AI Drafter 
TaxTMI 
TaxTMI 
TaxTMI 
DUTY EXEMPTION / REMISSION SCHEME
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....FTP and HBP v1. 4.4.2 In case where norms have not been published, an application in ANF 4B, along with prescribed documents, shall be furnished to concerned Norms Committee (NC) at DGFT Headquarter for fixation of Norms. In such cases, original copy of application along with prescribed fee shall be filed with RA concerned and a self-attested copy of same shall be filed with NC. Authorisation in such cases shall be issued by RA as per NC recommendation. NC shall also function as a recommendatory authority for SION. DGFT may notify such norms. 4.4.3 Applications, where Acetic Anhydride, Ephedrine and Pseudo-ephedrine is required as an input for import, shall be filed with RA concerned. Copies of such applications shall also be simultaneously endorsed to the Drug Controller of India, Nirman Bhawan, New Delhi, Narcotics Commissioner, Central Bureau of Narcotics, Gwalior and respective Zonal Director of Narcotics Control Bureau, alongwith a declaration that applicant will maintain prescribed records and also submit prescribed returns. 4.4.4 RA, while issuing Advance Authorisation for import of Acetic Anhydride, Ephedrine and Pseudo- ephedrine, shall endo....
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.... (vi) Honey. For export of perfumes, perfumery compounds and various feed ingredients containing vitamins, no Authorisation shall be issued by RA and applicants may apply under Para 4.4.2 above. Where export and / or import of bio-technology items are involved, Authorisation under this paragraph shall be issued by RA only on submission of a "No Objection Certificate" from Department of Bio-technology. Entitlement 4.7.1 CIF value of one or more such Authorisations shall be maximum500% of FOB and / or FOR value of preceding year's exports and / or supplies in case of status holders, and Rs. 5 crore or 500% of the FOB and / or FOR value of preceding year exports and / or supply, whichever is more, for others. However, in cases where NC has already ratified norms for same export and import products in respect of an Authorization obtained under paragraph 4.7, such norms shall be valid for a period of one year reckoned from the date of ratification. In such cases Authorisations shall be issued by RA concerned under "Adhoc Norms Fixed" category and application copies need not be forwarded to NC for fixation / ratification of norms. Authorisation....
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....ect supplies, the time limit for filing representations, if any, against the decision of Norms Committee shall be one year from the date of communication of decision of the Norms Committee] 4.7.6 In such cases, where norms are not finalised by NC within four months from Authorisation issue date, norms as applied for shall be treated as final and no adjustment will be made. However, where application for fixation of adhoc / SION is rejected on account of non-furnishing of required documents / information, Authorisation holder shall be liable for penalty as stated in above paragraph. In case SION for the said product is notified, SION would be made applicable for deciding wastage norm and EO. In such cases where export obligation is completed pending fixation of norms by NC, entitlement for Authorisation as given in paragraph 4.7.1 may be re-credited upon production of documentary evidence (copies of Shipping bill / bill of export / Central Excise certified copies of invoices) showing fulfillment of export obligation in respect of previous Authorisations. However, bond waiver / redemption shall not be allowed pending fixation of norms in such cases. Financial Powers....
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.... allowed to take benefit of Advance Authorization scheme. Description of an Advance Authorisation 4.11 An Advance Authorisation shall specify: (a) names and description of items to be imported and exported/ supplied; (b) quantity of each item to be imported or wherever quantity cannot be indicated, value of item shall be indicated. However, if in SION, quantity and value of individual inputs is a limiting factor, same shall be applicable. (c) aggregate CIF value of imports; and (d) FOB / FOR value and quantity of exports / supplies. Exports in Anticipation of Authorisation 4.12 Exports / supplies made from the date of EDI generated file number for an Advance Authorisation, may be accepted towards discharge of EO. Shipping / Supply document(s) should be endorsed with File Number or Authorisation Number to establish co-relation of exports / supplies with Authorisation issued. The requirement of endorsement of file number or Authorisation number on the shipping bill would be dispensed with once the EDI Data Transmission System for the shipments becomes operational. If application is approved, authorisation shall be issued based on input / o....
