It has been reported to the Board that exemption from 10% CVD under zero duty EPCG Scheme in terms of customs notification number 29/97-Cus. Dated 1.4.97 has been extended by some Custom Houses even to machines like knitting/dyeing/compacting etc. i.e. machines which are used in the manufacture/processing of fabrics and not garments
That the portfolio manager may manage funds raised or collected or brought from outside India accordance with the Securities and Exchange Board of India (Foreign Institutional Investors ) Regulations, 1995.
