Foreign Trade Procedures 2008-2009 - Directorate General of ...
Foreign Trade Procedures 2008-2009 - Directorate General of ...
Foreign Trade Procedures 2008-2009 - Directorate General of ...
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(1) Conversion <strong>of</strong> sick / closed DTA unit into EOU;(2) Conversion <strong>of</strong> EOU to STP / EHTP / BTP and vice-versaas per prescribed procedure;(3) To allow increase in value <strong>of</strong> capital goods in terms <strong>of</strong>Indian Rupees, on account <strong>of</strong> foreign exchange ratefluctuations;(4) To permit capacity enhancement without any limit in case<strong>of</strong> de-licensed industries only;(5) Permit broad-banding for similar goods and activitiesmentioned in LoP or to provide for backward or forwardlinkages to existing line <strong>of</strong> manufacture;(6) Authorize change in name <strong>of</strong> company or implementingagency and change from a company to another providednew implementing agency / company undertakes to takeover assets and liabilities <strong>of</strong> existing unit;(7) Permit change <strong>of</strong> location from place mentioned in LoP toanother and / or include additional location provided thatno change in other terms and conditions <strong>of</strong> approval isenvisaged and that new location is within territorialjurisdiction <strong>of</strong> DC / Designated Officer;(8) Extend validity period <strong>of</strong> LoP by three years beyond initialvalidity period <strong>of</strong> LoP (except in case where there is arestriction on initial period <strong>of</strong> approval, like setting up <strong>of</strong>oil refinery projects);(9) Cancel LoP wherever warranted;(10) Permit merger <strong>of</strong> two or more units into one unit providedunits fall within jurisdiction <strong>of</strong> same DC / Designated Officersubject to conditions that activities are covered underprovision <strong>of</strong> broad banding;(11) Exercise powers <strong>of</strong> adjudication under Section 13 readwith Section 11 <strong>of</strong> FT (D&R) Act, in respect <strong>of</strong> EOUs asmentioned in Gazette Notification No. SO. 194(E) dated6.3.2000;(12) Do valuation <strong>of</strong> exports declared on SOFTEX form byEOUs as per RBI A.D. (M.A Series) Circular AP (DIRseries Circular No.9 dated 25.10.2001);117