POLICY CIR NO. 10/2008, DT. 05/06/2008
- Document type
- Circular
- Reference no.
- L
- Dated
Endorsement of permitted imports on duty credit scrips, issued under Target Plus Scheme, procedure thereof.
Endorsement of permitted imports on duty credit scrips, issued under Target Plus Scheme, procedure thereof.
In terms of Para 3.7.6 of the FTP, the following are allowed to be imported under the scheme, provided these are freely importable under the ITC HS:
1. Any inputs (having nexus with exported products-Para 3.2.5 of HBP v1)
2. Capital goods including spares (having nexus with exported products-Para 3.2.5 of HBP v1),
3. Office equipment,
4. Professional equipment,
5. Office furniture,
6. Agricultural Products covered under Chapter 1 to 24 except (a) to (f) below. However, Import of all edible oils classified under Chapter 15, shall be allowed under the scheme only through STC and MMTC.
a. Garlic, Peas and all other Vegetables with a Duty of more than 30% under Chapter 7 of ITC (HS) Classification of Export and Import items.
b. Coconut, Areca Nut, Oranges, Lemon, Fresh Grapes, Apple and Pears and all other fruits with a Duty of more than 30% under Chapter 8 of ITC (HS) Classification of Export and Import items.
c. All spices with a Duty of more than 30% under Chapter 9 of ITC (HS) Classification of Export and Import items (except Cloves).
d. Tea, Coffee and Pepper as per Chapter 9 of ITC (HS) Classification of Export and Import items.
e. All Oil Seeds under Chapter 12 of ITC (HS) Classification of Export and Import items.
f. Natural Rubber as per Chapter 40 of ITC (HS).
This issues with the approval of DGFT.
Sd/-
(A.K. Singh)
Joint Director General of Foreign Trade