| Date: |
26-09-1997
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| Notification No: |
DGFT Notification No 18/1997
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
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| Subject: |
Exemption from Policy/ Procedure
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Exemption from Policy/ Procedure
Notification
No. 18 dated 26th September 1997
In
exercise of the powers conferred under section 5 of the foreign Trade
(Development and Regulation) Act, 1992(No.22 Of 1992) the central Government
hereby makes the following amendments in the export & Import policy
1997-2002.
Para
4.14 may be amended to read as under:
Any request for the relaxation of this policy or of any procedure on the
ground that there is genuine hardship to the applicant or that a strict
application of the policy or procedure is likely to have an adverse impact on
trade, may be made to the Director General of foreign trade may pass such order
or grant such relaxation or relief as he may deem fit and proper. The Director
General of foreign Trade may in public interest, exempt any person or class or
category of persons from any provision of this policy or any procedure and may
while granting such exemption impose such conditions as he may deem fit. Such
request may be considered only after consulting advance Licensing committee if
the request is in respect of provision of chapter 7 of the policy/ procedure.
However, any such request in respect of a provision other than chapter 7 may be
considered only after consulting policy relaxation committee.
2.
This issues in public interest.
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