Import Licence for marble – new policy effective 1st October announced on 15th October
The DGFT has announced new policy provisions for import of marble blocks/slabs with effect from 1 st October, 2009.
I. Eligibility of the units will be decided based on the following two criteria:
(a) Units who have installed marble gang saw machine (except 100% EOU units and units in SEZ). The units should have been in operation for 5 years prior to 1st April of the current licensing year.
(b) All eligible units as per (a) above should have indigenous sales turnover of processed marble slabs/tiles only, of Rs.1.00 Crore (Rupees one Crore only) and above in each of the previous five financial years.
II. Floor Price –
The licences shall be subject to the following floor price, which shall be endorsed on all licences .
i. For crude or roughly trimmed marble – USD 275 per Metric Tonne (MT);
ii. For rough marble blocks – USD 275 per Metric Tonne (MT); and
iii. For rough Slabs – USD 450 per Metric Tonne (MT)
III. Entitlement :
The total import of rough marble blocks under Exim Code Nos.25151100, 25151210, 25151220, will be subject to a ceiling of 3 lakh MT for the whole of the licensing year. Eligible unit will be entitled for an import licence pro rata on the basis of average indigenous sales turnover of processed marble slabs/tiles only, in the previous five financial years. The quantity so calculated will however be subject to the following overall ceiling: -
(a) Unit having one marble gang saw machine will be entitled for a maximum licence of 3,000 MT of marble blocks/slabs.
(b) Units having more than one marble gang saw machine will be entitled for a maximum licence of 3000 MT of marble blocks/slabs for the first gang saw machine, and 1500 MT of marble blocks/slabs for each of the additional marble gang saw machines.
IV. All licences shall be subject to actual user condition.
V. Licence holders shall file monthly returns regarding imports made by them to the concerned Regional Licensing Authority.
VI. The eligible applicants may file an application (after the applications are so invited for the said licensing year) in the form given in ‘Aayaat Niryaat Form' together with all relevant documents, to the concerned Regional Authority of DGFT. The eligibility of the applicants with respect to para 2(I) above shall be decided based on verification/certificate from the concerned State Government. RA concerned would forward the applications of eligible applicants to DGFT, HQ for further consideration.
This is with effect from 1st October and the Notification is dated 15th October and we could get it yesterday!
DGFT Notification No. 15/ 2009-2014, Dated: October 15, 2009