Policy for issue of import licenses of Rough Marble and Travertine Blocks for Financial year 2012-13 - Notified
The following Policy provisions will be applicable for import of Rough Marble Blocks and Travertine for the financial year 2012-13. This will supersede earlier Policy /Guidelines for issue of import licenses of Rough Marble Blocks.
I. Eligibility of the units will be decided based on the following three criteria:
(a)Units who have installed marble gangsaw machine (except 100% EOUs and units in SEZ) on or prior to 31.3.2012. The marble gangsaw machine shall be in the name of the applicant only. No gangsaw on “Lease Basis” shall be considered for the purpose of allocation of import entitlement.
(b)The Units should have been in operation for 5 years on or prior to 31.3.2012.
(c)All eligible units as per (a) above should have cumulative turnover of atleast Rupees Five crores( Rs 5 Crores) during the 5 years period i.e financial years 2006-07 to 2010-11 irrespective of whether it is from domestic or foreign sources in respect of processed marble slabs/tiles only.
II. Floor Price :Licenses for import of crude or roughly trimmed marble and travertine blocks or merely cut, by sawing or otherwise into blocks of a rectangular (including square) shape shall be subject to a floor price of US$ 325 per Metric Tonne (MT), which shall be endorsed on all licenses.
III. Entitlement :The total import of Rough Marble and Travertine blocks under ITC HS Codes 25151100 and 25151210 will be subject to a ceiling of 6 lakh MT for the whole of the licensing year, 2012-13. Eligible units will be entitled for an import license on the basis of cumulative turnover ( indigenous or foreign) of atleast Rupees 5 crores of processed marble slabs/tiles only, over the previous five financial years 2006-07 to 2010-11. The quantity so calculated will however be subject to the overall ceiling of 3000 MT for the first gang saw and 1500 MT for every subsequent gang saw.
IV. Actual User Condition: All licenses shall be subject to actual user condition. Modalities for submitting hard copies of the applications is attached as Annexure 1 to this notification.
V. Monthly Return : License holders shall file monthly returns regarding imports made by them, to the concerned Regional Authority of DGFT by the 15 th of each succeeding month in which license is obtained (for example if a license is obtained on 13 th September, the license holder will file monthly return for imports made in September by 15 th of October and for each month thereafter by the 15 th ). This is a mandatory requirement.
VI. Validity of Import licences: Licenses for Import of Marble and Travertine will have a validity upto 30 th September 2013.
DGFT Notification No. 12/(RE-2012)/2009-2014, Dated: August 22, 2012