Conversion of loan of precious metals taken from the nominated agencies into outright purchase

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..... CY CIR NO. 14 (RE-2005)/2004-2009 , DT. 04/07/2005 In terms of provisions contained in para 6.2(f) of Foreign Trade Policy and 7.10.7 of Handbook of Procedures, the Gem Jewellery Units in EOU/SEZ may source gold/silver/platinum from the nominated agencies on loan basis and units obtaining such precious metals from the nominated agencies are required to make export of gold/silver/platinum jewe .....

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..... h conversion, it would be subject to normal policy of EOU/SEZ in so far as utilization of precious metals and export of jewellery is concerned, unless otherwise specified. This issues with the approval of competent authority. (P.K.Santra) Dy. Director General of Foreign Trade For Director General of Foreign Trade (Issued from F.N o.01/92/180/58/AM'06-PC.II) - Circular - Trade Notice - Pu .....

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