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of <h1>DGFT Circular Updates Handbook of Procedures: Amendments to DEPB, Bank Guarantees, Second-Hand Goods Imports, and More.</h1> The circular issued by the Director General of Foreign Trade outlines amendments and corrections to the Handbook of Procedures (Vol. 1) under the Export and Import Policy, 2002-07. Key changes include corrections to various paragraphs, such as clarifying DEPB provisions, adjusting requirements for legal undertakings and bank guarantees, and updating procedures for import of second-hand goods. It also introduces new provisions for the relocation of industries and modifications to application processes and documentation requirements. The circular aims to streamline procedures and ensure compliance with existing trade regulations, reflecting updates in policy and administrative practices.
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