In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09

Notification No: Public Notice - 39
Notification Date: 2008-07-04
Issuing Authority: DGFT-Public Notice
Subject: In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2004-09

TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY

(PART-I SECTION)

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)

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