PUBLIC NOTICE No.48/2013, DT. 10/01/2014
- Document type
- Circular
- Reference no.
- Q
- Dated
- Category
- Public Notices w.e.f 18/04/2013
Amendment in Para 5.3.1 of Handbook of Procedure Vol.I, 2009-2014
Amendment in Para 5.3.1 of Handbook of Procedure Vol.I, 2009-2014
In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy 2009-2014, the Director General of Foreign Trade hereby makes the following amendment in sub-para (a) of para 5.3.1 of the Handbook of Procedure Vol.I, 2009-2014:
2. Existing sub-para (a) of para 5.3.1 shall be replaced and the amended sub-para shall read as under (new sentence being added at the end of the para is in bold letters for easy reference):
“(a) Authorization holder shall produce to the concerned RA a certificate from the Jurisdictional Central Excise Authority, confirming installation of Capital Goods at factory/premises of authorization holder or his supporting manufacturer(s)/vendor(s) within six months from date of completion of import. However, extension in time for Installation of Capital Goods upto a maximum period of 18 months from the date of completion of import may be considered by the concerned RA.”
Effect of this Public Notice: Power for extension in time for installation of Capital Goods is being delegated to regional authorities.
Sd/-
(Anup K. Pujari)
Director General of Foreign Trade
email: dgft@nic.in
(Issued from File No. 01/36/218/159/AM-14/EPCG-I)