Policy Circular No.03 (RE-2013)/2009-2014 Dated the 2nd
August, 2013
Subject: Withdrawal of Policy Circular No.30 dated 10.10.2005 on Importability
of Alternative inputs allowed as per SION.
Notification No.31 has been issued on 1st August, 2013 which stipulates
“inputs actually used in manufacture of the export product should only be
imported under the authorisation. Similarly inputs actually imported must be
used in the export product.” Accordingly, the earlier Policy Circular No.30
dated 10.10.2005 becomes infructuous and hence stands withdrawn.
2. This is to reiterate that duty free import of inputs under Duty
Exemption/Remission Schemes under Chapter-4 of FTP shall be guided by the
Notification No. 31 issued on 1.8.2013. Hence any clarification or notification
or communication issued by this Directorate on this matter which may be
repugnant to this Notification shall be deemed to have been superseded to the
extent of such repugnancy.
3. This issues with the approval of Director General of Foreign Trade.
(Jaikant Singh)
Joint Director General of Foreign Trade
(Issued from F. No. 01/94/180/165/AM 12/PC- 4)
|
|