Date: |
03-12-1997
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Notification No: |
DGFT Notification No 24/1997
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Issuing Authority: |
DGFT
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Type: |
Notification
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File No: |
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Subject: |
Supply of Marine Freight Containers by EOUs to Shipping Companies against Foreign Exchange Categorised as Deemed Exports
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Supply of Marine Freight Containers by EOUs to Shipping Companies against
Foreign Exchange Categorised as Deemed Exports
Notification
No. 24 dated 3rd December 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
-II -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 added after paragraph 10.2 (g):
(h) "Supply of Marine Freight containers by 100% EOU (Domestic
freight containers manufactures) to shipping companies including shipping
Corporation of India provided the payment for the same is received in free
foreign exchange.
This issues in public
interest.
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