The Export Promotion Board has been examining problems of Export production and export clearance regularly under the Chairmanship of the Cabinet Secretary. A number of Sectors specific problems were raised in the meeting on 3rd Sept., 1997. These have been examined and it has been decided by the Board as under
I am directed to refer to Board’s Circular No. 29/ 95 dated 29th March, 1995 (issued from F. No. 473/ 6/ 95-LC) on the above subject and to say that as a measure of further relaxation, it has been decided to do away with the requirement of 5% Bank Guarantee in the case of imported goods of 100% E.O.Us/ EHTP/ STP and EPZ Units. However, a transit bond or an insurance policy equivalent to the
I am directed to refer notification 43/ 97-Customs (N.T.) dated 11th September, 1997 issued under Sec. 98A of the Customs Act, 1962 to exempt vessels from the provisions of Section 92, 93, 94, 97, & 98 (1) of the said Act
The Board has received several representations from the Trade and Chambers of Commerce for permitting clearances of export / import goods under DEEC Scheme from the Inland Container Depots at Nagpur, Ahmadabad, Surat, Kanpur, Varanasi, Agra and Jaipur. After examining the feasibility of extending Customs Clearance facilities at these Stations in consultation with Chief
