Amendment to ITC(HS) Schedule 2: 1600 MT Sandalwood Export Allocation Over Four Years; License Required from DGFT.

The circular announces an amendment to Schedule 2 of the "ITC(HS) Classifications of Export and Import Items, 2004-2009," allocating 1600 MT of sandalwood chip classes for export within four years. Exporters must obtain an export license from the Director General of Foreign Trade, valid for one year without revalidation. Applications must include a valid export order, Legal Procurement Certificate, and Physical Verification Certificate. The Exim Facilitation Committee will review applications based on conditions like quantitative ceilings and minimum export prices. Previous applicants must reapply under this new procedure.

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