In exercise of the powers conferred by section 5 of the Foreign Trade ( Development & Regulation) Act 1992 (No.22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the Export and Import Policy, 1997-2002.
Attention is invited to Paras 7.8, 7.9 and 7.10 of Handbook of Procedures, Vol.1, 1997-2002, published under the Ministry of Commerce Public Notiice No.1/1997-2002 dated 31.3.1997 and Handbook of Procedure, Vol.2, 1997-2002 published under the Ministry of Commerce Public Notice No.2/1997-2002 dated 31.3.1997.
Export of Schedule 3 Chemicals, as specified above, to States not party to the Chemical Weapons Convention shall continue to be restricted against export licences in terms of entry appearing at S.No. 28 of Paragraph 16.2 of the Negative List of Exports.
Circular No. 404/37/98-CX The issue regarding inclusion of notional interest on advance deposits in the assessable value of excisable goods has been re-examined by the Board in view of several references received from the field formations and the trade seeking clarifications.
