Home India Ministry of Commerce and Industry In exercise of powers conferred under Paragraph 2 04 of the ...
Date: 2019-09-30 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred under Paragraph 2 04 of the Handbook of Procedures,

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Summary:** This Public Notice No. 38/2015-2020, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Department of Commerce, on September 30, 2019, concerns amendments to the procedure for availing Transport and Marketing Assistance (TMA) for Specified Agriculture Products. The amendments pertain to Aayat Niryat Form 7AA, as outlined in Chapter 7A of the Handbook of Procedures 2015-20. Specifically, the notice clarifies that wherever the term "CIF" (Cost, Insurance, and Freight) is used in ANF7AA, it should be read as "CIFCF" (Cost, Insurance, Freight, and Cost & Freight). This change is implemented because Cost & Freight (CF) exports are also eligible for TMA. The amendments are effective from March 20, 2019, the date of Public Notice 82/2015-20. The issuing authority is Alok Vardhan Chaturvedi, Director General of Foreign Trade and Ex-Officio Secretary.

Key Entities Referenced

Alok Vardhan Chaturvedi: Director General of Foreign Trade and Ex-Officio Secretary Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industry. Directorate General of Foreign Trade: An attached office of the Ministry of Commerce and Industry, responsible for implementing the foreign trade policy. New Delhi: The location where the Public Notice was issued. Transport and Marketing Assistance (TMA): A scheme to provide assistance for transport and marketing of specified agriculture products. Aayat Niryat Form 7AA: A form related to import and export procedures, subject to amendments as per the notice. Handbook of Procedures 2015-2020: A document containing procedures related to foreign trade, which is being amended. CIF: Cost, Insurance and Freight
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