F.No.01/92/180/42/AM07/PC-VI/98
GOVERNMENT OF INDIA
DEPARTMENT OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
DIRECTORATE GENERAL OF FOREIGN TRADE

 

 

Udyog Bhawan, New Delhi
21.04.2008

 

To

 

All Development  Commissioners

 

Sub: Permission to granite sector to take spares upto 5% of value of Capital goods to 
        Quarry site - Clarification thereon.

 
Sir,

Para 6.7(a) of HBP specifies a limit of 5% value of capital goods for
spares to be taken to quarry site by Granite Sector EOUs. 
Representations have been received stating that Revenue Authorities
apply 5% limit in regard to procurement.  Policy provisions are clear
that 5% restriction envisaged in Para 6.7(a) is only in respect of
taking spares to quarry site.  Spares can be procured beyond 5% limit
for genuine repair work following the laid down procedure.

            This issues with the approval of DGFT.

 

Yours faithfully,

Sd/-
(Sanjay Rastogi)
Export Commissioner