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....ts from indigenous sources / STEs. 4.14.1 Application shall specify: (i) name, description and quantity of items and (ii) individual value of items to be procured. An ARO may be issued along with Advance Authorisation / DFIA or subsequently, and its validity shall be co-terminus with validity of Advance Authorisation / DFIA. An ARO issued for procurement of an individual item shall be automatically valid for procurement from one or more indigenous sources. Back to Back Inland Letter of Credit (L/C) 4.15 Exporter may alternatively avail facility of a back to back inland letter of credit from banks. An Advance Authorisation / DFIA holder may approach a bank for opening an inland letter of credit (L/C) in favour of an indigenous supplier. 4.15.1 Before opening the L/C, bank will ensure that necessary BG / LUT has been executed by Advance Authorisation / Non Transferable DFIA holder and an endorsement to that effect has been made on the Authorisation. However, execution of BG / LUT shall not be required against transferable DFIA. After opening inland L/C, bank shall make following endorsement on Exchang....
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....f co-Authorisation holders may import goods in his name or in joint names. BG / LUT shall also be furnished in their joint names. However if Authorisation holder is registered with Central Excise, he has an option of getting names of jobber endorsed by Central Excise as per Central Excise Rules in lieu of RA's endorsement. In case manufacturer exporter holding authorisation is not registered / not required to be registered with Central Excise authority, job work may be allowed as per Central Excise Rules and regulations, without insisting for endorsement of supporting manufacturer's name. However, Authorisation holder shall be solely responsible for imported items and fulfillment of EO. In case BG / LUT has been redeemed, Advance Authorization holder can get duty free inputs processed from any manufacturer under Actual User condition as per job work regulations prescribed under Central Excise Rules. However such restriction shall not be applicable in case of transferable DFIA holder. Facility of Co- Licensee 4.17 Deleted. Acceptance of BG/LUT 4.18 At the time of issue of Au....
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....r import and export. 4.19.1 Commissioner of Customs may permit imports and exports from any other seaport / airport / ICD or LCS. ^22[4.19.2 Deleted] ^23[4.19.3 For imports from Airport / Sea Port / ICD /LCS other than the Port of Registration, a TRA shall be issued by the Customs Authority at the Port of Registration to Customs Authority at the Port of Import.] Facility of Clubbing 4.20 Facility of clubbing shall be available only for redemption / regularisation of cases and no further import or export shall be allowed. For this facility, Authorisations are required to have been issued under similar Customs notification even pertaining to different financial years. However in case of Authorisations issued in 2004-09 period, Advance Authorisations with different customs notification can be clubbed. 4.20.1 RA, under whose jurisdiction Authorisation is issued or NC in other cases, shall consider a request in ANF 4D for clubbing all imports and exports of more than one Advance Authorisation provided imported inputs are properly accounted for as per norms. Value addition of the Authorisations so clubbed shall be average of minimum value addition prescribed in FTP and ....
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....ancement 4.21.4 Application fee leviable for enhancement would be on the difference in CIF values of original and final Authorisation. However, no application fee would be charged if value of Authorisation is being reduced or applicant has paid maximum fee of Rs 150,000 (for manual applications) and Rs 75,000 (for digitally signed applications) respectively in original application for Advance Authorisation. Export Obligation (EO) Period and its Extension ^12[4.22 Fulfillment period of EO under Advance Authorisation shall commence from Authorisation issue date, unless otherwise specified. EO shall be fulfilled within 24 months except in case of supplies to projects/turnkey projects in India/abroad under Deemed Export category where EO must be fulfilled during contracted duration. EO period for Advance Authorisations issued with input(s) as mentioned in Appendix 30A shall be as per the period stipulated against each entry therein. Facility of extension of EOP shall not be allowed in case of Advance Authorisation issued for these inputs. RA shall make an endorsement in Advance Authorisation to this effect.] 4.22.1 Request for extension in EOP may....
