Home India Ministry of Commerce and Industry In exercise of powers conferred under Paragraph 1 03 of the ...
Date: 2017-10-18 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred under Paragraph 1 03 of the Foreign Trade Policy

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Policy Summary: Amendment to Export Obligations for Stainless Steel Imports under Advance Authorisation** This public notice, No. 30/2015-2020, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, on October 18, 2017, introduces an amendment to Appendix 4J of the Hand Book of Procedures 2015-2020. The amendment pertains to the export obligation period for the import of flat-rolled products of stainless steel under Advance Authorisation. Specifically, the policy stipulates that the import of flat-rolled products of stainless steel, classified under ITCHS Codes 7219 or 7220, is subject to a pre-import condition with a 6-month export obligation period. This period is calculated from the date of clearance of each import consignment by the Customs Authority. The effect of this notice is to mandate a 6-month export obligation period, with pre-import conditions, for the import of specified stainless steel products under the Advance Authorisation scheme. The authority for this notice is derived from Paragraph 1.03 of the Foreign Trade Policy 2015-2020, as amended. The Director General of Foreign Trade, Alok Vardhan Chaturvedi, is the issuing authority.

Key Entities Referenced

Foreign Trade Policy 2015-2020: A trade policy established by the Directorate General of Foreign Trade, outlining regulations and guidelines for import and export activities. Directorate General of Foreign Trade: The organization responsible for implementing and overseeing foreign trade policies, and amending Hand Book of Procedures. Hand Book of Procedures 2015-2020: A document providing detailed guidelines and procedures related to the Foreign Trade Policy 2015-2020. Appendix 4J: A specific section within the Hand Book of Procedures 2015-2020 that is subject to amendments as per the public notice. ITCHS Codes 7219 or 7220: Codes designating specific categories of flat-rolled stainless steel products for import and export purposes. Customs Authority: The agency responsible for clearing import consignments and ensuring compliance with import regulations. ALOK VARDHAN CHATURVEDI: The Director General of Foreign Trade who authorized the amendments outlined in the public notice. New Delhi, Delhi: Location of publication of the Gazette of India and Directorate General of Foreign Trade.
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REGD. NO. D. L.-33004/99 EXTRAORDINARY I— 1 PART I—Section 1 PUBLISHED BY AUTHORITY 272] No. 272] NEW DELHI, WEDNESDAY, OCTOBER 18, 2017/ASVINA 26, 1939 ubZ fnYyh] 18 vDrwcj] 2017 : .—le;≤ ij ;Fkk la'kksf/kr fons'k O;kikj uhfr] 2015&2020 ds iSjk 1-03 ds rgr iznÙk 'kfDr;kas dk iz;ksx djr s gq, egkfun's kd] fons'k O;kikj izfØ;k iqLrd] 2015&2020 ds es a fuEufyf[kr la'kks/ku djr s gSa% 1- Ø- la- vk;kr en ¼enas½ Lkhek 'kqYd izkf/kdkjh }kjk izR;ds vk;kr [kis dh fudklh dh rkjh[k ls vk;kr&iwoZ 'krZ ds lkFk fu;kZr nkf;Ro vof/k 12 vkbZVhlh ¼,p,l½ dksM 7219 ;k 7220 ds rgr 6 ekg 'kkfey LVsuyls LVhy ds ¶YkSV jkWYM mRikn vfxze izkf/kdkj i= ds v/khu vkbZVhlh ¼,p,l½ dksM% 7219 ;k 7220 ds vra xZr 'kkfey LVsuysl LVhy ds ¶ySV jkWYM mRiknks a dk vk;kr lhek'kqYd izkf/kdkjh }kjk izR;ds vk;kr [kis dh fudklh dh rkjh[k ls 6 eghu s dh fu;kZr nkf;Ro vof/k ds lkFk vk;kr&iwoZ 'krZ ds v/khu gSA vkyksd o/kZu prqosZnh] egkfun's kd] fon's k O;kikj 6322 GI/2017 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC. 1] MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 18th October, 2017 No. 30/2015-2020 Subject: Amendments in Appendix 4J of Hand Book of Procedures 2015-20—reg F. No. 01/94/180/187/AM18/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 Appendix 4J of Hand Book of Procedures 2015-2020: 1. In the table, below existing entry at Sl. No. 11 the following new entry is inserted. Sl. No. Import Item(s) Export Obligation Period with pre-import condition from the date of clearance of each import consignment by Customs Authority 12 Flat-rolled products of stainless steel covered 6 months. under ITC(HS) Codes: 7219 or 7220 Effect of this Public Notice: Import of Flat-rolled products of stainless steel covered under ITC(HS) Codes: 7219 or 7220 under Advance Authorisation is subjected to pre-import condition with 6 months Export Obligation Period from the date of clearance of each import consignment by Customs Authority. ALOK VARDHAN CHATURVEDI, Director General of Foreign Trade 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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