TaxTMI 
TaxTMI 
Amendment in paras 2.16, 2.20, 2.51, 2.74, 2.79 and 2.80 of the Handbook of Procedures (HBP) of Foreign Trade Policy (FTP) 2015- 20 - regarding.
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....e, hereby makes amendments in paras 2.16, 2.20, 2.51, 2.74, 2.79 and 2.80 of the Handbook of Procedures (HBP) of FTP 2015-20, with immediate effect (changes made are in bold letters). 2. The revised paras 2.16, 2.20, 2.51, 2.74, 2.79 and 2.80 of the HBP of FTP 2015-20 would be substituted to read as under [including addition of sub para 2.51 (c) and 2.74(IX)] . "2.16 Validity period of Authorisation/ Licence/ Certificate/ Authorisation Permissions/ CCPs a) Validity period of Import / Export Authorizations from the date of issue shall be as follows, unless specified otherwise: Sr. No Type of Authorisation Validity Period (i) Export Authorisation for restricted (Non SCOMET) goo....
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....ation of export authorisation has been permitted under Paragraph 2.16(b) of Handbook of Procedures. c) However, revalidation of freely transferable authorization / duty credit scrips and stock and sale authorization shall not be permitted unless validity has expired while in custody of Customs Authority / RA / or any other Government Authority. 2.51 EXIM Facilitation Committee (a) Restricted item Authorisation may be granted by DGFT or any other RA authorised by him in this behalf. DGFT/RA may take assistance and advice of a Facilitation Committee while granting authorization. The Assistance of technical authorities may also be taken by seeking their comments in writing. Facilitation Committee wi....
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.... to export items or technology on SCOMET List are considered on the basis of following general criteria: a. Credential of end-user, credibility of declaration of end use of the item or technology, integrity of chain of transmission of item from supplier to end-user, and on potential of the item or technology, including timing of its export, to contribute to end-uses that are not in conformity with India's national security or foreign policy goals and objectives, goals and objectives of global non-proliferation, or India's obligations under International treaties/Agreements to which it is a State party. b. Assessed risk that exported items will fall into hands of terrorists, terro....
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....e tails of Purchase Order/Contract. IV. Government of India may also require additional formal assurances, as deemed appropriate, including those on end-use and non-retransfer, from the State of the recipient. V. (a) Licensing authority for items in Category 0 and Note 2 of the 'Commodity Identification Note' in Appendix 3 to Schedule 2 of ITC (HS) is Department of Atomic Energy. Applicable guidelines are notified by the Department of Atomic Energy under Atomic Energy Act, 1962. For certain items in Category 0, formal assurances from the recipient State will include non-use in any nuclear explosive device. Authorisations for export of certain items in Category 0 will not be granted unless tr....
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....curity Council resolution 2231 (2015). The licensing authority, i.e. DGFT or Department of Atomic Energy, as the case may be, on completion of the IMWG process or the applicable internal process, shall seek the concurrence of Disarmament and International Security Affairs (D&ISA) Division in the Ministry of External Affairs, as required. IX. The Inter Ministerial Working Group shall normally meet once every month. Where a case has been deferred in the IMWG and subsequently, NOC(s) has / have been received from all concerned agencies with no divergence in views, authorisation shall be issued with the approval of Chairman, IMWG and the case shall be brought before IMWG in its subsequent meeting for approval on ex-post facto basis. Case(s),....