TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY(PART-I, SECTION-I)
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
PUBLIC NOTICE NO.23 (RE-01)/1997-2002
NEW DELHI: DATED THE 27th June, 2001
Subject: Deemed export benefits for Eastern Region System Coordination and Control (ERSC&C) Transmission Project under Paragraph 10.2(d) of the EXIM Policy.
In exercise of the powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India Extraordinary, Part II, Section 3, Sub-Section(ii) vide S.O. No. 283(E) dated 31.3.1997, the Director General of Foreign Trade hereby makes the following amendments:-
2. Para 4 of Public Notice N0. 34 (RE-2000)/1997-2002, dated 15th September, 2000 is amended to read as under:-
“4. In case of World Bank loan fails to come through, for any reason, being a power transmission project, no deemed export benefits would be available for ERSC&C project and power Grid Corporation would return entire DE benefits availed of by them under transitional arrangements.”
3. This issues in Public interest.
( N.L. Lakhanpal )
Director General of Foreign Trade
Copy to all concerned;
(A.K. Sinha)
Deputy Director General of Foreign Trade
