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Amendments in Schedule-I (Imports) to the ITC (HS) Classifications of Export and Import Items, 2004-09

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.... hereby makes the following amendments in Schedule-I (Imports) to the ITC (HS) Classifications of Export and Import Items, 2004-09: 1. Import Licensing Note No, (2) inserted at the end of Chapter 25, vide Notification No. 17 (RE-2007)/ 2004-09 dated 26th July 2007, as amended from time to time, will be amended to read as follows: "Import of marble will be subject to the conditions laid down in Policy Circular No.12 (RE-08)/2004-2009 date 27.06.2008, Policy Circular No.13 (RE-2008)/2004-09 dated 30.6.2008, Policy Circular No.20(RE-2008)/2004-09 dated 16.07.2008, Policy Circular No.25 (RE-2008)/2004-09 dated 08.08.2008, Policy Circular No. 28 (RE-2008)/2004-09 dated 20.08.2008 and Policy Circular No. 65(RE-2008)/2004-09 dated 26.02.2009". ....

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....ted/artificial stones stating that on account of slow down in the economy and real estate sector, demand for agglomerated/artificial stones has temporarily come down very significantly. Accordingly, Association has requested that for the said allotted quota, the licence holders may be provided an option to import either the items indicated in the licence or rough marble blocks/slabs as detailed in Policy Circular No.13 ((RE-08)/2004-2009 dated 30.6.2008. 3. The matter has been examined and the request of the Association has been agreed to by the competent authority. Accordingly, it is clarified that all licence holders of rough/ unprocessed blocks and slabs of agglomerated/artificial stones, issued to them as per provisions of Policy Circu....

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....e and industry, who have been granted licences for import of rough marble blocks/slabs for the year 2008-09 under the aforementioned Policy Circular. The representations state that on account of Parliamentary elections, the new Policy for import of rough marble blocks/slabs for the year 2009-10 is likely to be delayed. This delay is likely to cause disruption in their business. They have further requested that they may be allowed to import a quantity equivalent to 25% of the licences granted to them for the year 2008-09, so that their business needs of the first three months of the next financial year are met. 2. The representations have been examined and with the approval of competent authority, it is informed that the request of the Asso....