Power of Regional Authorities of DGFT to Issue Nominated Agency Certificates for Import of Precious Metal Withdrawn – Para 4.94(a) Deleted

[Ref: Public Notice No. 31/2015-2020 dated 18 October 2017]

Effect of this Public Notice: Power of Regional Authorities of DGFT to issue/renew Nominated Agency Certificates has been removed

Sub: Amendments in Chapter-4 of Hand Book of Procedures 2015-2020, related to nominated agencies

In exercise of powers conferred under Para 2.04 of the Foreign Trade Policy 2015-2020, as amended from time to time, the Director General of Foreign Trade, in public interest, makes the following amendments in Hand Book of Procedures 2015-2020 as under:

1. Para 4.94 (a) is deleted.

The Deleted para is as below:

4.94 Guidelines/ Monitoring for import of precious metal by the Nominated Agencies

The guidelines on import of precious metal by the nominated agencies and monitoring are as under:

(a)   Regional Authority competent to issue/renew Nominated Agency Certificate are given below:

S.No.

Category

Issuing /renewing Authority for Status Recognition Certificate

Issuing / renewing Authority for Nominated Agency Certificate

1.

IEC holder having DTA unit as well as SEZ/EOU unit

Regional Authority concerned as per Appendix 1A of Hand Book of Procedures.

Regional Authority concerned as per Appendix 4A of Hand Book of Procedures.

2.

IEC holder having SEZ/EOU unit only

Development Commissioner concerned as per Appendix 1A of Hand Book of Procedures.

No such Certificate for such applicants.

3.

IEC holder having DTA unit only

Regional Authority concerned as per Appendix 1A of Hand Book of Procedures.

Regional Authority concerned as per Appendix 4A of Hand Book of Procedures.

(i)      Four Star Export House (status on the basis of exports made only of Gems & Jewellery Sector items excluding export performance from SEZ/EOU units, if any) and Five Star Export House (excluding export performance of Gems and Jewellery items from SEZ/EOU units, if any) may apply to the concerned Regional Authority online in ANF 4-I for issue of Nominated Agency Certificate. Applicant shall upload a self-attested copy of the valid Status Holder Certificate issued under FTP 2015-2020.

(ii)     On the date of application for renewal of Nominated Agency Certificate, the Status Certificate must be valid for next financial year also. Secondly, applicant should also be eligible to qualify to be recognized as Four Star Export House (based on the export of gems and jewellery sector items excluding export performance from SEZ/EOU units, if any) / Five Star Export House(excluding export performance of Gems and Jewellery items from SEZ/EOU units, if any) on the date of application. In other words, Regional Authority shall reassess the eligibility of status holder based on export performance before issuing / renewing the Nominated Agency Certificate.

(iii)    Regional Authority after scrutiny of details given by the applicant, may grant Nominated Agency Certificate to the eligible applicant as per format given in Appendix 4N of Hand Book of Procedures. The Nominated Agency Certificate / Renewal of Nominated Agency Certificate shall be issued by the Head of Office.

(iv)    The existing Nominated Agency Certificate issued under FTP (2009-2014) shall be valid upto 31st  March 2015. Thereafter, Nominated Agency Certificate issued under FTP 2015-2020 shall be valid for a period of one year from the date of issue.