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E20                         EXCISE LAW TIMES                    [ Vol. 372

                                     It may be noted that the Adjudicating Authority as mentioned in Section 35(1)(k)
                                     above refers to the NCLT.
                                            4.  The RAs may take action accordingly.
                                            5.  This issues with the approval of the competent authority.
                                                 [D.G.F.T., ECA Circular No. 32/2015-20, dated 20-3-2019]
                                     Restrictions on export of 13 APIs and 13 Formulations
                                         imposed vide Notification No. 50 — Not applicable to
                                         exports by SEZ Units — Clarification
                                     [Amend at page 1306 of 25th Edition of FTP & Handbook of Procedures, Vol. 1, 2019-20]
                                            Subsequent to the issuance of the Notification No. 50, dated 3-3-2020 re-
                                     stricting export of 13 APIs and 13 formulations made from these APIs, DGFT has
                                     received various representations from SEZ units and other exporters highlighting
                                     the issues faced by the exporters of APIs/Formulations.
                                            2.  DGFT has examined these issues and the following is being clarified :
                                            I.   As per the SEZ Rules, the restriction  on exports does not apply  to
                                                 SEZs. It is, therefore, clarified that the exports of restricted APIs and
                                                 Formulations made from these APIs is allowed from SEZ Units.
                                            II.   The restriction notified vide Notification No. 50/2015-20, dated 3-3-
                                                 2020 is applicable for only those item descriptions specified in the No-
                                                 tification and not on the other APIs/Formulations that may be falling
                                                 under the same ITC (HS) codes and  have different description.
                                                 Therefore, it is clarified that all other items under the ITC (HS)
                                                 codes in the notification other than the ones falling under the item
                                                 description specified against each code in the Notification are al-
                                                 lowed for exports.
                                            This issues with the approval of Competent Authority.
                                                 [D.G.F.T. Policy Circular No. 33/2015-20, dated 20-3-2020]
                                     Restrictions on export of 13 APIs and 13 Formulations
                                         imposed vide Notification  No. 50 — Exports allowed
                                         against Advance Authorisation scheme subject to condi-
                                         tions
                                     [Amend at page 1306 of 25th Edition of FTP & Handbook of Procedures, Vol. 1, 2019-20]
                                            Subsequent to the issuance of the Notification No. 50, dated 3-3-2020 re-
                                     stricting export of 13 APIs and 13 formulations made from these APIs, DGFT has
                                     received various representations from exporters highlighting the issues faced by
                                     them in fulfilling their export obligations under Advance Authorization scheme.
                                            2.  DGFT has examined these requests and in consultation with the Min-
                                     istry of Health and Family Welfare and Department of Pharmaceuticals, it has
                                     been decided that exports of  all  formulations for  ITC  HS codes falling under
                                     Chapter 30 in the Notification No. 50, dated 3-3-2020 shall be allowed to be ex-
                                     ported under the Advance Licenses issued on or before the date of Notification
                                     (3-3-2020). Also, no enhancement of Quantity shall be permitted for import and
                                     export items in these Advance Licenses.
                                            This issues with the approval of Competent Authority.
                                                 [D.G.F.T. Policy Circular No. 34/2015-20, dated 20-3-2020]

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