Full Text
REGD. No. D. L.-33004/99
The Gazette of India
CG-DL-E-08012025-260007
EXTRAORDINARY
PART I—Section 1
PUBLISHED BY AUTHORITY
NEW DELHI, MONDAY, JANUARY 6, 2025/PAUSHA 16, 1946
No. 05]
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
PUBLIC NOTICE
New Delhi, the 3rd January, 2025
No. 38/2024-25
Subject: Amendment in Para 6.06 of HBP, 2023- Regarding
F. No. 01/92/180/42/AM25/PC-6/E-40655.-In exercise of the powers conferred under Paragraphs 1.03 and
2.04 of the Foreign Trade Policy, 2023, as amended from time to time, the Director General of Foreign Trade hereby
makes the following amendments in Para 6.06 (c) (ii) and Para 6.06 (c) (iii) of HBP, 2023:
+----------+-----------------------------------------------------------------+---------------------------------------------------------------------+
| Para | Existing Para | Amended Para |
| No. | | |
+==========+=================================================================+=====================================================================+
| 6.06 (c) | However, imported tea shall be utilized within a period of 6 | However, imported tea shall be utilized within a period of 6 |
| (ii) | months from date of import. Similarly, export obligation | months from the date of import. Similarly, export obligation |
| | against import of items {covered by Chapter 9 of ITC(HS)} | against the import of items {covered by Chapter 9 of ITC(HS)} |
| | and coconut oil shall be fulfilled within a period of 90 days | and coconut oil shall be fulfilled within a period of 6 months |
| | from the date on which first import consignment is cleared | from the date on which the first import consignment is cleared |
| | by Customs Authorities. | by Customs Authorities. |
+----------+-----------------------------------------------------------------+---------------------------------------------------------------------+
| 6.06 (c) | Further, in case of import of spices for VA purpose like | Further, in case of import of spices for VA purposes like |
| (iii) | crushing / grinding / sterilization or for manufacture of oils | crushing / grinding/sterilization or for the manufacture of oils |
| | and oleoresins of pepper, cardamom and chillies (and not for | and oleoresins of pepper, cardamom and chillies (and not for |
| | simple cleaning, grading, re- packing etc.), EO shall be | simple cleaning, grading, re-packing etc.), EO shall be fulfilled |
| | fulfilled within 120 days from the date of importation of first | within 6 months from the date of importation of first |
| | consignment. In case of import of spices (other than pepper, | consignment. In case of import of spices (other than pepper, |
| | cardamom and chillies) for manufacture of spice oils and | cardamom and chillies) for the manufacture of spice oils and |
| | oleoresins, EO shall be fulfilled within 12 months. | oleoresins, EO shall be fulfilled within 12 months. |
+----------+-----------------------------------------------------------------+---------------------------------------------------------------------+
2. Effect of this Public Notice:
To bring parity with provisions of Chapter 4 of the FTP/HBP, 2023 the provisions of Para 6.06 (c)(ii) and Para
6.06(c)(iii) of the HBP, 2023 stand amended for ease of doing business.
SANTOSH KUMAR SARANGI, Director General of Foreign Trade Ex-Officio Addl. Secy.