| Date: |
12-09-2005
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| Notification No: |
DGFT Notification No 27/2005
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
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| Subject: |
Amendments in 6.6(d) - Letter of Permission/ Letter of Intent and Legal Undertaking - Investment Criteria
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S.O. (E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign Trade Policy, 2004-2009, as amended from time to time, the Central Government hereby makes the following amendments in the Foreign Trade Policy, 2004-2009:-
Sub-paragraph 6.6(d) shall be amended as under:-
�Only projects having a minimum investment of Rs. 1 Crore in Plant & Machinery shall be considered for establishment as EOUs under the scheme. This shall, however, not apply to existing units and units in EHTP/STP/BTP, Handicrafts/ Agriculture/ Floriculture/ Aquaculture/ Animal Husbandry /Information Technology, Services, Brass Hardware and Handmade jewellery sectors The Board of Approval (BOA) may also allow establishment of EOUs with a lower investment criteria.
This issues in Public interest.
Sd/-
( K.T. CHACKO)
DIRECTOR GENERAL OF FOREIGN TRADE and
Ex Officio Additional Secretary to the Government of India ( Issued from F.No. 01/92/180/207/AM05/PC-II)
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