Promotion of Industry and Internal Trade Ministry Of Commerce & Industry Udyog BhawÜ1, New 011 Tel. Now the validity period of the Authorization for imports stands automatically extended by six months for Authorizations where import validity is expiring after 01 Feb 2020. The key relaxations pertaining to the Department of Commerce are as follows:2. Also the hearings and consultations are being carried out through Video conferencing.Private-Equity Firms Discuss Bid for Kansas City Southern -- UpdateBrazil central bank authorizes tests of Facebook's WhatsApp pay, Mastercard and Visa sayAustralia's AMP warns of half-year profit plunge, blames virusNOKIA : Goldman Sachs reiterates its Neutral rating Option for further extensions as per HBP 4.42 (e) and (f) shall remain available after this period is over.Under para 4.42 (d) of HBP, items under 4J get EO extension equal to half of the initially allowed period of EO. In the light of this, Department of Commerce had included some specific FTAs on this digital platform which had facilitated online application by exporters for these certificates. Now All such LOPs/LOIs whose original or extended validity expires on or after 1st March 2020, would be deemed to be valid up to 31st December, 2020.Under Para 6.06 (c): Special provisions have been laid down allowing a shorter period of export obligations in case of some sensitive products. 23061667 Fax : 23061598 E-mail : secy-dppOnic .in 11 April 2020 The country is under lockdown to control the COVID-19 since 23.032020, However, to ensure that the essential supplies are not affected, Ministry of Home Affairs Deptt. Ministry of Commerce and Industry of the Republic of India published this content on 11 April 2020 and is solely responsible for the information contained therein. Such validity may be extended by the competent authority. All durations mentioned under the given paras of HBP now stand extended by six months in addition to allowed durations for cases expiring after 01 February 2020.Under para 4.82 (c) and (d), 4.83(b), 4.84(c) of HBP, replenishment scheme / outright purchase / loan basis period allowed for exports realisation is capped at 90, 180 days or credit terms, 120 days and 150 days etc. This has been enabled for both new investigations and ongoing investigations. MSMEs or Micro, Small and Medium Enterprises with export commitments should be allowed to operate with minimal manpower, it says.The commerce ministry suggests that industries manufacturing telecom equipment, steel mills, cement, paper, food and beverages, should also reopen with minimum manpower and virus safeguards. Ocptt tot Prornooon c' industry Internal Trade Mantstry of Commerce 8 Industry Ochi-110 C 1 t Tel. Department of Industrial Policy & Promotion was established in 1995 and has been reconstituted in the year 2000 with the merger of the Department of Industrial Development. "I am sure other ministries like agriculture are approaching the home ministry separately for allowing activities like harvesting etc that they consider crucial. (i) In respect of those Advance Authorizations and EPCG Authorizations wherein the extended Export Obligation Period has either expired or is expiring between 1st February, 2020 to 31st July, 2020, the Export Obligation Period has been extended for further six months(ii) In respect of those Advance Authorizations and EPCG Authorizations wherein the import validity period has either expired or is expiring between 1st February, 2020 to 31st July, 2020, the import validity period has been extended for further six(iii) In respect of those EPCG Authorizations wherein Block period to fulfill the Block-wise export obligation has either expired or is expiring between 1st February, 2020 to 31st July, 2020, the Block period has been extended for further six months from the date of expiry. resale / reimport / or abandon) that reached destination but not cleared by overseas buyers due to lockdown in the destination countries.Claim eligibility period under insurance cover reduced from the present 4 months period to 1 month.For facilitating exporters, APEDA extended the validity of RCMC, Recognition/Registration of packhouses, groundnut processing unit, Meat plants, wherever expiring up to 30th April, 2020.Advisory has been issued for providing additional one month validity of certificate as a one-time measure for exporters of Organic products.An advisory was issued on 28/03/2020 to all the laboratories authorized in HortiNet / GrapeNet as well as those for APEDA scheduled products, which carry out sampling and analysis of fresh fruits and vegetables, to bring any impediment related to movement of samplers and laboratory staff to the notice of APEDA and the local Authorities for quick resolution.APEDA Certification Bodies have been advised to extend the validity of organic certificates.