Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 Circulars - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
  • Title Only
Law:
---- All Laws----
  • ---- All Laws----
  • Income Tax
  • Central GST Laws
  • SGST - State GST Laws
  • Customs
  • FTP - Foreign Trade Policy
  • SEZ - Special Economic Zone
  • FEMA - Foreign Exchange Management
  • Companies Law
  • SEBI - Securities & Exchange Board of India
  • IBC - Insolvency and Bankruptcy
  • LLP - Limited Liability Partnership
  • Trust and Society
  • PMLA - Money-Laundering
  • Indian Laws
  • Service Tax
  • Central Excise
  • DVAT - Delhi Value Added Tax
  • Reserve Bank of India
Year: ?
Publishing Year
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2002
  • 2001
  • 2000
  • 1999
  • 1998
  • 1997
  • 1996
  • 1995
  • 1994
  • 1993
  • 1992
  • 1991
  • 1990
  • 1989
  • 1988
  • 1987
  • 1986
  • 1985
  • 1984
  • 1983
  • 1982
  • 1981
  • 1980
  • 1979
  • 1978
  • 1977
  • 1976
  • 1975
  • 1974
  • 1973
  • 1972
  • 1971
  • 1970
  • 1969
  • 1968
  • 1967
  • 1966
  • 1965
  • 1964
  • 1963
  • 1962
  • 1961
  • 1960
  • 1959
  • 1958
  • 1957
  • 1956
  • 1955
  • 1954
  • 1953
  • 1952
  • 1951
  • 1950
  • 1949
  • 1948
  • 1947
  • 1946
  • 1945
  • 1944
  • 1943
  • 1942
  • 1941
  • 1940
  • 1939
  • 1938
  • 1937
  • 1936
  • 1935
From Date:
To Date:
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
❯❯
MaximizeMaximizeMaximize
0 / 200
Expand Note
Add to Folder

No Folders have been created

    +

    Are you sure you want to delete "My most important" ?

    NOTE:

