N 28/2000 (RE-00)

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GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE

NOTIFICATION NO. 28 (RE-00)/1997-2002 NEW DELHI : the 3rd August, 2000

   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 31.3.2000), the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002 (incorporating amendment upto 31.3. 2000).

1. The following shall be added at Sl. No. (vi) of paragraph 7.4 ;
   

“ Duty Free Replenishment Certificate may be issued in respect of exports for which payments are received in non-convertible currency. Such exports shall, however, be subject to value addition as specified in Appendix–39 of Handbook (Vol.1). This issues in public interest.

(N.L. Lakhanpal) Directorate General of Foreign Trade and Ex-Officio Additional secretary to the Government of India

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( A.K. Srivastava ) Dy.Director General of Foreign Trade