| Date: |
18-01-2002
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| Notification No: |
DGFT Notification No 45/2002
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
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| Subject: |
Physical export criteria for recognition of Manufacturing houses/ Industrial houses/ companies/ project exporters and domestic service providers as status holders
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Physical export criteria for recognition of Manufacturing houses/
Industrial houses/ companies/ project exporters and domestic service providers
as status holders
Notification No. 45 dated 18th
January 2002
In
exercise of the powers conferred by section 5 of the Foreign Trade (Development
and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the Export
and Import Policy, 1997-2002 (incorporating amendments made upto 31.03.2001),
the Central Government hereby makes following amendments in the Export and
Import Policy, 1997-2002 (incorporating amendments made upto 31.03.2001).
1)
Paragraph 12.12 (a) is amended to read as:
�Manufacturing
companies or Industrial houses with an annual manufacturing turnover of Rs 300
crores and Rs 1000 crores in the preceding licencing year shall be recognized as
Star Trading House and Super Star Trading House respectively on signing a
Memorandum of Understanding in the prescribed form for achieving physical
exports as currently prescribed for these categories over a period of one year
or the next three years as the case may be. Similarly, companies/ project
exporters, domestic service providers with annual turnover of Rs 100 crores or
more in the preceding licencing year shall be recognized as Export House and
International Service Export House respectively on signing a Memorandum of
Understanding, in the prescribed form, for achieving physical exports as
currently prescribed for this category over a period of one year or the next
three years as the case may be.�
This issues in public interest.
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