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Core Purpose

Public Notice by the Directorate General of Foreign Trade further extending the abeyance of Public Notice No. 05/2024 modifying wastage norms for Gold/Platinum/Silver export items.

Detailed Summary

By Public Notice No. 20/2024-25 (F. No. 01/94/180/104/AM24/PC-4) dated 29 August 2024, the Directorate General of Foreign Trade (Department of Commerce, Ministry of Commerce and Industry), in exercise of powers under paragraph 1.03 and 2.04 of the Foreign Trade Policy 2023, further extended the abeyance of Public Notice No. 05/2024 dated 27 May 2024, which had modified the wastage permissible and Standard Input Output Norms (SION) with reference to Gold/Platinum/Silver content in export items, until 15 September 2024. The abeyance follows a representation from the Gem & Jewellery Export Promotion Council (GJEPC); Public Notice No. 05/2024 had previously been held in abeyance until 31 July 2024 vide Public Notice No. 06/2024 dated 28 May 2024, and then until 31 August 2024 vide Public Notice No. 16/2024-2025 dated 29 July 2024, pending consideration of proposed wastage norm revisions recommended by the Norms Committee. For the interim period, the wastage norms under Paragraph 4.59 of the Handbook of Procedures 2023 and SIONs M1 to M7 that existed prior to Public Notice No. 05/2024 stand restored. The notice is signed by Santosh Kumar Sarangi, Director General of Foreign Trade and Ex-officio Additional Secretary.

Full Text

EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY ( ) .—tcfd fnukad 27 -05-2024 dh lkoZtfud lwpuk la- 05@2024 dks fu;kZr en esa lksuk@IysfVue@pkanh lkexzh ds lanHkZ esa vuqer ;ksX; Nhtu vkSj ekUkd fufof"V mRiknu ekunaM dks la 'kksf/kr djus ds fy, tkjh fd; k x;k FkkA rFkkfi] jRu vkSj vkHkw"k.k fu;kZr laoZ/ku ifj"kn ¼thtsbZihlh½ ds vH;konsu dks /;ku esa j[krs gq, fnukad 27 -05-2024 dh lkoZtfud lwpuk la - 05@2024 dks fnukad 28 -05-2024 dh lkoZtfud lwpuk la - 06@2024 }kjk 31-07-2024 rd izkLFkfxr fd;k x;k Fkk ftls fnukad 29 -07-2024 dh lkoZtfud lwpuk la- 16@2024&25 }kjk fQj 31-08-2024 rd izLFkkfxr fd;k x;k FkkA bl chp] bl dk;kZy; dks ekunaM lfefr }kjk vuq'kaflr Nhtu ekunaM ds izLrkfor la'kks/ku izkIr gq, gSa vkSj ;g fopkjk/khu gSA सं. 227] नई दिल्ली , िुक्रवार , अगस्ट्त 30, 2024/भाद्र 8, 1946 No. 227] NEW DELHI, FRIDAY , AUGUST 30, 2024 /BHADRA 8, 194 6 CG-DL-E-31082024-256814 2- rnuqlkj] le;≤ ij ;Fkk la'kksf/kr fons'k O;kikj uhfr 2023 ds iSjk 1 -03 vkSj 2 -04 ds rgr iznÙk 'kfDr;ksa dk iz;ksx djrs gq, egkfuns 'kd] fons'k O;kikj ,rn~}kjk fnukad 27 -05-2024 dh lkoZtfud lwpuk la- 05@2024 dks vkxs flrEcj] 2024 dh 15 rkjh[k rd dh vof/k ds fy, izkLFkfxr djrs gSaA varfje vof/k gsrq] mDr lkoZtfud lwpuk la - 05@2024 fnukad 27 -05-2024 ds tkjh gksus ls iwoZ ;Fkk fo|eku izfØ;k iqLrd 2023 ds iSjk 4 -59 ds rgr Nhtu ekunaM vkSj flvksu ,e1 ls ,e7 rd dks cgky fd;k x;k gSA fnukad 27 -05-2024 dh lkoZtfud lwpuk la - 05@2024 dks ekuanM lfefr }kjk vuq'kaflr Nhtu ekunaM ds izLrkfor la'kks/ku ij lq>[email protected];ks adks vkeaf=r djus gsrq flrEcj] 2024 dh 15 rkjh[k rd izkLFkfxr j[kk tkrk gSA larks"k dqekj lkjaxh] egkfuns'kd] fons'k O;kikj ,oa insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce ) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 29th August, 2024 No. 20/2024 -25 Subject: Further abeyance of Public Notice No. 05/2024 dated 27.05.2024 until 15.09.2024. F. No. 01/94/180/104/AM24/PC -4.—Whereas Public Notice No. 05/2024 dated 27.05.2024 had been issued to modify the wastage permissible and Standard Input Output Norms with reference to Gold/Platinum/Silver content in export item. However, keeping in view the representation of the Gem & Jewellery Export Promotion Council (GJEPC), Public Notice No. 05/2024 dated 27.05.2024 had been kept in abeyance till 31.07.2024 vide Public Notice No. 06/2024 dated 28.05.2024 which had been further kept in abeyance till 31.08.2024 vide Public Notice No. 16/2024 -2025 dated 29.07.2024. This office has meanwhile received the proposed revision of wastage norms recommended by the Norms Committee and it is under consideration. 2. Accordingly, DGFT in exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade Policy 2023 as amended from time to time hereby places the Public Notice No. 05/2024 dated 27.05.2024 in abeyance for a further period up to 15thof September, 2024. For the interim period, wastage norms under Para 4.59 of Handbook of Procedures 2023 and SIONs M1 to M7 as existed prior to issuance of the said Public Notice No. 05/2024 dated 27.05.2024 stand restored. Effect of the Public Notice: Public Notice No. 05/2024 dated 27.05.2024 is kept in abeyance till 15thof September, 2024 for inviting suggestions/ comments on the proposed revision of wastage norms recommended by the Norms Committee. SANTOSH KUMAR SARANGI , Director General of Foreign Trade Ex-officio Addl. Secy . Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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