N 20/2007 (RE-07) IN FORCE 2007-08-13

N 20/2007 (RE-07)

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GOVERNMENT OF INDIA, MINISTRY OF COMMERCE & INDUSTRY, DEPARTMENT OF COMMERCE

NOTIFICATION NO. 20 (RE-2007)/2004-2009 NEW DELHI, DATED THE 13 AUGUST, 2007

S.O.(E) In exercise of powers conferred by Section 5 of the Foreign Trade (Development &

Regulation) Act, 1992 read with Paragraph 1.3 of the Foreign Trade Policy(FTP), 2004-2009, as amended, the Central Government hereby makes the following amendments with immediate effect in FTP, 2004-2009 (Updated as on 19.04.2007):-

  1.   The words ‘irrevocable letter of credit’ in the first sentence of Para 1.5 of Foreign Trade Policy,

2004-2009 (Updated as on 19.04.2007) shall be substituted by the words ‘irrevocable commercial letter of credit’.

  1.                             This issues in Public Interest.

(R.S. Gujral) Director General of Foreign Trade

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(Issued from File No.01/91/180/000629/AM08/PC-III)

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