Home India Ministry of Commerce and Industry In exercise of powers conferred under paragraph 2 point 04 o...
Date: 2016-07-11 Category: Extra Ordinary State: Union Government Country: India

In exercise of powers conferred under paragraph 2 point 04 of the Foreign Trade Policy

Issued by Ministry of Commerce and Industry · Department of Commerce

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Executive Summary & Key Takeaways

**Summary:** This Public Notice, issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, on July 11, 2016, announces an extension to the application deadline for the Tariff Rate Quota (TRQ) on Maize for the fiscal year 2016-2017. Specifically, the time limit for submitting completed applications in ANF2M for the allocation of TRQ on Maize is extended to August 8, 2016. This relaxation is issued under the powers conferred by paragraph 2.04 of the Foreign Trade Policy 2015-2020, and pertains to paragraph 2.62 I of the Handbook of Procedure, 2015-2020. Eligible State Trading Enterprises (STEs) seeking to avail the quota to import 500,000 metric tons of Maize Corn for the year 2016-2017, as per Para 2.60 of the Handbook of Procedure, 2015-2020, may submit their applications in ANF 2M to DGFT, Udyog Bhavan, New Delhi – 110011, along with the prescribed documents and fees, on or before August 8, 2016. The Public Notice, numbered 22/2015-2020, F. No. 01/53/162/Misc/AM17/A/27/IC, is signed by Anup Wadhwan, Director General of Foreign Trade.

Key Entities Referenced

Foreign Trade Policy 2015-2020: A government policy related to foreign trade, valid from 2015 to 2020. Directorate General of Foreign Trade: The organization responsible for managing foreign trade policies. Handbook of Procedure, 2015-2020: A manual outlining the procedures related to the Foreign Trade Policy 2015-2020. Tariff Rate Quota (TRQ): A quota system for tariffs, specifically related to maize in this context. Maize: The agricultural commodity (corn) that is subject to the import quota. State Trading Enterprises (STEs): Eligible entities that can avail quota to import maize. ANF 2M: Application form for allocation of Tariff Rate Quota TRQ on Maize. Udyog Bhavan, New Delhi 110011: Address of DGFT office where application is to be submitted
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