Implementation of Hon'ble Supreme Court’s Judgment dated 27.10.2015 in CA No. 554 of 2006 titled DGFT V/s Kanak Exports

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....New Delhi, dated 31^st May. 2017 To Pr. Chief Commissioners/Pr. Directors General  Chief Commissioners/Directors General Pr. Commissioners/Commissioners; (All under CBEC) Madam/Sir, Subject: Implementation of Hon'ble Supreme Court's Judgment dated 27.10.2015 in CA No. 554 of 2006 titled DGFT V/s Kanak Exports. Attention is invited to the Target Plus Scheme (TPS) (Para....

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....ude-based products from scheme and to lower eligibility criterion to Rs. 5 crores from the existing level of Rs. 10 crores. These changes were made effective from 1^st April 2005. Accordingly, this Department issued Notification No. 73/2006-Cus dated 10.07.2006 to implement Target Plus Scheme for 2005-06. The revenue notification inter alis included the extended list of ineligible exports as per a....

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..... 20 (RE 2006)/ 2004-2009 dated 13.7.2006. Consequently, DoR Notification No. 73/2006-Cus dated 10.7.2006 which mentions the ineligible products in terms of corresponding FTP provisions has also been amended vide Notification No. 22/2017- Customs dated 31.05.2017. 4.  Further, to rule out any misuse of the scheme, DGFT has issued Trade Notice No. 06/2018 dated 08.5.2017 inter-alia setting ....