29(RE-2009)/2009-14, Dated: 31/03/2010

 

GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE
UDYOG BHAVAN,  NEW DELHI – 110 011.
 
                                                                                      Policy Circular No.  29 /2009-2014                                                            
                                                                                                                                                                    Dated: 31st March, 2010
 
To
            All Regional Authorities;
            All Commissioners of Customs;
            Trade and Industry.
  
Sub : Invitation for applications for Import licences for Rough Marble Blocks – Issue of quota for the financial year 2010-11 as per Policy Notified vide Notification No. 36/2009-14 dated 31-3-2010.
 
Attention is invited to DGFT Notification No. 36/2009-2014 dated 31st March, 2010 on the subject mentioned above.
 
2.         Applications are invited for issue of import licences for rough marble blocks only for the financial year 2010-11 from the eligible applicants as per the Marble Import Policy announced vide Notification No.36/2009-2014 dated 31st March, 2010.  The quota for the year shall be 3 lakh MT.
 
3.         The applicants may submit their application, in the relevant Aayaat Niryaat Form, along with the documents prescribed under Policy Circular No. 20 dated 16.7.2008, Policy Circular No. 25 dated 8.8.2008 and Policy Circular No. 12 dated 23.10.2009.  However, the time limits and relevant years mentioned in the three Policy Circulars would be modified so as to be in consonance with the Notification No. 36/2009-2014 dated 31st March, 2010. Accordingly:-
 
(a)              The established Marble gangsaw in the Unit should be in the name of the Unit as on or prior to 23.10.2009, as certified by State Industry Department (District Industry Centre).  The gang saw should also not be ‘on Lease’ from any other party.  The marble gangsaw machine should have linear movement and should have minimum 60 steel blades impregnated with diamond segments and be used only for cutting marble blocks into slabs;
 
(b)              SSI/SIA Registration Certificate should show the Unit being in operation on or prior to 31.3.2004;
 
(c)              The list of equipments / capital goods (other than Marble gangsaw) set up by the applicant in the Unit for processing marble slabs / tiles should be prior to 31.3.2004, as per Balance Sheet as on 31.3.2004, duly certified by a Chartered Accountant;
 
(d)              Income Tax Return for the year 2003-04 indicating processing of marble by the Unit duly certified by a Chartered Accountant;
 
(e)              CA Certificate indicating indigenous sales turnover of marble slabs / tiles of years 2004-05, 2005-06, 2006-07, 2007-08 and 2008-09; and
 
(f)              A copy of Chartered Accountant certified statement of accounts, filed along with Balance Sheet to Income Tax authorities for each of the years i.e. 2004-05, 2005-06, 2006-07, 2007-08 and 2008-09 (in order to prove the indigenous sales turnover of marble slabs / tiles of atleast Rs. 1 crore in each of the 5 years).
 
4.         The last date for receipt of application shall be 9th April, 2010.  The applications may be submitted to the concerned Regional Authority (RA) of DGFT.
 
5.         This issues with the approval of Competent Authority.
 
 
 (Tapan Mazumder)
Joint Director General of Foreign Trade
 
(Issued from File No. 01/89/180/Misc-06/AM 08/ PC-I A)
 

WHY CHOOSE US?

We are team of professionals having vast experience in business setup and post compliances. We have helped hundreds of business in their set up and compliances. We use this knowledge and expertise to help our clients to take their business to the next level with results driven solutions.

OUR VISION

We believe in offering top quality and timely services. “To be a quality service provider, supporting global client base in their accounting, transaction, legal and taxation requirements.”We are a company of promise and possibilities. Each day represents a fresh opportunity to share Our Vision.

OUR MISSION

Our mission is to provide One-Stop solution to our clients for their business, financial and regulatory requirements.
We focus on timely, innovative, proactive and independent assurance, financial and tax services to our client and optimize stakeholders' value.

OUR OBJECTIVE

Our objective is to create and sustain long term relationship with our clients and provide one stop solutions for their requirements.

Our employees ideas and inspiration create opportunities constantly, and without limits.


Services

Taxation

Enhancing a stakeholder value is a fundamental concept, which drives every management effort in the modern business environment. Progressive and bottom – line focused managements have realized that taxes should be viewed as a dynamic item of cost, rather than a passive charge on the profits....

Read More

Advisory Service

Managing Risk to enhance performance to truly manage risk, it is vital to enable the right frameworks. We help enhance your business performance by building strong risk management frameworks into the very core of your business processes. This enables us to minimize...

Read More

Assurance

Our assurance services include Statutory audit, Tax audit and Special audits. We carry out audit of financial statements prepared in accordance with various GAAP's (IGAAP/US GAAP / IFRS / other international GAAP) under applicable auditing standards. Our audit methodology is compliant...

Read More

Admin Login

Employee Login

Get in Touch