Amendment to Public Notice No. 42/2024-25 dated 21.01.2025

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....Amendment to Public Notice No. 42/2024-25 dated 21.01.2025 - reg. F. No. 01/94/180/152/AM20/PC-4. - In exercise of the powers conferred under paragraph 1.03 and 2.04 of the Foreign Trade Policy 2023, as amended from time to time, the Director General of Foreign Trade hereby renumbers the Paras notified vide Public Notice No. 42/2024-25 dated 21.01.2025 in the Handbook of Procedures (HBP) 2....

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....DIA must achieve a minimum value addition of 10% by realizing in Freely Convertible Currency. Provision of Para 2.52 (d) of FTP 2023, shall not be applicable to this scheme. v. Deemed exports are not allowed under this scheme. vi. Before clearance of goods through Customs, the holder of Diamond Imprest Authorisation (DIA) shall execute a Bond equal to the export obligation of DIA along with ....

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.... of supply (CoS) is allowed against DIA. v. Imported material may be used in any unit of Diamond Imprest Authorisation holder subject to condition of paragraph 4.10 of this Handbook or by jobber / supporting manufacturer, provided same is endorsed on authorisation by Regional Authority. The facility of Co-licensee is not available for the DIA. vi. Goods exported under Diamond Imprest Authori....

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....ult in fulfilment of Export Obligation may be regularised by Regional Authority as under: (i) The DIA holder shall, for regularization, pay to Customs Authorities, Customs duty on unutilized value of imported material along with interest as notified by DoR. DIA holder shall pay Customs Duty along-with applicable interest online through ICEGATE Payment Gateway. (ii) Authorisation holder shall....