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....aking is executed by Advance Authorisation holder, shall maintain a proper record in a master register, indicating starting and closing dates of obligation period and other particulars to monitor EO. Within two months from date of expiry of period of obligation, Authorisation holder shall submit requisite evidence in discharge of export obligation in accordance with paragraph 4.25 below. However, in respect of shipments where six months period (one year in case of status certificate holder) for realisation of foreign exchange has not become due, RA shall not take action for non submission of bank certificate of exports and realisation, provided other document substantiating fulfillment of EO have been furnished. 4.24.1 In case Authorisation holder fails to complete EO or fails to submit relevant information / documents, RA shall take action by refusing further Authorisations, enforce condition of Authorisation and Undertaking and also initiate penal action as per law. Advance Authorisation for Annual Requirement 4.24A (a) Exporters eligible for such Authorisations shall file anapplication in ANF 4A to RA concerned. All provisionsas to Advance Authorisation give....
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....o account for the purpose of fulfillment of EO, to Customs authority at port of registration. Such details shall also be placed by the Zonal Offices in their website immediately after issuance of export obligation discharge /redemption letter / No Bond Certificate (in case of "No BG / LUT" facility), and by DGFT Hqr in DGFT website on monthly basis, for customs authority to access it from website. Cancellation / redemption of BG / LUT would be undertaken by Customs, within 30 days of issue of Export Obligation Discharge Certificate (EODC) / bond waiver by RA. Ordinarily, redemption of BG / LUT shall not preclude customs authority from conducting random checks and from taking action against Authorisation holder for any misrepresentation, misdeclaration and default detected subsequently. Further RA shall also take action against authorisation holder in case of non-submission of Appendix 23, duly filled in, as stipulated in Paragraph 4.30 below or for any misrepresentation, misdeclaration and default detected subsequently in details declared and furnished in Appendix 23. An endorsement to this effect shall be made by RA in the redemption certificate. Transitional Arr....
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....alue addition would be calculated on a prorata basis, i.e with reference to 50% of CIF value of imports. This would accordingly imply that where Authorisation holder is unable to export, no penalty on valuewise shortfall shall be imposed. (iii) If EO is not fulfilled both in terms of quantity and value, the Authorisation holder shall, for the regularisation, pay as per (i) and (ii) above. (iv) In case an exporter is unable to complete EO undertaken in full and he has not made any import under Authorisation, Authorisation holder will also have an option to get the Authorisation cancelled and apply for drawback after obtaining permission from Customs authorities for conversion of shipping bills to Drawback Shipping Bills. (v) RA shall compare relevant portion of Appendix-23 duly verified and certified by Chartered Accountant with that of norms allowed in Authorisation(s) and actual quantity imported against Authorisation(s) in the beginning of licensing year for all such Authorisations redeemed in preceding licensing year. In this verification process, in case it is found that Authorisation holder has consumed lesser quantity of inputs than imported, Authorisation holder sha....
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....u of the original; Duplicate / Bank certified copy of BRC in lieu of original;] (b) An application fee equivalent to 1% of duty saved amount. However, no fee shall be charged when such document is lost by Government agencies and a documentary proof to this effect is submitted; (c) An affidavit by exporter about loss of document and an undertaking to surrender it immediately to concerned RA, if found subsequently; ^9[(d) An indemnity bond by exporter to the effect that he would indemnify Government for financial loss, if any, on account of duty free import entitlement availed / allowed against lost Shipping Bills / BRC. Customs Authority, before allowing redemption of BG / LUT or clearance after endorsement of "No BG / LUT condition" or endorsement of transferability, shall verify the genuineness of such shipping bill (s) and ensure that no double benefit against such shipping bill has been availed. This specific condition shall be endorsed by RA concerned on the EODC.] However, in case of submission of reconstructed copy of shipping bill in lieu of original shipping bill, conditions at b), c) and d) above shall not be applicable. Duty Free Replenishment Cert....
