| Date: |
12-08-1997
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| Notification No: |
DGFT Notification No 12/1997
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
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| Subject: |
Export House Registration - Triple weightage to direct exports by unit’s regd. with KVIC or KVIBs
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Export House Registration - Triple weightage to direct exports by
unit�s regd. with KVIC or KVIBs
Notification
No. 12 dated 12th August 1997
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 published in the Gazette of India extraordinary, Part-ll-
Section 3-Sub-section (ii) vide S.NO. No. 283(E) dated 31.3.97. the Central
Government hereby makes following amendments in the Export and Import Policy,
1997 -2002:
The
following shall be inserted as sub paragraph 12.7 (f):
"The
manufacturing units registered with KVIC or KVIBs shall be granted triple
weightage on FOB or NFE on the export of products manufactured by them and
directly exported by them with effect from 15th August 1997. However, such units
shall not be entitled for the weightage given in sub paragraph (a) and (b)
above."
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