    Circulars
    Showing Results for :
    Reset Filters
    Results Found:
    Show All SummariesHide All Summaries
    Export of Fodder including wheat and rice straw
    Show AI Summary
    Export of fodder ceilings and state procurement prohibition impose application and documentation requirements for exporters.
    Export of fodder including wheat and rice straw is permitted only within set ceilings for the 2000-2001 financial year, with procurement from Madhya Pradesh, Gujarat, Rajasthan and Orissa expressly prohibited due to drought; exporters must submit one application within fifteen days on the prescribed form, include their profile and an export order or irrevocable letter of credit, and provide an affidavit certifying compliance with the procurement prohibition. Licences will be allocated proportionately by the Export Licensing Committee under DGFT, and earlier suspended applications are deemed closed but may be reapplied for.
    Execution of BG/LUT in respect of EPCG Licences
    Show AI Summary
    Bank guarantee requirement for EPCG licences must be determined and executed with Customs, not fixed by licensing authorities.
    Requirement that EPCG licence holders execute a Bank Guarantee or Legal Undertaking for duty free imports must be made with the Customs authorities in the manner they prescribe; licensing authorities should not fix the quantum of the guarantee on EPCG licences but only require that the BG be executed with Customs in terms of the Export and Import Policy before goods clearance.
    Specification of quantitative ceiling on export of Wheat & Coarse grains during Licensing Year 2000-2001
    Show AI Summary
    Export quantity ceilings permit additional wheat and coarse grain shipments via APEDA allocations and RCAC issuance.
    Additional export ceilings for the 2000-2001 licensing year place specified quantities of wheat and designated coarse grains at APEDA's disposal for issuance of RCACs. Wheat exports are permitted from Central Pool stocks via RCACs issued to designated public agencies. Coarse grains receive a separate ceiling with explicit allotments to NCCF, NAFED, STCL and a remaining allocation for other exporters, thereby centralising export allocation and authorisation through APEDA.
    Bank Certificate under DEPB
    Show AI Summary
    Conversion of FOB value to rupees using TT buying rate requires bank certificate endorsement and DEPB credit computation accordingly.
    FOB values for DEPB must be converted into Indian rupees using the authorised dealer's TT buying rate on the date export documents are purchased/negotiated/collected; the resulting rupee FOB is then used to apply the DEPB rate of credit. Applicants must submit bank certificates with an endorsement certifying the date of purchase/negotiation/collection and the TT buying rate. The endorsement is required even if proceeds are realised and for all cases where DEPBs have not been issued; exporters with file numbers assigned prior to 29/9/2000 are exempt.
    Amendment in Para 8.75 and Appendix 28 A of H.B. Vol. I
    Show AI Summary
    Duty free jewellery sales permission: EOUs and EPZ/SEZ units must export or return unsold items and maintain specified documentation.
    EOUs, EPZ units and Nominated Agencies are authorised to operate duty free airport showrooms for sale of plain and studded jewellery subject to Customs procedure; unsold jewellery after 60 days must be exported or returned and prescribed minimum value addition achieved. Nominated Agencies must provide Customs countersigned sale/unsold statements, agency certificates of parcel values and FIRCs; DTA units claiming replenishment must also submit Customs attested invoices/shipping bills and the specified agency certificate.
    Quality Standards for 131 Import Products
    Show AI Summary
    Applicability of quality standards clarified: legacy letters of credit and prior shipments exempted; packaging rules apply to all imports.
    Imports under an irrevocable letter of credit established before the notification and shipments made prior to the notification date per the Handbook of Procedures are exempt from the new conditions; separately, Indian quality standards apply to the 131 listed products independently, while the Standards of Weights and Measures (Packaged Commodities) Rules, 1977 apply to all imported pre packaged products.
    Substitution of note appearing below Para 7.19
    Show AI Summary
    UN location code substitution allowed for unspecified ports; licensing authority must record the actual port when issuing licences.
    Where UN location codes for certain sea ports, air ports or ICDs are not available, exporters may file electronic applications under the duty exemption scheme using the code "99 - Miscellaneous;" the licensing authority must indicate the actual port when issuing the licence. The substitution to the Handbook of Procedures is effected under paragraph 4.11 of the Export and Import Policy to remedy filing difficulties caused by unavailable UN codes.
    Amendments to the procedure regarding import of Seconds/defectives of Steel Items
    Show AI Summary
    Import controls on seconds and defective steel require designated seaports and mandatory preshipment certification for inspection and classification.
    Imports of specified seconds and defective steel items are restricted to designated customs seaports and must be accompanied by a preshipment certificate from an approved inspection agency certifying material description, quality, chemical analysis, visual inspection, thickness and width, and the applicable ITC (HS) Code.
    Rupee deposits from Indian Importers under Direct payment/ letter of Commitment Procedure
    Show AI Summary
    Rupee liability rules for imports financed by external assistance require deposits and prescribed interest rates for delayed payments.
    Imports financed by External Assistance under the Direct Payment/Letter of Commitment procedure create a Rupee liability on importers equal to the Rupee equivalent of donor payments as intimated by the Aid Accounts and Audit Division, determined using the RBI selling rate for government transactions or the donor loan currency where no RBI rate exists. Interest on the Rupee liability is prescribed by importer category and timing of deposit, with exemptions for Central and State Government ministries/departments, and the rounded amount plus interest must be deposited to the designated government account with a receipted challan forwarded to the Aid Accounts and Audit Division.
    Amendment in Paragraph 7 on page 2 of the H.B. of Procedure Vol. II
    Show AI Summary
    Inclusion of furnace oil in input norms limited to standard norms and may be allowed by advance licensing committee.
    Amendment clarifies that where Furnace Oil is permitted in standard input-output norms it includes both LSHS and HFO, and that such allowance is confined to items specifically permitted in the standard norms and is not available against ad hoc norms, DFRC, or paragraph 7.5 of Handbook Vol. I. Furnace Oil may be allowed by the Advance Licensing Committee for actual user licences where fuel cost constitutes a substantial portion of the total manufacturing cost; cost of manufacture must reflect ex-factory value of the product and the international fuel price.
    Amendments/modifications & additions in SION
    Show AI Summary
    Standard Input-Output Norms amendment revises permitted import inputs and ratios for chemical, engineering, food and plastic exports.