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....ve of DEPB rate of product. ^18[As notified in FTP] 4.42 Credit under DEPB shall be utilised for payment of customs duty on any item including capital goods, which is freely importable. DEPB Scrips can also be utilized for payment of duty against imports under EPCG Scheme w.e.f 1.1.2009. Application for DEPB 4.43 An application for grant of credit under DEPB may be made to RA concerned in ANF 4G alongwith prescribed documents. Agency commission shall be allowed for DEPB entitlement upto12.5% of FOB value only. FOB value in free foreign exchange shall be converted into Indian rupees as per exchange rate for exports, notified by Ministry of Finance, as applicable on the date of order of "Let Export" by Customs. 4.43A In respect of consignment exports wherein exporter has declared FOB value on a provisional basis, exporter shall be eligible for final assessment of such shipping bill based on actual FOB realised upon sale of such goods in freely convertible currency. 4.43B An application for grant of credit for supplies from DTA to SEZ can be made by DTA unit or SEZ unit. DTA unit may claim benefits either from RA or De....
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....m the date of exports or the date of up linking of EDI shipping bill details in the DGFT website, or within three months from the date of printing / release of shipping bill, whichever is later, in respect of shipments for which claim has been filed. In case the FOB realisation in free foreign exchange is higher as per BRC than the FOB value in the shipping bill(s) on which original DEPB was issued, supplementary claim shall be filed within a period of six months from the date of realisation, in respect of shipments for which claim has been filed. 4.47 Wherever provisional shipment has been allowed by customs authorities, DEPB against such exports shall be issued only after release of shipping bill by Customs. In such cases, application for DEPB shall be filed within six months from date of release of such shipping bill.] Frequency of Application 4.48 All shipping bills in any one application must relate to exports made from one Custom House only. There is no limit on number of shipping bills which can be filed through EDI mode in a single application. Verification by Customs 4.49 In case of EDI shipping bills befo....
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....ll be preferred within a period of six months from date of release of duplicate copy of shipping bill and any application received thereafter will be rejected. This is subject to the condition that the request for duplicate copy of Shipping Bill to Customs Authority was filed within the time period similar to that mentioned in paragraph 4.46 above. However, if a provisionally assessed DEPB shipping bill is lost, time period for filing an application for DEPB would be six months from the date of release of the finally assessed shipping bill. Loss Of Original Bank Certificate 4.53 In such cases where original Bank Realisation Certificate (BRC) has been lost, the DEPB claim can be considered subject to submission of following documents: (a) A duplicate copy of BRC issued by bank authority in lieu of original loss; (b) An application fee equivalent to 2% of the DEPB entitlement in respect of lost BRC; (c) An affidavit by exporter about loss of BRC and an undertaking to surrender it immediately to RA, if found subsequently; (d) An indemnity bond by exporter to the effect that he would indemnify Government for financial loss, if any, on account o....
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....e number for an DFIA, may be accepted on similar lines as in paragraph 4.12, 4.12.1 & 4.12.2 above. 4.60.1 Deleted 4.60.2 Deleted Port of Registration 4.61 Provision of paragraph 4.19 above shall be applicable in case of DFIA. Acceptance of BG / LUT 4.62 Provision of paragraph 4.18 above shall be applicable Enhancement / Reduction in the Value of DFIA. 4.63 Provision of paragraph 4.21 above shall be applicable. Export Obligation period (EOP) and its extension 4.64 Export obligation fulfillment period and its extension shall be governed as per paragraph 4.22 above. However, any extension beyond 36 months from the date of issue of the authorisation issue date shall not be allowed. Revalidation of DFIA 4.65 Facility of revalidation shall be available to DFIA holder as per paragraph 4.23 above. (Please refer PN. NO. 44/(RE-2008)/2004-2009 dated 04/07/2008 - Regarding - Original validity of import of DFIA) Re-export of goods imported under DFIA Scheme 4.66 Goods imported against transferable DFIA, which are found defective or unfit for use, may be re-exported, as per DoR guidelines. In such cases 95% of CIF value debi....
