TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRA ORDINARY
Government of India
Ministry of Commerce
Notification No. 18 (RE-00)/1997-2002
New Delhi, the 1st June May,2000
In exercise of powers conferred by Section – 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No.22 of 1992) read with paragraph 1.3 of Export and Import Policy, 1997-2002 (incorporating amendments made upto 31.03.2000), the Central Government hereby makes following amendment in the Export and Import Policy1997-2002 (incorporating amendments made upto 31.03.2000):-
1. Paragraph 4.23 shall be amended to read as under :
“Third party exports”, as defined in Paragraph 3.54, shall be allowed under the Policy.
2. The following shall be added at the end of the Paragraph 7.4 (i)-
However, DFRC shall not be issued in respect of SIONs which are subject to “actual user” condition in the Hand book of Procedures (Vol-II).
3. The following shall be added at the end of the Paragraph 9.29:
The performance of EOU/EPZ/SEZ units will be monitored as per the guidelines given in Appendix-16(E) of Handbook (Vol-1).
4. The following shall be added at the end of paragraph 9.40:
The committee will also see that the wastage/manufacturing loss on gold/silver/platinum jewellery and articles are within the overall percentage prescribed in paragraph 8.28 of Handbook (Vol.1). In case of higher wastage/manufacturing loss, the Committee should satisfy itself of the reasonableness of the same.
This issues in Public Interest.
Director General of Foreign Trade
Additional Secretary to the Government of India
Copy to all concerned.
Dy.Director General of Foreign Trade