Non-insistence on sequencing of import of gold being followed by export of gold jewellery/articles of gold.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of Commerce Udyog Bhawan Notification No. 40 (RE 2013)/2009-2014 New Delhi, Dated 6th September, 2013 Subject: Non-insistence on sequencing of import of gold being followed by export of gold jewellery/articles of gold. S.O.(E) - In exercise of powers conferred by Section 5 of the Foreign Trade (Development Regulation) Act, 1992 (No. 22 of 1992), read with paragraph 2. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... lowed by a corresponding export. Normally import precedes export under AA/DFIA but in certain cases export may precede import. It is necessary that every import under AA/DFIA must be duly accounted for by corresponding exports without insisting on the sequence: import preceding export. 4. Accordingly, import of gold under AA/ DFIA would have a corresponding export but not necessarily import .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X