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December, 2011

Some Important Announcement of the Government during the month of December,2011


1.Notification No. 87(RE-2010)/2009-2014 dated 5th December, 2011 notify exemption of Bhutan from the application of export bans by India on export of Milk Powder, Wheat, Edible Oils, Pulses and Non-Basmati Rice.


2.Notification No. 88(RE-2010)/2009-2014 dated 12th December, 2011notify export of 10,000 Tons of non-Basmati rice to Horn of Africa (Kenya, Somalia & Djibouti) from Central Pool Stock of FCI at economic cost has been permitted.


3.Notification No. 89(RE-2010)/2009-14 dated 15th December,2011 notify the deferment in the date of effect of one provision contained in Note-6 of Notification No. 82 of 31.10.2011 relating to export of meat.DGFT has notifies that Raw material for export of meat and meat products must be sourced exclusively from APEDA.


4.Notification No. 90(RE-2010)/2009-14 dated 15th December, 2011 notify export of Empty Gelatin Capsules to EU, not intended for human consumption made free.


5.Prohibition on import of milk and milk products (including chocolates and chocolate products and candies/confectionary/food preparations with milk or milk solids as an ingredient) from China is further extended till 24.06.2012 by Notification No. 91(RE-2010)/2009-14 dated 26th December, 2011.


6.Notification No. 92(RE-2010)/2009-14 dated 28th December, 2011 amends supplies to non mega power projects shall henceforth be entitled to benefits for Deemed Exports only under Para 8(3)a of FTP. viz/Advance Authorization/Advance Authorization for annual requirements/ DFAI. .  

7.Public Notice No. 85/ (RE02010)/2009-2014 dated 14th December, 2011 notify the fixation of new Standard input-Output Norms for the export product "Polytetrafluorethylene/PTFE POWDER/Granular PTFE Known as Teflon.


8.Public Notice No. 86/(RE02010)/2009-2014 dated 21st December, 2011 issuesthe corrigendum in description of export item at Sl. No. 1011, Product Code – 62 of the DEPB Rate Scheduleread as "Metamitron Technical (98% Min.).


9.Public Notice No. 87/ (RE02010)/2009-2014 dated 22nd December, 2011 notify the deferment in the date of effect for implementation of Bar-coding on primary and secondary level packaging of pharma exports with effect from 1st Jan 2013 and 1st July 2012 respectively.


10.Public Notice No. 88/(RE-2010)/2009-14 dated 27th December, 2011 notify the existing ceiling of 14% of FOB value within the overall CIF value of the licence will be enhanced to 26% of FOB value for specialty textile products like Fire Retardant textile product as well as for Water, Oil and Stain repellant textile products.


11.Policy Circular No. 49(RE-2010)/2009-14 dated 22nd December, 2011 notify online transmission of DES (Advance Authorization and DFIA) and EPCGat Krishnapatnam Port (INKRII) w.e.f. 23rd December, 2011.


12Policy Circular No. 50(RE-2010)/2009-14 dated 28th December, 2011 clarifies on Deemed Export benefits when imported capital goods are directly supplied as such to Project Authority.


13.Policy Circular No. 51 (RE-2010)/2009-14 dated 28th December, 2011 clarifies on registration of contracts of cotton and cotton yarn (HS Code NO. 5201 & 5203) with DGFT.


December, 2011