This Public Notice, dated October 16, 2020, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, addresses the monitoring of export obligations under the Foreign Trade Policy 2015-2020. Specifically, it amends Para 4.44 of the Handbook of Procedures 2015-2020 by inserting a new Para 4.44(g). This amendment provides a one-time, temporary extension until December 31, 2020, for the submission of documents related to export obligation fulfillment. This extension applies to all Advance Authorizations where the export obligation period expired or is expiring between February 1, 2020, and October 31, 2020. The rationale for this extension is the disruption caused by the COVID-19 pandemic. The notification is issued under the powers conferred by Paragraph 1.03 of the Foreign Trade Policy 2015-2020. The issuing authority is Amit Yadav, Director General of Foreign Trade and Ex-officio Additional Secretary.
Key Entities Referenced
Foreign Trade Policy 2015-2020: A policy document governing import and export regulations. It is being referenced to exercise powers conferred under Paragraph 1.03.
Directorate General of Foreign Trade: The organization responsible for making amendments to the Handbook of Procedures, under the powers conferred by the Foreign Trade Policy.
Handbook of Procedures 2015-2020: A document that provides detailed procedures related to the Foreign Trade Policy. Para 4.44 of this handbook is being amended.
Advance Authorisations: A scheme related to export obligations, where the Export Obligation period is expiring between 01.02.2020 and 31.10.2020.
COVID-19: The reason cited for the extension in the date of submission of documents for Export Obligation fulfilment.
New Delhi: The city where the public notice was issued by the Directorate General of Foreign Trade.
Amit Yadav: Director General of Foreign Trade & Ex-officio Addl. Secy.
Ministry of Commerce and Industry: The ministry under which the Directorate General of Foreign Trade operates.
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असाधारण
EXTRAORDINARY
भाग I—खण्ड 1
PART I—Section 1
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
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MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
PUBLIC NOTICE
New Delhi, the 16th October, 2020
No. 26 /2015-2020
Subject: Amendments in Para 4.44 - Monitoring of Export Obligation - of the Handbook of Procedures
2015-20.
F. No. 01/94/180/466/AM20/PC-4.—In exercise of powers conferred under Paragraph 1.03 of the Foreign
Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade makes the following
amendments in Para 4.44 of Hand Book of Procedures 2015-2020.
2. A new para 4.44 (g) is inserted as under: -
Para 4.44(g):
(g) For all Advance Authorisations, where Export Obligation period is expiring/ has expired between
01.02.2020 and 31.10.2020, as a one-time temporary measure, date of submission of documents for EO
fulfilment is extended up to 31.12.2020.
Effect of this Public Notice: Due to COVID 19, Para 4.44 of Handbook of Procedures 2015-20, on
Monitoring of Export Obligation stands amended to allow extension in the date of submission of documents
for EO fulfilment up to 31.12.2020 for all Advance authorisations, wherever Export Obligation period is
expiring/has expired between 01.02.2020 and 31.10.2020.
AMIT YADAV, 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.