DGFT on Inclusion of changes made in provisions in continuation to Public Notice

Sep 12, 2022 | by TeamLease RegTech Legal Research Team

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Commercial ComplianceThe Directorate General of Foreign Trade (DGFT) on September 12, 2022, hereby amends Para 2 of Public Notice No. 10/2015-20 dated May 24, 2022, read with Public Notice No. 15/2015 20 dated June 14, 2022, as under:

The following provisions are inserted after Sl. No. (xi) under para 2 xii All TRQ allottees who are yet to effect imports under TRQ allocated shall provide details of imports planned under TRQ.

xiii. In case of possible non-utilization of quantities allocated or partial utilization, the TRQ allottees shall intimate this directorate for the surrender of specific quantities. Details of the quantities to be surrendered shall be sent vide email to the following email ids: [email protected]/policy2-delta gov at the latest by September 20, 2022.

xiv. Failure to comply with the above directions shall result in cancellation and reallocation of TRQ to other eligible Importers after September 20, 2022.

Para 2(xi) of Public Notice 15/2015-20 dated July 14, 2022, is additionally re-iterated for information of all TRQ Allottees - The un-utilized quantities i.e., quantities not imported by the TRQ Licences by the end of the current import period, shall be deducted from posed allocations during the next period, i.e., 2023-24.

[Notification No.24/ 2015-20]


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