In exercise of powers conferred under Paragraph 2.4 of the Export and Import Policy 2002-2007, the Director General of Foreign Trade hereby makes the following amendments in Handbook of Procedures.
In exercise of the powers conferred under paragraph 2.4 of the Export and Import Policy, 2002-2007 and paragraph 1.1 of Handbook of Procedures (Vol.I), the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedure.
The Government updates import licensing for vehicles under the Export and Import Policy 2002-07 through Notification No. 39 (RE-2003)/2002-07.
In terms of para 2 and 3 of the Public Notice No 40 dated 28.01.2004, exports of certain products for calculation of entitlement as well as imports of certain products were excluded from the purview of the Duty Free Entitlement Certificate for Status Holders. The said provision is hereby inserted in the Exim Policy by correcting Notification No 28 dated 28.01.2004 as under.
The Stock Exchanges shall clear and settle the trades on a sequential basis i.e., the pay-in and the pay-out of the first settlement shall be completed before the commencement of the pay-in and payout of the subsequent settlement/s.
