(To be published in the Gazette of India Extraordinary
Part-I Section-I)
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Public Notice No. 20/2024-25
New Delhi, Dated: 29th August, 2024
Subject: Further abeyance of Public Notice No. 05/2024 dated 27.05.2024 until 15.09.2024.
Whereas Public Notice No. 05/2024 dated 27.05.2024 had been issued to modify the wastage permissible and Standard Input Output Norms with reference to Gold/Platinum/Silver content in export item. However, keeping in view the representation of the Gem & Jewellery Export Promotion Council (GJEPC), Public Notice No. 05/2024 dated 27.05.2024 had been kept in abeyance till 31.07.2024 vide Public Notice No. 06/2024 dated 28.05.2024 which had been further kept in abeyance till 31.08.2024 vide Public Notice No. 16/2024-2025 dated 29.07.2024. This office has meanwhile received the proposed revision of wastage norms recommended by the Norms Committee and it is under consideration.
2. Accordingly, DGFT in exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade Policy 2023 as amended from time to time hereby places the Public Notice No. 05/2024 dated 27.05.2024 in abeyance for a further period up to 15th of September, 2024. For the interim period, wastage norms under Para 4.59 of Handbook of Procedures 2023 and SIONs M1 to M7 as existed prior to issuance of the said Public Notice No. 05/2024 dated 27.05.2024 stand restored.
Effect of the Public Notice: Public Notice No. 05/2024 dated 27.05.2024 is kept in abeyance till 15th of September, 2024 for inviting suggestions/ comments on the proposed revision of wastage norms recommended by the Norms Committee.
(Santosh Kumar Sarangi)
Director General of Foreign Trade
Ex-officio Addl. Secretary to the Government of India
e-mail: dgft@nic.in
(Issued from File No. 01/94/180/104/AM24/PC-4)