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Date: 06-08-2014
Notification No: Notification No 89 (RE-2013) / 2009-2014
Issuing Authority: DGFT  
Type: Notification
File No: from (01/93/180/25/AM-12/PC-2(B)
Subject: Export benefits / incentives against exports to Iran.

Government of India
Ministry of Commerce & Industry
Department of Commerce
Udyog Bhawan

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

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:

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

  2. 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.

  3. 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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