Home India Ministry of Commerce and Industry Amendment in Para 6.06 of HBP, 2023 Regarding...
Date: 06-Jan-2025 Category: Extra Ordinary State: Union Government Country: India

Amendment in Para 6.06 of HBP, 2023 Regarding

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

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Executive Summary & Key Takeaways

What it means

  • This gazette notification issued by the Directorate General of Foreign Trade (DGFT) amends paragraphs 6.06 (c) (ii) and 6.06 (c) (iii) of the Handbook of Procedures (HBP) 2023, related to the utilization period for imported goods and fulfillment of export obligations.
  • The amendments aim to align the HBP with the provisions of Chapter 4 of the Foreign Trade Policy (FTP) 2023, and to facilitate ease of doing business.

Key Changes

  • For imported tea, the utilization period remains 6 months from the date of import.
  • For items covered under Chapter 9 of the ITC(HS) and coconut oil, the export obligation fulfillment period is changed from 90 days to 6 months from the date the first import consignment is cleared by Customs Authorities.
  • For import of spices for value-added (VA) purposes like crushing, grinding, sterilization, or for the manufacture of oils and oleoresins of pepper, cardamom, and chillies, the export obligation fulfillment period is revised from 120 days to 6 months from the date of import of the first consignment.
  • For import of other spices (excluding pepper, cardamom, and chillies) for the manufacture of spice oils and oleoresins, the export obligation fulfillment period remains 12 months.

Impact Analysis

Importers of Chapter 9 ITC(HS) items and Coconut Oil

  • This change reduces the pressure on importers to quickly re-export, potentially leading to better pricing and market conditions.

Importers of Spices for Value Addition

  • Importers of other spices (excluding pepper, cardamom, and chillies) for the manufacture of spice oils and oleoresins maintain the 12-month export obligation fulfillment period.

Customs Authorities

  • They will need to ensure that the date of clearance of the first import consignment is accurately recorded for calculation of the 6-month period.

Government

  • The changes may result in increased trade volumes due to reduced compliance pressures on importers.

Action Items

  • Trade associations should disseminate this information to their members to ensure awareness and compliance.

