EPCG -Export obligation norms & Exim Policy -Heading of Chapter 4 corrected

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..... ISTRY OF COMMERCE NOTIFICATION NO.5 (RE-99) 1997-2002 NEW DELHI : 19 th April, 1999 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 (incorporating amendment made upto 31.3.99), the Central Government hereby makes following amendments in the .....

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..... 5 times CIF value of capital goods 8 years a) Zero duty in case CIF value is Rs.1 Cr. or more for electronics, food processing, textiles, plastic leather, sports goods, gem Jewellery sectors and produce and products of agriculture, aquaculture, animal Husbandry, floriculture, horticulture, pisciculture, viticulture, poultry, Sericulture. Bio-technology sector, the followin .....

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..... CIF value of Capital goods 5 times CIF value of capital goods 6 years 6 years 4. The word 'average' appearing in second sub paragraph 7.4A shall stand deleted. This issues in public interest. (N.L.Lakhanpa .....

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