To be published in the Gazette of India Extraordinary Part II

Section 3, Sub Section (II)

Government of India

Ministry of Commerce & Industry

Department of Commerce

Udyog Bhawan

Notification No. 89 (RE-2013)/2009-2014

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New Delhi, the 6th August, 2014

Subject: Export benefits / incentives against exports to Iran.

S.O.(E) In exercise of the powers conferred by Section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with Para 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendment in the Para 2.40A of Foreign Trade Policy, 2009-2014:

2. The word ‘specific’ appearing in the first line of Para 2.40A of Foreign Trade Policy, 2009-2014 is hereby deleted:

3. After deleting, Para 2.40A of Foreign Trade Policy, 2009-2014 shall read as under:

Para 2.40A: Export proceeds against exports to Iran realized in Indian rupees are permitted to avail exports benefits/ incentives under the Foreign Trade Policy, 2009-14, at par with export proceeds realized in freely convertible currency.

4. Effect of this notification: The word ‘specific’ has been deleted from Para 2.40A of Foreign Trade Policy, 2009-2014.

(Pravir Kumar)

Director General of Foreign Trade

E-mail: dgft@nic.in

[Issued from (01/93/180/25/AM-12/PC-2(B)]

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Category : DGFT (3468)
Type : Notifications (15273) Notifications/Circulars (30294)
Tags : DGFT Notifications (3413)

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