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....ngwith applicable interest as per Customs Notification in relevant Head of Account of Customs Revenue i.e., "Major Head 0037 - Customs and Minor Head 001 - Import Duties" in prescribed T.R. Challan and furnish a documentary evidence to RA alongwith the application for endorsement of transferability. However, restricted items endorsed in authorisation shall be allowed to be transferred only against a separate authorisation / permission issued as per FTP and the procedure laid there under. GEMS AND JEWELLERY 4A Policy relating to Gem Replenishment Authorisation, and scheme for gold/ silver/platinum jewellery is given in paragraph 4A of FTP. Replenishment 4A.1 An application for REP Authorisation may be made in ANF 4I Authorisation alongwith documents prescribed therein to RA concerned as in Appendix-1A. 4A.1.1 Application shall be filed within six months following the month during which the export proceeds are realised. For export proceeds realised during month, consolidated application for entire month shall be filed. 4A.1.2 Deleted 4A.1.3 In case where payment is received in advance and exports take place subsequently, application for REP Authorisation....
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....factured by mechanised process 2.25%] 4A.2.2 Entitlement of quantity of gold / silver / platinum against the export shall be quantity of gold / silver / platinum in item of export plus admissible wastage / manufacturing loss. Loss of Gem and Jewellery 4A.3 Consignments of gem and jewellery items exported out of country and lost in transit after exports, where foreign exchange against such exports has been realised or insurance claims settled, will also be eligible for REP Authorisation. Gem & Jewellery Replenishment Authorisations 4A.4 Gem REP Authorisations shall be valid for import of precious stones, semi-precious and synthetic stones and pearls. In addition, Authorisation shall also be valid for import of empty jewellery boxes, upto 5% of value of Authorisation within its overall CIF value. Gem REP Authorisations issued against export of studded gold / silver / platinum jewellery articles, shall also be valid for import of cut and polished precious / semi-precious stones other than emerald, upto 10% of CIF value of Authorisation, within its overall CIF value. 4A.4.1 Gem REP Authorisation are available as per scale given in Appendix-12B. Filing of Applica....
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....wing documents: (a) E.P copy of the shipping bill; (b) Customs attested invoice; (c) Bank certificate of realisation in Appendix 22A. In case of Personal carriage of jewellery by foreign buyer, following documents should be submitted by the exporter/seller as proof of exports for claiming export entitlements: (a) Copy of shipping bill filed by Indian Seller; (b) A copy of Currency Declaration Form filed by Foreign Buyer with Customs at the time of his arrival; and (c) Foreign Exchange Encashment Certificate from Bank. In addition to this, Personal Carriage on Documents Against Acceptance (DA)/ Cash On Delivery (COD) basis is also allowed. Exporter will have to furnish following documents as proof of exports for claiming export entitlements: (i) Copy of Shipping Bill filed by Indian Seller; and (ii) Bank Certificate of Export and Realisation Instructions issued by Customs Department in this regard shouldbe followed mutatis mutandis. Conversion of Purity/Fineness 4A.9 For conversion of quantity of gold/ silver/platinum in terms of equivalent quantity in terms of fineness, following formula shall be....
