P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

Benefit of Focus Product Scheme to HS Code 8481-FTP 2009-14- (Ministry of Commerce and Industry) (07 Jun 2018)

MANU/DGFT/0087/2018

Customs

Kind attention is invited to this Directorate Trade Notice No. 11/2015 dated 14th December 2015 vide which this Directorate had clarified on availability of benefit under Focus Product Scheme of Foreign Trade Policy 2009-14 on the export of items mentioned at Sl.No.269 of Appendix 37-D, Table 1 of the FTP 2009-14. It had been clarified that other items, which are not parts of bicycle, are not eligible for FPS benefit under FTP 2009-14. It was also clarified that cases where RA has issued scrips against the export of parts other than those used in bicycle under ITC(HS) 8481 is liable to be reviewed and corrective measures to be taken to recover such claims granted by oversight.

2. The above Trade Notice had been challenged before the Hon'ble Gujarat High Court vide SCA No. 11262 to 11264 and 14808 of 2016, in which the Hon'ble Court has passed its judgment on 13.10.2016 quashing the above Trade Notice.

3. This Directorate had preferred SLP in the Hon'ble Supreme Court against the decision of the Hon'ble Gujarat High Court. The Hon'ble Supreme Court has dismissed the appeal filed by the Directorate.

4. In the light of the above developments, the Trade Notice No. 11/2015 dated 14th December 2015 stands withdrawn.

5. This issues with approval of the Competent Authority.

Tags : SCHEME   BENEFIT   HS CODE  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved