POLICY CIR NO. 27/2005-09, DT. 05/10/2005
- Document type
- Circular
- Reference no.
- I
- Dated
DFCE under EXIM Policy (2003-04), clarification regarding nexus with product group
DFCE under EXIM Policy (2003-04), clarification regarding nexus with product group
2. In terms of Para 3.7.2.1 (vi) of EXIM Policy (2002-07) issued on 31.03.2003, as amended. Representations were received from Trade & Industry to clarify the scope and meaning of nexus with product group, as contained in Para 3.2.6A (II) of the Handbook of Procedures Vol. I as amended.
3. It has been decided that; besides Capital Goods having the capability to produce any of the goods covered in the respective Product Groups and Office equipments; the following shall be within the scope of nexus with product group:
- a. With respect to Product Group at Sr. No. 1 to 10 of the Appendix 17D, any input listed in the relevant product group category of the SION Book.
b. With respect to Gems and Jewelry Sector falling under Miscellaneous Product Group, import permissibility will be as allowed under Chapter 4A of the Policy/Handbook of Procedures Vol. 1, for the sector.
5. It has also been decided that in case the applicant so desires the Zonal Office can endorse the import list on duty free credit entitlement certificate.
6. However, in case the import item is fuel, it shall be mandatory to adhere to the limitation as per the general note in the SION Book.
This issues with the approval of DGFT
Sd/-
A K Singh
Joint DGFT