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....icating price at which gold/ silver/platinum was booked or given on outright sale basis or loan basis; (iii) Three copies of invoice. 4A.14 Deleted Export Against Supply By Foreign Buyer 4A.15 Before clearance of each consignment of import supplied by foreign buyer, nominated agency shall execute a bond with Customs, undertaking to export within stipulated period in contract, gold/ silver/platinum jewellery or articles equivalent to entire import quantity of gold/silver/platinum, mountings and findings etc excluding admissible wastage. In case of direct supply of gold /silver / platinum, alloys, findings and mountings of gold / silver / platinum and plain semi-finished gold / silver / platinum jewellery to status holder / exporter, Status Holder/exporter shall furnish a Bank Guarantee / LUT, as per Customs Rules and regualtions to Customs, equivalent to Customs Duty leviable on imported gold / silver / platinum, alloys, findings and mountings of gold / silver / platinum and plain semi-finished gold/ silver / platinum jewellery etc. BG / LUT, executed with Customs shall be valid for one year. In case of direct supply to Status Holder / exporter, exports shall be co....
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.....15.6 Customs authorities shall return two copies of shipping bill and connected invoice duly attested. One copy shall be sent to person who presented documents and the other copy shall be sent by Customs to office of nominated agency / Status holder / exporter. 4A.15.7 In case of exports through nominated agency, exporter shall submit proof of exports to nominated agency within 15 days of exports, who shall, after verifying documents, release admissible quantity of the gold / silver / platinum etc. to exporter. 4A.15.8 Exporter may also obtain, in advance, gold / silver / platinum etc. supplied by foreign buyer, by furnishing a BG / LUT for an amount equal to international price of such items plus customs duty payable thereon. BG / LUT shall be redeemed only when the exporter has furnished proof of exports to nominated agency and accounted for the use of items supplied in advance in export product. 4A.15.9 For redemption of bond / BG / LUT executed with Customs, nominated agency / Status Holder / exporter shall furnish a statement indicating items, its quantity and value supplied by foreign buyer, corresponding Bill of Entry number and date, number of ea....
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.... / fashion shows overseas. Personal carriage / export through airfreight / post parcel route of gold / silver / platinum jewellery, cut and polished diamonds, precious, semi-precious stones, beads and articles as samples upto US$ 100,000 for export promotion tours / photo shoots/ fashion shows and temporary display / sale abroad is also permitted with approval of Gem & Jewellery EPC subject to the condition that promoter would bring back jewellery / goods or repatriate sale proceeds within 45 days from date of departure through normal banking channel. In case of personal carriage for export promotion tours, exporter shall declare personal carriage of such samples to Customs while leaving country, and obtain necessary endorsement on Export Certificate issued by Jewellery Appraiser of Customs. In such cases, exporter shall book with nominated agency, within 120 days after export promotion tour or expiry of stipulated period of 45 days, whichever is earlier, gold/silver/platinum for replenishment content against items sold abroad. (iii) Export of branded jewellery. Export of branded jewellery is also permitted with approval of Gem & Jewellery EPC for display / sale in permitted ....
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....quantity of gold / silver / platinum and CIF value, in dollars including the Rupee equivalent. Price shall be actual price at which gold / silver / platinum is purchased by nominated agencies, plus permitted service charges levied by nominated agencies shall be included with the price of gold / silver / platinum for value addition. Duplicate and triplicate copies of exporter's application, together with copies of purchase certificate for exporter shall be sent by nominated agencies to concerned Custom House, as well as to the negotiating bank, who will confirm realization at which gold has been purchased. Exporter exporting under notional rate will get replenishment only after proceeds are realised. 4A.21.3 Exports shall be effected within a period of 120 days from date of booking and drawal of precious metal shall be completed within a period of 150 days from date of booking, or within 30 days from date of export, whichever is later. Outright Purchase Basis in Advance 4A.22 Exporter may obtain required quantity of precious metal in advance on outright purchase basis subject to furnishing of BG / LUT to nomin....
