Directorate General of Foreign Trade (DGFT) has amended its guidelines on the import of rough marble blocks and slabs for 2007-08. In an update to Policy Circular No. 1, the floor price for crude or roughly trimmed marble and rough marble blocks has been reduced to $325 per metric tonne, while the floor price for marble slabs remains at $500 per metric tonne. These amended floor prices will be endorsed on all relevant import licenses.
Government of India
Ministry of Commerce
Directorate General of Foreign Trade
Udyog Bhavan, New Delhi – 110 011.
Policy Circular No. 02 (RE-07)/2004-2009 Dated 30.7.2007
To,
All Licensing Authorities;
All Commissioners of Customs;
Sub : Guidelines for import of Rough Marble Blocks/Slabs for the year 2007-08.
Paragraph 2. II of the Policy Circular No 1 (RE-07)/ 2004-09 dated 26.07.2007 shall be amended to read as under:
II. Floor Price-
It is further clarified that these licences shall be subject to the following floor price which shall be endorsed on all licences.
i) For crude or roughly trimmed marble – US$325 per Metric Tonne (MT);
ii) For rough marble blocks – US$325 per Metric Tonne (MT); and
iii) For Slabs – US$ 500 per Metric Tonne (MT)
2. This issues with the approval of Competent Authority.
Sd/-
(O. P. Hisaria)
Joint Director General of Foreign Trade
(Issued from File No. 212/38/AM 07/ PC-I A)
