TIOL-DDT 126 · Wednesday, 1 June 2005 · story 4 of 5

Foreign Trade Policy amended – Easing of documentation requirements is back

Pending the finalization of Single Common Document (SCD) for international trade, the Government Departments dealing with exports and imports will honour the permission/license/certificate issued by the other Government departments based on the verification of the export documents Like shipping bill, bank realization certificate, Packing list, bill of lading etc .and will not insist upon fresh submission of these documents.

However, this para was omitted in the FTP 2005-06. Now the same has been brought back again vide DGFT Notification 04(RE-2005)/ 2004-2009

Also Para 4.1.4 has been amended to the effect that the exclusion of exemption from payment of anti dumping and safeguard duties has been made for deemed exports under para 8.2 (i) and (j) against the earlier exclusion for supplies under 8(h) and (j)

(See full text of Notification in , Dated: May 30, 2005)

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