DGFT revises Para 2.107 of Handbook of Procedure

Sep 08, 2021 | by Avantis RegTech Legal Research Team

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Finance & Taxation Compliance

The Directorate General of Foreign Trade (DGFT) in September 06, 2021 has issued a public notice to revise paragraph 2.107 of Handbook of Procedure to incorporate certain items under the Tariff Rate Quota (TRQ) under India-Mauritius CECPA by amending notification no 25/2021 – customs dates March 31, 2021.

• Table 4, which specifies Tariff rate quota Quantity, of the said notification has been amended.

The permission for these imports are given on the following permissions :

o Import would be subject to Government of India, Ministry of Finance (Department of Revenue) Notification No. 25/2021-Customs dated the 31st March, 2021 (as amended form time to time) relating to India-Mauritius CECPA.

o All applications must accompany a pre-purchase agreement from one of the eligible exporters of specified items in Mauritius. The pre-purchase agreement must indicate the quantity and the duration of fulfillment of the contract. The list of eligible exporting entities of the item from Mauritius shall be decided by the Government of Mauritius.

o At the time of clearance of the import consignment, the importer in India must produce a Certificate of Origin issued by concerned authorities in Mauritius.

o The year in respect of these imports will be the period from 1st April to 31st March, i.e. financial year in India.

o All applications for grant of import authorization shall be sent only through e-mail at [email protected] nic.in in the prescribed format.

o The TRQ authorisation shall contain the name and address of the importer, Importer -Exporter Code (IEC), Customs notification number, tariff item as applicable, quantity and validity period of the certificate.

o The TRQ authorisation shall be issued electronically by the Directorate General of Foreign Trade and transmitted to Indian Customs EDI System (ICES).

o Imports made against the TRQ shall be allowed only upon debiting electronically in the ICES system Uploaded.

[Notification No. 23/2015-2020] [Gazette ID- 229478]



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