Note 1 of paragraph 3.7.2 of the Exim Policy prescribes that units who export to countries in Latin America , Commonwealth of Independent States (CIS) and Sub Saharan Africa would be granted the status of an Export House provided they achieve an average FOB/ FOR value of Rs 5 crore during the preceding three licencing years.
G.S.R. 419(E). – In exercise of the powers conferred by the clauses (a) and (b) of sub-section (1) of Section 642 read with Section 383A of the Companies Act, 1956 (1 of 1956), the Central Government hereby makes the following rules further to amend the Copanies
The determination referred to in paragraph (1) shall not be made unless the investigation demonstrates, on the basis of objective evidence, the existence of the causal link between increased imports of the article concerned and “market disruption” or threat thereof. When factors other than increased imports are causing “market disruption” to the domestic industry at the same time, such “market disruption” shall not be attributed to increased imports. In such case, the Director General may refer the complaint to the authority for anti-dumping or countervailing duty investigations, as appropriate.
