EPCG import approvals decentralised to licensing authorities; mining imports and cotton yarn export restriction relaxed for qualifying fulfilment. EPCG operational clarifications: licensing authorities are authorised to approve imports of DG sets below 1000 KVA; conveyor belts and OTR tyres for mining are allowable imports; domestic sourcing of capital goods under EPCG may be processed by licensing authorities without EPCG committee referral under Exim Policy and Handbook of Procedures; and the 41-count restriction for cotton yarn is relaxed for calendar year 1999 so all cotton yarn exports in 1999 qualify for EPCG export-obligation fulfilment.
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Provisions expressly mentioned in the judgment/order text.
EPCG import approvals decentralised to licensing authorities; mining imports and cotton yarn export restriction relaxed for qualifying fulfilment.
EPCG operational clarifications: licensing authorities are authorised to approve imports of DG sets below 1000 KVA; conveyor belts and OTR tyres for mining are allowable imports; domestic sourcing of capital goods under EPCG may be processed by licensing authorities without EPCG committee referral under Exim Policy and Handbook of Procedures; and the 41-count restriction for cotton yarn is relaxed for calendar year 1999 so all cotton yarn exports in 1999 qualify for EPCG export-obligation fulfilment.
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