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....od will be allowed. Advance Authorisation holder may also import gold as replenishment after completion of exports. 4A.25.2 Advance Authorisation holder may obtain gold / silver / platinum from nominated agencies in lieu of direct imports. In such a case, nominated agency shall make, both exchange control copy and customs purpose copy of Authorisation invalid for direct imports. Diamond Imprest Authorisation 4A.26 Deleted. Application 4A.26.1 Deleted. Export Obligation 4A.26.2 Deleted. Regularistion of Bonafide Default 4A.27 Cases of bonafide default in fulfillment of EO by an exporter who has obtained precious metals from nominated agencies may be regularised provided exporter has paid customs duty alongwith interest thereon as notified to Customs. However, in case of Advance Authorisation, the provisions as given in paragraph 4.28 above shall apply. This shall be without prejudice to any action that may be taken against exporter under FT(D&R) Act, Order or Rules issued thereunder'. Replenishment Authorisation for Import of Consumables etc. 4A.28 A Replenishment A....
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....d jewellery 4A.32 An exporter of plain/ studded precious metal jewellery shall be allowed to re-import duty free jewellery rejected and returned by buyer upto 2% of FOB value of exports in preceding licencing year (based on CA certified copy of export of preceding year) with refund of any duty exemption/refund/replenishment benefit availed on inputs used, as per customs rules and regulations. 4A.32.1 Deleted. Diamond & Jewellery Dollar Accounts 4A.33 Policy for Diamond and Jewellery Dollar Accounts is given in paragraph 4A.19 of FTP. Detailed procedure for its operation will be notified separately. Import of precious metal scrap/used jewellery for melting and re-export of jewellery 4A.34 Policy for Import of precious metal scrap/used jewellery for melting and re-export of jewellery is given in paragraph 4A.21 of FTP. Procedure is laid as under: Imported precious metal scrap / used jewellery shall be allowed to be cleared by Customs subject to the condition: (a) that importer files a bond along with Bank Guarantee for a sum equivalent to one and half times customs duty leviable on said used jewellery/precious metal sc....
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.... duplicate / certified copy of concerned document issued by Customs Authority / Bank in lieu of original;" 9. Has been substituted vide Public Notice No. 80 (RE 2008)/2004-2009 dated 15/9/2008 before it was read as, "(d) An indemnity bond by exporter to the effect that he would indemnify Government for financial loss, if any, on account of duty free import entitlement availed / allowed against lost Shipping Bills / BRC. Customs Authority, before allowing redemption of BG / LUT or clearance after endorsement of "No BG / LUT condition" or endorsement of transferability, shall ensure that no double benefit against such shipping bill has been availed." 10. Has been substituted vide Public Notice No. 98 (RE-2007) 2004-09 dated 24/10/2008 Under scheme for export of jewellery, value addition shall be calculated as per paragraph 4A.6 of FTP. Minimum value addition shall be: S.No. Item of Export Minimum Value Addition (a) Plain gold / platinum / silver jewellery and Articles and ornaments like Mangalsutra containing gold and black beads / imitation stones, except in studded form of jewellery. 4% (b) ....
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....ignment." 13. Replaced vide PUBLIC NOTICE NO. 135/2008, DT. 15/01/2009, dated 15/01/2009, before it was read as:- "Facility of extension of EOP shall not be allowed in case of Advance Authorisation wherein import of penicillin and its salts (ITC (HS) Code No. 29411010) and 6 - APA (ITC (HS) Code No. 29411 050) have been allowed as an input and also for import of spices and tea. RA shall make an endorsement in Advance Authorisation to this effect." 14. Amended vide Public Notice No. 145 (RE 2008)/2004-2009, dated 17/02/2009, before it was read as:- "The period for discharge of export obligation against Advance Authorisations (erstwhile licences) issued for Export of Sugar stands automatically extended for one year (without payment of Composition Fee) w.e.f the date on which their export obligation period expires provided the export obligation period did not expire prior to 19-4-2007." Also See Public Notice No. 160(RE-2008)/2004-09, dated 06/03/2009 15. Substituted vide PUBLIC NOTICE No.151 (RE-2008)/2004-09, dated 26/02/2009, before it was read "RA shall monitor earlier cases where DEPB has been granted prior to realisation of export proceeds so as to ensure th....