Amendment in Provisions of Para 5.23 of HBP v1 (EPCG Scheme).

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..... ted the 8th February, 2013 Subject: Amendment in Provisions of Para 5.23 of HBP v1 (EPCG Scheme). In exercise of powers conferred under Paragraph 2.4 of the Foreign Trade Policy 2009-2014, the Director General of Foreign Trade hereby makes the following amendments in para 5.23 of the HBP with immediate effect: 2. Sub-para (f) of Para 5.23 of HBP v1 which reads as under:- "(f) The computation o .....

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..... cases where CVD portion is considered for grant of duty credit scrip, RA shall endorse the Bill of Entry(ies) to this effect, mentioning that CVD Portion shall not be Cenvatable and send a communication to the same jurisdictional Central Excise Authority informing the details along with relevant list of Bill of Entry(ies). (ii) Such certificate from Central Excise shall, however, not be required .....

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..... b para (h) of para 5.23 of HBP which shall read as under: "(i) The CG imported under para 5.11 of FTP shall not be disposed of till the date of last export for offsetting EO against such CG. (j) In case of re-export of CG found defective or unfit for use as per the provisions of para 5.16 of HBPv1 if the exporter claims drawback on such re-export there would be no remission of duty under para 5. .....

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