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In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 1.3 and 4.1 of the Export and Import Policy, 1997-2002, the Central Government hereby makes the following amendments in the ITC(HS) Classifications of Export and Import Items.
The custodians shall be required to keep hard copies of all the current records of their own and their clients operations as on December 30, 1999 so as to ensure continuity of the operations in the event of the systems failure/breakdown.
In exercise of powers conferred under paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II-Section 3 – Sub-section (ii) vide S.O. No. 283(E) dated 31.3.1997, the Director General of Foreign Trade hereby notifies that the words “video films” wherever occur in Public Notice No. 4(PN)/97-02 dated the 31st March, 1997 as amended by Public Notice No.8(PN)/97-02 dated the 6th May, 1997 and subsequently amended by the Public Notice No. 48(PN)/97-02 dated the 3rd October, 1997.