9911796707
TMI BlogExport Houses, etc. - New Criteria for registration/recognition for 1997-98 and 1988-99X X X X Extracts X X X X X X X X Extracts X X X X ..... ade (Development and Regulation) Act. 1992 (No: 22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002 published in the Gazette of India extraordinary, Part-II-Section- 3 Sub- section (ii) vide S.O. No. 283(E) dated 31.3.97, the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002: 1. The words Passbook Scheme appearing in paragr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... credit under the scheme shall be calculated by taking into account the deemed import content of the said export product as per Standard Input Output Norms and determine the basis customs duty payable on such deemed imports. The value addition achieved by export of such product shall also be taken into account while determining the rate of duty credit under the Scheme". 4. The existing paragraph ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nces and the value of licences surrendered during the validity of licence shall not be deducted 7. The marginal heading against paragraph 12.11 shall be amended to read as "Transitional arrangement". 8. The marginal heading against paragraph 12.12 shall be "Criterion for renewal ". 9. The level of export performance for the purpose of recognition as given in paragraph 12.13 and introduced by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Net foreign exchange value of exports made during the preceding licensing year,in Rupees (1) (2) (3) (4) (5) (For 1997-98) Export Houses 10 Crores 15 Crores 8 Crores 12 Crores Trading House 50 Crores 75 Crores 40 Crores 60 Crores Star Trading House 250 Crores 37 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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