DE benefits for Eastern Region System Co-ordination and Control Transmission Project under para 10.2 (d) of Policy - DGFT - 23 (RE-01)/1997-2002

DE benefits for Eastern Region System Co-ordination and Control Transmission Project under para 10.2 (d) of Policy PUBLIC NOTICE NO.23 (RE-01)/1997-2002 Dated 27/06/2001 Sub: Deemed export benefits for Eastern Region System Coordination and Control (ERSC C) Transmission Project under Paragraph 10.2(d) of the EXIM Policy. In exercise of the 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:- Para 4 of Public Notice N0. 34 (RE-2000)/1997-2002, dated 15th September, 2000 is amended to read as under:- "4. In case of World Bank loan fails to come through, for any reason, being a power transmission project, no deemed export benefits would be available for ERSC C project and power Grid Corporation would return entire DE benefits availed of by them under transitional arrangements." This issues in Public interest. ( N.L. Lakhanpal ) Director General of Foreign Trade