Notification No.13 dated 14^th August 1998

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 the Export and Import Policy, 1997-2002  (incorporating amendments made up to 13.4.1998), the Central Government hereby makes the following amendments in the Export and Import Policy, 1997-2002,  (incorporating amendments made up to 13.4.1998)

Paragraph 6.3  (a) may be amended to read as follows:

"Under the Scheme, manufacturer exporters, merchant exporters tied to supporting manufacturer (s) and service providers are eligible to import capital goods. For Agricultural exports, import of irrigation equipments may be allowed provided ownership of these equipments rest with the EPCG licence holder, such equipments are not sold or leased and list of places where the equipments are to be located is made available to the jurisdictional Asst. Commissioner of Customs and Excise"

2.     This issues in Public interest