Saturday, January 22, 2011

Import of natural rubber under TRQ scheme

In view of Customs Notification No. 128/2010-Customs dated 22.12.2010, to allow import of Natural Rubber under exim codes 4001 21, 4001 22 and 4001 29 at concessional duty in the current financial year 2010-11, it has been decided by Director General of Foreign Trade to invite applications for allocation of the TRQ of Natural Rubber from Actual users as per following details:
Applications for allocation shall be sent only by e-mail at in the proforma at Annexure -1 to this Public Notice. Applications for allocation of TRQ shall be received from 18.01.2011 (12.00 noon) to 24.01.2011 (till 5.00 pm). EFC in DGFT will evaluate and allot TRQ to the applicants. The allocation of the TRQ will be based on the Natural Rubber consumption during 2009-10, as certified by Rubber Board. Allottees of TRQ shall file application in ANF2B along with prescribed application fee to concerned Regional Authority of DGFT, who will issue the TRQ authorization as per allocation by EFC. Imports of the allocated TRQ must be completed before 31.3.2011.

{Import of Natural Rubber under the Tariff Rate Quota (TRQ) Scheme in the current financial year 2010-2011 under Para 2.59 of HBP Vol.I, 2009-2014 - DGFT Public Notice No.23/(RE 2010)/2009-14 [F.No. 01/93/180/M-67/AM04/PC2(B)]}

Read lot more in Rubber4U – 1st February 2011 issue

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