Key Entities Referenced

Directorate General of Foreign Trade (DGFT): The issuing authority of this notification, responsible for implementing and regulating foreign trade policies. Handbook of Procedures (HBP) 2023: A document outlining the procedures for implementing the Foreign Trade Policy of India. Foreign Trade Policy (FTP) 2023: The policy framework governing India's foreign trade, which this notification aims to align with. ITC(HS): Indian Trade Classification (Harmonized System), a system for classifying goods for trade purposes. Customs Authorities: The government agency responsible for administering customs laws and regulations.
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-08012025-260007 xxxGIDHxxx CG-DL-E-08012025-260007 xxxGIDExxx असाधारण EXTRAORDINARY भाग I—खण्ड 1 PART I—Section 1 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 05] नई दिल्ली, सोमवार, िनवरी 6, 2025/पौष 16, 1946 No. 05] NEW DELHI, MONDAY, JANUARY 6, 2025/PAUSHA 16, 1946 नई दिल्ली, 3 िनवरी, 2025 le;≤ ij ;Fkk la'kksf/kr fons'k O;kikj uhfr] 2023 ds ijS k 1-03 vkjS 2-04 ds rgr inz Ùk “kfDr;ks a dk iz;kxs djrs gq, egkfuns'kd fons'k O;kikj ,rn~}kjk izfØ;k iqLrd] 2023 ds iSjk 6-06 ¼x½ ¼ii½ vkSj ijS k 6-06 ¼x½ ¼iii½ eas fuEufyf[kr l'a kk/s ku djrs gS% iSjk la- ekStnw k iSjk l'a kkfs/kr iSjk 6-06 rFkkfi] vk;kfrr pk; dk bLrseky vk;kr dh rFkkfi] vk;kfrr pk; dk bLrseky vk;kr dh rkjh[k rkjh[k ls N% eghu s dh vof/k ds Òhrj djuk ls N% eghu s dh vof/k ds Òhrj djuk g¨xkA blh ¼x½ ¼ii½ g¨xkA blh Ádkj] en¨a {vkÃ-Vh-lh- ¼,p,l½ Ádkj] en¨a {vkÃ-Vh-lh- ¼,p,l½ ds v/;k;&9 ds ds v/;k;&9 ds vUrxZr 'kkfey} ds vk;kr vUrxZr 'kkfey} ds vk;kr ds eÌs fu;kZr nkf;Ro vkSj 144 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1] ds eÌs fu;kZr nkf;Ro vkSj ukfj;y rys dh ukfj;y rys dh ÁfriwfrZ lhek 'kqYd Ákf/kdkjh }kjk ÁfriwfrZ lhek 'kqYd Ákf/kdkjh }kjk vk;kr dh vk;kr dh ÁFke [ksi dh fudklh fn, tkus dh rkjh[k ÁFke [ksi dh fudklh fn, tku s dh rkjh[k ls ls ds Òhrj djuk g¨xkA 90 fnu ds Òhrj djuk g¨xkA 6-06 blds vfrfjä] oh, Á;¨tu tSls blds vfrfjä] oh, Á;¨tu tSls ¼x½ Øf'kax@xzkbafMax@LVsjhykbts'ku vFkok fepZ] Øf'kax@xzkbafMax@LVsjhykbts'ku vFkok fepZ] N¨Vh N¨Vh byk;ph vkSj yky fep¨± ¼vkSj flQZ byk;ph vkSj yky fep¨± ¼vkSj flQZ lkQ djus] xzsfMax ¼iii½ lkQ djus] xzsfMax vkSj fjiSdsftax vkfn ds vkSj fjiSdsftax vkfn ds fy, ugȽ ds rys vkSj fy, ugȽ ds rys vkSj vksfy;¨jfstu ds vksfy;¨jfstu ds fofuekZ.k ds fy, elky¨a ds vk;kr fofuekZ.k ds fy, elky¨a ds vk;kr ds ekey s ds ekey s esa] fu;kZr nkf;Ro igyh [ksi ds vk;kr ds eas] fu;kZr nkf;Ro igyh [ksi ds vk;kr ds rkjh[k ls ds Hkhrj iwjk fd;k tk,xkA elkyks a rkjh[k ls 120 fnu ds Hkhrj iwjk fd;k ds vk;kr ds ekey s eas ¼dkyh fepZ] byk;ph] yky tk,xkA elkyks a ds vk;kr ds ekey s eas ¼dkyh fepZ dks NksM+dj½ elkyk rys ksa vkSj vksfy;ksjsflu ds fepZ] byk;ph] yky fepZ dks NksM+dj½ elkyk fofuZek.k gsrq fu;kZr nkf;Ro 12 eghuks a ds Hkhrj iwjk rys ksa vkSj vksfy;ksjsflu ds fofueZ k.k gsrq fu;kZr djuk gksxkA nkf;Ro 12 eghuks a ds Hkhrj iwjk djuk gksxkA ,QVhih@,pchih] 2023 ds v/;k; 4 ds izko/kkuks a ds lkFk le#irk ykus grs q O;kikj djus eas lqxerk ds fy, ,pchih] 2023 ds iSjk 6-06 ¼x½ ¼ii½ vkSj iSjk 6-06 ¼x½ ¼iii½ eas la'kk/s ku fd;k x;k gSA lark"s k dqekj lkjaxh] egkfuns'kd] fons'k O;kikj ,oa insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 3rd January, 2025 No. 38/2024-25 Subject: Amendment in Para 6.06 of HBP, 2023- Regarding F. No. 01/92/180/42/AM25/PC-6/E-40655.—In exercise of the powers conferred under Paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following amendments in Para 6.06 (c) (ii) and Para 6.06 (c) (iii) of HBP, 2023: Para Existing Para Amended Para No. 6.06 (c) However, imported tea shall be utilized However, imported tea shall be utilized within a period of 6 (ii) within a period of 6 months from date of months from the date of import. Similarly, export obligation import. Similarly, export obligation against the import of items {covered by Chapter 9 of ITC(HS)} against import of items {covered by and coconut oil shall be fulfilled within a period of 6 months Chapter 9 of ITC(HS)} and coconut oil from the date on which the first import consignment is cleared shall be fulfilled within a period of 90 days by Customs Authorities. from the date on which first import consignment is cleared by Customs Authorities. 6.06 (c) Further, in case of import of spices for VA Further, in case of import of spices for VA purposes like (iii) purpose like crushing / grinding / crushing / grinding/sterilization or for the manufacture of oils sterilization or for manufacture of oils and and oleoresins of pepper, cardamom and chillies (and not for oleoresins of pepper, cardamom and simple cleaning, grading, re-packing etc.), EO shall be fulfilled chillies (and not for simple cleaning, within 6 months from the date of importation of first grading, re- packing etc.), EO shall be consignment. In case of import of spices (other than pepper,[भाग I—खण् ड 1] भारत का रािपत्र : असाधारण 3 fulfilled within 120 days from the date of cardamom and chillies) for the manufacture of spice oils and importation of first consignment. In case oleoresins, EO shall be fulfilled within 12 months. of import of spices (other than pepper, cardamom and chillies) for manufacture of spice oils and oleoresins, EO shall be fulfilled within 12 months. 2. Effect of this Public Notice: To bring parity with provisions of Chapter 4 of the FTP/HBP, 2023 the provisions of Para 6.06 (c)(ii) and Para 6.06(c)(iii) of the HBP, 2023 stand amended for ease of doing business. SANTOSH KUMAR SARANGI, Director General of Foreign Trade Ex-Officio Addl. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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