Public Notice No. 15/2009-2014 Dated 27.09.2009
Value Addition under Advance Authorization Scheme for the authorization issued prior to 27/08/2009

In exercise of powers conferred under Para 2.4 of the Foreign Trade Policy, 2009-14, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures (Vol.1), 2009-14:-

1. At the end of paragraph 4.21, the following clause shall be added:

“However, in case of advance authorisations issued prior to 27.8.09 under the FTP, 2004-09, the following conditions shall apply for any enhancement in the value of the authorisation:

(i) Wherever, exports are subsequent to 27.8.09, enhancement in CIF/FOB values shall be subject to a minimum value addition (VA) of 15% for that component of exports.

(ii) Wherever, the exports are prior to 27.8.09, enhancement of CIF/ FOB value shall be subject to a minimum Value addition of 15% or the V.A. declared in the original Advance Authorization application, whichever is lower.

This issues in public interest.

Sd/-
(R.S. Gujral)
Director General of Foreign Trade

(F.No. 01/94/180/FTP/09-10/AA/AM10/PC-4)