Project
Authority Certificate Amended to Facilitate Deemed Export Benefit for Tariff
Based Competitive Bidding Power Projects
[DGFT Public Notice No. 67 dated 25th May 2010]
Subject:
Amendment in Appendix 13, Appendix 22 C and Appendix 27.
In exercise of powers
conferred under paragraph 2.4 of the Foreign Trade Policy, 2009-14, the Director
General of Foreign Trade hereby makes the following amendments in the Handbook
of Procedures (Volume 1).
2.1 The entries in Appendix 13 shall be substituted by the following:
Agencies/Funds notified by
the Government of India, Ministry of Finance, Deptt.
of Economic Affairs vide their Public Notice No.1(FT)/DEA/2010 dated 5th May,
2010 for the purpose of Deemed Export benefits:-
1.
International
Bank of Reconstruction and Development
(IBRD) and International Development Association (IDA)
2.
International
Fund for Agricultural Development (IFAD)
3.
Asian
Development Bank (ADB)
4.
Organization of
Petroleum Exporting Countries (OPEC) Fund
5.
Yen credit channelised through Japan International Cooperation Agency
(JICA). [Development component only].
6.
Swedish International
Development Agency (SIDA)
2.2.1 Paragraph
(e) of Form 1-A and Para 2 (e) of Form I-B of Appendix 22C, as amended vide
Public Notice 39 dated 8th February 2010, shall be substituted as under :
(e) (i) The supply of goods under the contract made to
power project in India is under the procedure of international competitive
bidding in accordance with the provisions of Paragraph 8.2(g) and 8.4.4 (iv) of
the Policy, and the import content of the order is Rs.(Figures and words
)
(ii) That supply of goods under the contract made to mega power project
in India is under the procedure of ICB or requisite quantum of power has been
tied up through tariff based competitive bidding or project has been awarded
through tariff based competitive bidding in accordance with the provisions of
paragraph 8.2 and 8.4.4(iv) of FTP, and the import content of the order is
Rs
(Figures and words).
2.3 Paragraph (e) of Appendix 27, as amended vide Public Notice 39
dated 8th February 2010,
shall be substituted by the following:
(e) (i) That supply of the goods under the contract to
be made to power project in India is under the procedure of international
competitive bidding in accordance with the provisions
of paragraph 8.2(g) and 8.4.4 (iv) of the Policy and that the import content of
the order is Rs. (figures and words
.).
(ii) That supply of goods under the contract made to mega power project
in India is under the procedure of ICB or requisite quantum of power has been
tied up through tariff based competitive bidding or project has been awarded
through tariff based competitive bidding in accordance with the provisions of
paragraph 8.2 and 8.4.4(iv) of FTP, and the import content of the order is
Rs
(Figures and words).
This issues in public interest.