Date: |
13-01-1999
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Notification No: |
DGFT Public Notice No 66/1999
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Issuing Authority: |
DGFT
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Type: |
Public Notice
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File No: |
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Subject: |
Amendments in the Handbook of Procedures (Vol.1) (RE: 98) 1997-2002
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Amendments in the Handbook of Procedures (Vol.1) (RE: 98) 1997-2002
Public Notice No. 66 dated 13th January 1999
In exercise of powers conferred under Paragraph 4.11 of the Export and Import Policy, 1997-2002, as notified in the Gazette of India extraordinary, Part-II Section 3- Sub-Section (ii) vide S.O.No.283 (E) dated 31.3.1997 the Director General of Foreign Trade hereby makes the following amendments in the Hand-book of Procedures (Vol.1),(RE: 98), 1997-2002.
Paragraph 8.38 of the Handbook of Procedures (Vol.1) (RE: 98), 1997-2002 shall be amended to read as follows:
" The gold/ silver/ platinum shall be released to the exporter of jewellery by the nominated agencies/ RBI authorised banks in multiples of 10 gms. or in Ten Tola Bars in respect of gold. However, silver shall be released to the exporters in multiples of 1 kg only. Any balance of gold/ silver/ platinum shall be available to the exporters along with his future entitlement. The gold/ silver shall be released by the nominated agencies in terms of 0.995/ 0.999 fineness and platinum in terms of 0.9999 fineness."
This issues in public interest.
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