Segregation activities – manufacture for some time
DGFT makes changes in Appendices to the Handbook of Procedure:
HIGH GRADE IRON ORE: Proposals for export of High Grade Iron Ore i.e. 64% Fe and above, except Iron ore of Goa Origin and Redi origin are presently canalized through MMTC and its exports would be subject to approval of the BOA. Now the approval of the BOA is changed to annual allocation by BOA.
Segregation Activities: From 1.4.2002, segregation activities are not covered under the definition of manufacture. However for units which started prior to this date, this activity will be considered as manufacture, but no DTA sale will be allowed.
Caution letter: Units failing to achieve positive NFE during the course of 5 years will be issued a cautionary letter.
DTA permission to converted EOUs. No advance DTA sale would be admissible to a DTA unit converted into an EOU except in respect of new production stream as a result of change of technology or on account of its expanded capacity for export
PUBLIC NOTICE NO. , Dated: August 31, 2005