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TMI BlogClarification on Exim Policy /Handbook of procedures related issuesX X X X Extracts X X X X X X X X Extracts X X X X ..... 5.2 of Exim Policy (RE-98), 1997-2002 which allows import of second hand capital goods with Actual User condition provided the capital goods has a residual life of 5 years. It is clarified that import of second hand spares along with capital goods is also allowed freely with Actual User condition and the condition of residual life of 5 years as applicable to capital goods shall not apply to such s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Bank Realisation Certificate should not be insisted while considering the request for revalidation of Advance licence. Reference is invited to paragraph 6.5(i) of Exim Policy (RE-98), 1997-2002 which has provided for export of further value added product under EPCG scheme with consequent enhancement in export obligation by 50%. Representations have been received to allow this facility even in r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt imposed against various types of garment under product group 'textile' is applicable to knitted and/or woven garments. It is clarified that the value cap imposed on various types of garments are applicable both for woven as well as knitted garments. Attention is invited to paragraph 3(d) of notification No. 2 (RE-98)/97-2002 dated 13.4.98 wherein serial number 21 of Schedule 2, Appendix I of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nsing year is the maximum value upto which medicines/ pharmaceuticals formulations can be exported in a licensing year. Within this overall value, the exporter can export any samples of medicines/ pharmaceuticals formulations including the newly developed one which have not been exported in the past. This issues with the approval of DGFT. (Ajay Sahai) Dy.DGFT, (F.No. PRU/AS/98-99/Open ..... X X X X Extracts X X X X X X X X Extracts X X X X
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