PUBLIC NOTICE NO. 42/2008, DT. 04/07/2008
- Document type
- Circular
- Reference no.
- L
- Dated
- Category
- Public Notices w.e.f 01/04/2008
General Note for Fuel - Import of fuel under Advance Authorisation
General Note for Fuel - Import of fuel under Advance Authorisation
1. The Last Paragraph to General Note for Fuel in HBP, Vol. 2 as amended vide Public Notice 110 dated 15.2.2008 stands replaced by the following clause:
For the purpose of import of fuel under Advance Authorisation, the applicant shall indicate the name of the specific fuel sought for import in their application. Import of fuel shall also be permitted under Paragraph 4.7 of Handbook of Procedures, v1 or against Adhoc Norms as per the entitlement under General Note for Fuel. In case of DFIA and erstwhile DFRC, import entitlement for fuel as per SION may be transferred only to companies which have been granted licences to market fuel by the Ministry of Petroleum and Natural Gas. For the purpose of calculation of DEPB rates, fuel shall not be taken into account. However, exporter can apply for fixation of DEPB rate (Brand Rate) in ANF 4C for the component of customs duty on fuel under DEPB Scheme.
This issues in public interest.
Sd/-
(R.S. Gujral)
DIRECTOR GENERAL OF FOREIGN TRADE
Ex-Officio Additional Secretary to the Government of India