    The Director General of Foreign Trade, under Paragraph 4.11 of the Export and Import Policy 1997-2002, issues amendments, substitutions, deletions and additions to the Standard Input Output Norms in the Handbook of Procedures, Vol.2. The Public Notice prescribes detailed corrections and new SION entries across Chemicals and Allied Products, Engineering Products, Food Products and Plastic Products, specifying permitted import inputs, precise input to export ratios, CIF/FOB value caps for certain inputs, conditional substitution rules and pro rata calculation notes for variable component weights.
    5% EPCG Scheme - Import of Cars/ Microbuses by Tour Operators, etc
    Show AI Summary
    Exemption from bank guarantee for status hotels allows import of cars under EPCG; other licence holders must provide BG.
    Hotels holding status certificates may import cars and microbuses under the EPCG scheme without executing a bank guarantee (BG) equal to the duty saved amount; both status and non status hotel and tourism licence holders may apply for imports under the scheme, but all applicants except the expressly exempted status hotels must submit a BG equivalent to 100% of the duty saved amount.
    Amendment in Paragraph 4.2 of the H.B. of Procedure Vol.I
    Show AI Summary
    Sanctions-conditioned trade: imports and exports with Iraq permitted only with prior UN sanctions committee approval.
    Amendment to paragraph 4.2 restricts the general validity of import/export authorisations by excluding Iraq, while permitting imports from and exports to Iraq only where prior approval of the relevant United Nations Security Council sanctions committee has been obtained.
    Classification of various Products under ITC(HS) Classifications of Exports & Imports Items (1997-2002) - Clarifications regarding
    Show AI Summary
    Product classification under ITC(HS): clarifications issued assigning Exim codes and noting operative conditionalities.
    Clarification on classification of specific products under the ITC(HS) Classifications for exports and imports: DGFT examined representations and, via a committee, advised applicants of appropriate Exim codes. The circular lists commodity codes for chemicals, metals, plastics, textiles, optical and electronic equipment, vehicle safety parts, and controlled defensive devices, noting operative qualifications where relevant (e.g., fertilizer control conditions, dependence on raw-material composition, safety necessity, power capability, or requirement of administrative approval).
    Amendment in H.B. Vol. I
    Show AI Summary
    Diamond Dollar Account rules expanded to require dollar designated payments and enable bonded warehouses to operate under the scheme.
    Amendments require banks to designate dollar facilities to diamond traders and bonded warehouses as borrowings in Diamond Dollar Accounts; eligible firms and bonded warehouses may open up to two Diamond Dollar Accounts. Private/Public Bonded Warehouses may operate under the Diamond Dollar Account Scheme with a customs endorsement requiring import payments from Diamond Dollar Accounts, may sell rough diamonds to buyers operating under the scheme with dollar payments from their Diamond Dollar Accounts, and may sell to non scheme exporters provided payment is made in dollars by debiting the exporter's Exchange Control copy of the licence and credited to the warehouse owner's Diamond Dollar Account.
    Amendment in H.B. Vol. I
    Show AI Summary
    Fuel import under SION permitted with strict eligibility, licence and DEPB exclusion conditions affecting input treatment.
    Applicants must furnish a specified self-addressed stamped envelope for dispatch with prescribed postage bands; fuel may be imported under SION only where it comprises not less than fifteen percent of manufacturing cost, only under SION and against actual user licences, and excluded when fixing DEPB rates; indigenous suppliers in certain deemed export supplies must prove realisation through normal banking channels or receive account-payee cheques; DEPB entries, product descriptions, scrap/waste percentages and FTZ/SEZ/EOU exemption authority entries are amended across several appendices.
    Amendments/modifications & additions in SION
    Show AI Summary
    Amendment of Standard Input Output Norms revises input lists, accountability and packaging rules governing exports and permitted imports.
    Amendment of powers under Paragraph 4.11 revises the Standard Input Output Norms in the Handbook of Procedures Vol. II by adding, substituting, deleting and correcting SION entries across Chemicals, Engineering, Food, Plastic and Textile sectors. The Notice prescribes updated input lists, permitted quantities, alternative input options, packaging and wastage rules, net to net accountability requirements, bifurcation and certification obligations, and formulae for pro rata calculation where component weights or solid contents vary, as detailed in Annexures A-F.
    Issuance of transferable advance licence in respect of exports effected prior to 01.04.2000
    Show AI Summary
    Transferable advance licence issuance restricted after policy revision; prorata enhancement allowed only for existing licences tied to pre-revision exports.
    Transferable advance licences shall not be issued after the revised EXIM Policy notification, even for exports effected before that revision. Prorata enhancement may be permitted for transferable licences already issued prior to the policy change, potentially exceeding original limits, but such enhancement is limited to exports effected before the policy revision and does not cover exports effected thereafter.
    Amendment in H.B. Vol. I
    Show AI Summary
    SEZ unit licensing: LOP/LOI treated as a licence and reporting and monitoring obligations strengthened.
    Amendments revise Handbook provisions to treat Letters of Permission/Intent for EOU/EPZ/EHTP/STP/SEZ units as licences, require SEZ unit applications in five copies to the Development Commissioner and execution of a prescribed legal undertaking, allow prompt issuance of amended LOPs on change of activity, set utilisation and approval periods for imported goods, extend multiple Handbook provisions to SEZ units, permit specified export and subcontracting arrangements, and strengthen reporting and monitoring through prescribed on-line/quarterly formats and performance criteria based on Net Foreign Exchange Performance and export obligations.
    Amendments/modifications & additions in SION
    Show AI Summary
    Standard Input Output Norms amendments expand and specify product level import inputs and accountability for exports.
    Director General of Foreign Trade issues administrative amendments to the Handbook of Procedures, Vol.2 by correcting and adding Standard Input-Output Norms. The Notice revises descriptions of import/export items, deletes or substitutes notes, adds new SION entries for chemicals, engineering, food, plastics, sports and textiles, prescribes precise input quantities and ratios per export unit, and includes qualifying rules (facility-specific allowances, pro-rata strength adjustments and net-to-net accountability clauses).

    Circulars

    Back

    All Circulars

    Showing Results for :
    Reset Filters
      No Records Found

      Circulars

      Back

      All Circulars

      whatsappJoin Channel
      Showing Results for : Reset Filters

      Amendments/modifications & additions in SION

      Contents
      Summary
      Note

      Note

      -

      Bookmark

      Print

      Print

      Standard Input Output Norms amendments expand and specify product level import inputs and accountability for exports.
      Director General of Foreign Trade issues administrative amendments to the Handbook of Procedures, Vol.2 by correcting and adding Standard Input-Output ... Summary

      Topics

      ActsIncome Tax