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Date: 12-Jun-2024 Category: Extra Ordinary State: Union Government Country: India

Corrigendum to Public Notice No10 202425 dated 06th June 2024 on enabling provisions for import of inputs that are subjected to mandatory Quality Control Orders QCOs by Advance holders EOU and SEZ 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 issues a corrigendum to Public Notice No. 10/2024-25 dated June 6, 2024, regarding enabling provisions for the import of inputs subject to mandatory Quality Control Orders (QCOs) by Advance Authorisation holders, Export Oriented Units (EOU), and Special Economic Zones (SEZ). The corrigendum corrects a paragraph number reference within the Foreign Trade Policy (FTP) 2023 concerning the Export Obligation (EO) period for products of the Ministry of Textiles and DCPC (likely Department of Chemicals and Petrochemicals).

Key Changes

  • The notification corrects the paragraph number reference for the Export Obligation (EO) period for products of the Ministry of Textiles and DCPC within the Foreign Trade Policy (FTP) 2023.
  • The incorrect reference in Public Notice No. 10/2024-25 dated June 6, 2024, stated the EO period was regulated by Para 2.30(A)(i)(g) of FTP, 2023.
  • The corrected reference states that the EO period is regulated by Para 2.03(A)(i)(g) of FTP, 2023.

Impact Analysis

Impact

  • The correction ensures accurate referencing of regulations pertaining to Export Obligation periods for specific product categories (Textiles and DCPC).

Suggested Action Items

  • Consult with experts: If there is uncertainty regarding the implications of this change, consult with trade consultants or legal experts specializing in foreign trade policy.

Stakeholders Affected

  • Ministry of Textiles and DCPC (Department of Chemicals and Petrochemicals): These governmental bodies are indirectly affected as the notification clarifies regulations pertaining to their product categories.

Key Entities Referenced

Directorate General of Foreign Trade (DGFT): The issuing authority for the notification and responsible for amending the Foreign Trade Policy. Foreign Trade Policy (FTP) 2023: The overarching policy document governing import and export regulations in India. Public Notice No. 10/2024-25: The original public notice that is being amended by this corrigendum. It concerns import of inputs subject to mandatory Quality Control Orders (QCOs). Ministry of Textiles: Government ministry responsible for policies related to the textile industry. DCPC: Likely refers to the Department of Chemicals and Petrochemicals, a government body. EOU: Export Oriented Units SEZ: Special Economic Zones
Official Source Record View Original Source →
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 xxxGIDHxxx सी.जी.-डी.एल.-अ.-13062024-254691 xxxGIDExxx CG-DL-E-13062024-254691 असाधारण EXTRAORDINARY भाग I—खण्ड 1 PART I—Section 1 प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 153] नई दिल्ली, बुधवार, िनू 12, 2024/ज्य ष्े ठ 22, 1946 No. 153] NEW DELHI, WEDNESDAY, JUNE 12, 2024/JYAISHTHA 22, 1946 ubZ fnYyh] 12 twu] 2024 [ ] .—le;≤ ij ;Fkk la“kksf/kr fon's k O;kikj uhfr 2023 ds iSjk 1-03 vkSj 2-04 }kjk iznÙk “kfDr;ks a dk iz;ksx djr s gq,( egkfuns“kd fons“k O;kikj ,rn~}kjk fnukad 06 twu] 2024 dh lkoZtfud lwpuk la- 10@2024&25 es a ,QVhih] 2023 ds ifjf“k"V 2e eas fd, x, ifjorZuks a es a fuEukuqlkj la“kks/ku djr s gSa% oL= e=a ky; vkSj Mhlhihlh ds mRiknks a ds fy, bZvks vof/k oL= e=a ky; vkSj Mhlhihlh ds mRiknks a ds fy, bZvks vof/k dks ,QVhih] 2023 ds iSjk 2-30¼d½¼i½¼N½ ds vuqlkj dks ,QVhih] 2023 ds iSjk i ds vuqlkj fofu;fer fd;k tkrk gSA fofu;fer fd;k tkrk gSA oL= e=a ky; vkSj Mhlhihlh ds mRiknks a ds fy, bZvks;w vof/k ds iSjk la[;k dks lkoZtfud lwpuk la- 10@2024&25 fnukad 06 twu] 2024 esa i ds :i eas la“kksf/kr fd;k x;k gSA larks"k dqekj lkjaxh Ekgkfuns“kd] fon's k O;kikj ,oa inus vij lfpo 3502 GI/2024 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) CORRIGENDUM New Delhi, the 12th June, 2024 Subject: Corrigendum to Public Notice No.10/ 2024-25 dated 06th June, 2024 on enabling provisions for import of inputs that are subjected to mandatory Quality Control Orders (QCOs) by Advance holders, EOU and SEZ- regarding. F. No. 01/89/180/13/AM-15/PC-2[A]/E-5910.—In exercise of the powers conferred under Paragraph 1.03 and 2.04 of Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following correction in changes been made in Appendix 2Y of FTP, 2023, in Public No.10/2024-25 dated 06th June, 2024: (Changes made are in bold letters) As existing in Public Notice No. 10/ 2024-25 Corrected dated 06.06.2024 The EO Period for the products of Ministry of Textiles The EO Period for the products of Ministry of Textiles and DCPC is regulated in terms of Para 2.30(A)(i)(g) of and DCPC is regulated in terms of Para 2.03(A)(i)(g) of FTP, 2023 FTP, 2023 Effect to this Public Notice: The Para number of EO Period for the products of Ministry of Textiles and DCPC stands corrected as 2.03(A)(i)(g) in Public Notice No. 10/2024-25 dated 06th June 2024. 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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