Rate Quota Scheme. co __\-nad (Amitl $6ihr pere Director General of Foreign Trade & Ex-officio Additional Secretary to the Government of India F.No. 01/93/180/49/AM-17/PC-2(B)/E- 1729

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