POLICY CIR NO. 13/2006, DT. 20/07/2006
- Document type
- Circular
- Reference no.
- J
- Dated
Clarification regarding meaning of term Duty - Utilizing DFCE issued under DFCE for Status Holder Scheme and Target Plus Scheme
Clarification regarding meaning of term Duty - Utilizing DFCE issued under DFCE for Status Holder Scheme and Target Plus Scheme
2. The word Duty appears in Para 3.2.5 of Handbook of Procedures (Vol.I) of EXIM Policy (2002-07) and Para 3.7.6 of Foreign Trade Policies issued on 31.03.2004 and revised Foreign Trade Policy 2004-2009 (updated as on 31.03.2005) states; where import of Agricultural Products listed in Chapter 1 to 24 of ITC (HS) Classification of Export and Import items except the following were allowed:
(i) 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.
(ii) 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.
(iii) All spices with a Duty of more than 30% under Chapter 9 of ITC (HS) Classification of Export and Import items (except Cloves) in addition to other items listed in the Para.
3. Representations have been received from various quarters seeking clarification regarding the meaning of term duty appearing in the above sub-paragraphs (i), (ii) & (iii) of Para 3.2.5 of Handbook of Procedures (Vol.I) of EXIM Policy (2002-07) and sub paragraph (i), (ii) and (iii) of Para 3.7.6 of Foreign Trade Policy.
4. The matter has been examined and it is clarified that the term Duty appearing in above sub-paragraphs means Basic Customs Duty only.
5. This issues with the approval of Director General of Foreign Trade.
Sd/-
(Subhash R)
Assistant Director General of Foreign Trade