PUBLIC NOTICE NO.21/2016, DT. 06/07/2016
- Document type
- Circular
- Dated
- Category
- Public Notices w.e.f 01/04/2016
Amendment of SION for the export product under S.No.A1875
Amendment of SION for the export product under S.No.A1875
In exercise of the powers conferred under paragraph 1.03 of the Foreign Trade Policy 2015-2020 and paragraph 1.01 of Handbook of Procedure (Vol I.), the following amendments are made in the Handbook of Procedures Vol.II.
2. The existing entry in SION A-1875 of the Product Group `Chemical and Allied Products' is amended as under:
| Exports | Imports | ||||
| SION No | Export Item | Qty | S. No. | Import Item | Qty allowed |
| A-1875 | Upgraded Beneficiated Ilmenite (Synthetic Rutile) containing Titanium Dioxide of 90-96% concentration (Specific % concentration to be mentioned) | 1 Kg. | 1 | Furnace Oil | 1.068 kg. |
| OR | |||||
| Coal | 1.000 kg. | ||||
| 2 | Ilmenite Ore containing Titanium Dioxide of 49%-57% concentration (Specific% concentration to be mentioned | To be calculated as per the guidelines mentioned in the following note | |||
| 3 | Coke | 0.182 kg. | |||
Note :
I-Specific percentage of Titanium dioxide in export product to be mentioned in export documents.
II- Specific percentage of Titanium dioxide in import item 2 to be mentioned in import documentation.
III- For the purpose of entitlement of imported raw material, the percentage concentration of export item as well as concentration of import item 2 should be taken. For this the entitlement should be worked out considering 13.6% wastage on the actual net content of Titanium dioxide both in the export product and import product.
Eg:- If the export product contains 90% Titanium dioxide [weighted average of all shipments and import item i.e. Ilmenite ore contains 50% Titanium dioxide [weighted average of all bill of entries], entitlement may be worked out based on following formula:
Entitlement of import product per kg of export product = 90% * 1.136/50% = 2.045 kgs
3. Effect of this amendment:
The standard Input Output Norms (SION) for export product under S No. A 1875 has been reviewed. There is change in the description of the Export and Import items.
(Anup Wadhawan)
Director General of Foreign Trade
Email: dgft@nic.in
(Issued from File No. 01/83/71/18/AM-15/DES-IV)