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Date: 01-06-2000
Notification No: DGFT Notification No 18/2000
Issuing Authority: DGFT  
Type: Notification
File No:
Subject: Amendments in EXIM Policy Para 4.3
Amendments in EXIM Policy Para 4.3

Notification No. 18 dated 1st June 2000

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 Export and Import Policy, 1997-2002 (incorporating amendments made upto 31.03.2000), the Central Government hereby makes following amendment in the Export and Import Policy 1997-2002 (incorporating amendments made upto 31.03.2000):

1.     Paragraph 4.23 shall be amended to read as under:

        "Third party exports", as defined in Paragraph 3.54, shall be allowed under the Policy.

2.     The following shall be added at the end of the Paragraph 7.4 (i) �

However, DFRC shall not be issued in respect of SIONs, which are subject to "actual user" condition in the Handbook of Procedures (Vol-II).

3.     The following shall be added at the end of the Paragraph 9.29:

The performance of E0U/ EPZ/ SEZ units will be monitored as per the guidelines given in Appendix-16 (E) of Handbook (Vol-1).

4.     The following shall be added at the end of paragraph 9.40:

The committee will also see that the wastage/ manufacturing loss on gold/ silver/ platinum jewellery and articles are within the overall percentage prescribed in paragraph 8.28 of Handbook (Vol.1). In case of higher wastage/ manufacturing loss, the Committee should satisfy itself of the reasonableness of the same.

This issues in Public Interest.
       

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