TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
PUBLIC NOTICE NO. 39 (RE 2008)/2004-09
NEW DELHI DATED THE 4TH JULY, 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 Handbook of Procedures, 2004-09 Vol.I (RE 2008). The following shall be added at the end of paragraph 5.7.4:
"Exports made against an EPCG licence/authorization, which have not been redeemed, shall not be added up for calculating the average export performance for the purpose of subsequent EPCG authorization."
The above provision shall be applicable to all EPCG licences issued on or after 1.4.2007.
This issues in Public Interest.
( R.S. Gujral )
Director General of Foreign Trade and
Ex-Officio Additional Secretary to the Government of India
(Issued from F. No. 01/36/218/15/AM09/EPCG.I)