Page 142 - ELT_2nd_15th April 2020_Vol 372_Part
P. 142

E38                         EXCISE LAW TIMES                    [ Vol. 372

                                                              FTP -  Circulars
                                     Urad — Modalities for import of 4 Lakh MT of Urad for FY
                                         2020-21
                                            Subject :  Modalities for import of 4 Lakh MT of Urad for the fiscal year 2020-
                                                     2021.
                                            In view of the present situation arising out of pandemic COVID-19, the
                                     Trade Notice No. 57/2019-2020 dated 19th March, 2020 is being partially modi-
                                     fied by extending the last date for receipt of application for import of Urad for
                                     the fiscal year 2020-2021 upto 15th April, 2020, instead of 3rd April, 2020.
                                            2.  Accordingly,  the applications  in response  to Trade Notice  No.
                                     57/2019-2020 dated 19th March, 2020 will be received till 15th April, 2020.
                                            This issues with the approval of competent authority.
                                                 [Dy. D.G.F.T., Trade Notice No. 58/2019-20, dated 23-3-2020]
                                     Certificates of origin under India’s Trade Agreements —
                                         Retrospective issuance
                                     [Add on page 1398 of 25th Edition of FTP & Handbook of Procedures, Vol. 1, 2019-20]
                                            Subject :  Retrospective Issuance of  Certificates of Origin under India’s Trade
                                                     Agreements.
                                            On account of the lockdown/curfew in India due to the COVID-19 pan-
                                     demic, the Indian agencies authorised, in accordance with Para 2.103 of Hand-
                                     book of Procedure, 2015-2020, to issue the certificate of origin under India’s free
                                     trade  agreements (FTAs), comprehensive  economic cooperation  agreements
                                     (CECA), comprehensive economic partnership agreements (CEPA) and preferen-
                                     tial trade agreements (PTAs) are temporarily closed and unable to issue the cer-
                                     tificate of origin.
                                            2.  In view of these exceptional circumstances, the certificates would be
                                     issued retrospectively by the concerned Indian agencies after they open their of-
                                     fices. Therefore, in the interim period, the customs authorities and other compe-
                                     tent authorities in the trading partners with whom India has a trade agreement
                                     may kindly allow the eligible imports under preferences on a retrospective basis
                                     subject to the subsequent production of the certificates of origin by the Indian
                                     exporters.
                                            3.  India would also stand ready to honour its preferential trade agree-
                                     ment imports subject to the respective governments also making a formal request
                                     or putting up a notice in this regard.
                                            This issues with the approval of the competent authority.
                                                 [Dy. D.G.F.T., Trade Notice No. 59/2019-20, dated 28-3-2020]
                                     Registration cum Membership Certificate (RCMC) beyond
                                         31-3-2020 — Extension of validity
                                            Subject :  Extension of  validity of Registration cum Membership Certificate
                                                     (RCMC) beyond 31st March, 2020.
                                            Under para 2.55 & 2.56 of FTP read with paras 2.91 - 2.95 of HBP, 2015-
                                     20, Export Promotion Councils (EPCs) have been issuing RCMCs to its members.
                                     In view of the current situation due to the COVID-19 pandemic, exporters may

                                                         EXCISE LAW TIMES      15th April 2020     158
   137   138   139   140   141   142   143   144   145   146   147