HB Vol.1 - Gem & Jewellary Scheme

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..... S.O No.283(E) dated 1.3.97, the Director General of Foreign Trade hereby makes following amendment in the Handbook of Procedures (Voi.1 ), 1997 -2002: The paragraph 8.37 shall be corrected to read as follows: 8.37 For conversion of quantity of gold/silver/platinum in terms of equivalent quantity in terms of fineness, the following formula shall be used: Where items of gold has been expor .....

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..... o furnishing of Bank Guarantee to the nominated agencies for an amount as may be described by the nominated agency. On failure to effect exports within the period prescribed, the nominated agencies shall enforce the Bank Guarantee. 3. The paragraph 8.66 shall be amended to read as follows: The exporter may obtain the required quantity of precious metal on loan basis subject to furnishing of Ba .....

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..... er or the Rules issued thereunder.' 6. Following amendments shall be made in appendix-29 of the List of licensing authorities and their jurisdiction. In S.No. ii), Cut tack shall be deleted against the jurisdiction of Jt. DGFT, Calcutta. In S.No. viii), Surat shall be deleted against the jurisdiction of Jt. DGFT, Ahmedabad. The following shall be inserted at S.No. x) x) Dy .....

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