In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy

Notification No: Public Notice - 22
Notification Date: 2008-06-02
Issuing Authority: DGFT-Public Notice
Subject: In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY
(PART-I, SECTION-1)

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE

PUBLIC NOTICE No. 22 (RE-2008) /2004-09
NEW DELHI: the 2nd June, 2008

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-09, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures, Vol. 1(RE-2008):

1. The following sub-paragraph stands added at the end of paragraph 4.22.1:-

“Whenever a ban / restriction is imposed on export of any product, export obligation period in respect of advance authorisation already issued prior to imposition of ban, would stand automatically extended for a period equivalent to the duration of ban, without any composition fee”.

This issues in public interest.

(R.S. Gujral)
Director General of Foreign Trade
And Ex-Officio Additional Secretary to the Govt. of India

(Issued from File No.01/94/180//EOP Extension/AM-09/PC-4)

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