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Circular

NOTIFICATION NO. 50/2008, DT. 23/10/2008

Document type
Circular
Reference no.
L
Dated
Category
Notifications Issued In The Year-2008

Amendments in Import Policy - Chapter 68

NOTIFICATION NO. 50/2008, DT. 23/10/2008

Amendments in Import Policy - Chapter 68

S.O. (E) - In exercise of powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy-2004-09, the Central Government hereby amends Schedule-I (Imports) of the ITC (HS) Classifications of Export and Import Items, 2004-09 as under:

1. Import Policy for the following items will be amended as follows:

Exim CodeItem DescriptionsPolicyPolicy conditions
68021000Tiles,cubes…powderFreeImport permitted freely provided cif value is US$ 50 & above per square metre except, in case of import of the product from Nepal. However, the said exemption shall be applicable only on such imports, which have been processed/ manufactured out of marble mined in Nepal. The facility will not be available on products which have been manufactured/ processed in Nepal using imported marble.
68022110Marble blocks/tilesFreeImport permitted freely provided cif value is US$ 50 & above per square metre except, in case of import of the product from Nepal. However, the said exemption shall be applicable only on such imports, which have been processed/ manufactured out of marble mined in Nepal. The facility will not be available on products which have been manufactured/ processed in Nepal using imported marble.
68022120Marble monumental blockFreeImport permitted freely provided cif value is US$ 50 & above per square metre except, in case of import of the product from Nepal. However, the said exemption shall be applicable only on such imports, which have been processed/ manufactured out of marble mined in Nepal. The facility will not be available on products which have been manufactured/ processed in Nepal using imported marble.
68029100Marble, Travertine & AllabasterFreeImport permitted freely provided cif value is US $ 50 & above per square metre except, in case of import of the product from Nepal. However, the said exemption shall be applicable only on such imports, which have been processed/ manufactured out of marble mined in Nepal. The facility will not be available on products which have been manufactured/ processed in Nepal using imported marble.


2. The above amendments will be effective retrospectively, from 30th June, 2008.

3. This issues in public interest.

Sd/-

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

(Issued from F.No. 01/89/180/Misc. 06/AM08/PC-2(A)

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