Extention of Time Limit of duty credit application with prescribed cut.

THIS IS AN EXTRACTS OF PUBLIC NOTICE PUBLISHED BY OFFICE OF DGFT, NEW DELHI.
"TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY
(PART-I, SECTION-I)

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE AND INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE

PUBLIC NOTICE NO. 45 (RE-2008)/2004-2009
NEW DELHI, DATED THE 7th JULY, 2008

In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures, Vol.I:

1. Para 9.3 relating to ‘applications received after expiry of prescribed date of receipt’ shall be amended to read as under: -

“9.3 Wherever any application is received after expiry of last date for submission of such application, the application may be considered after imposing a late cut in the following manner:

1.
Application received after the expiry of last
date but within six months from the last date
2%
2.
Application received after six months from the
prescribed date of submission but not later than
one year from the prescribed date
5%
3.
Application received after twelve months from the
prescribed date of submission but not later than two years from the prescribed date
10%

This issues in Public interest.
Sd/-
(R.S. Gujral)
Director General of Foreign Trade and
Ex-Officio Additional Secretary to the Government of India

(Issued from F.No.01/94/162/O.H.Kanpur/AM08/PC-I)"