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<h1>Amendments to 1997-2002 Export/Import Policy: Export Obligations, Import Rules, Customs Duty, and Board of Approvals Updated.</h1> The circular outlines amendments to the Handbook of Procedures (Vol 1) for the Export and Import Policy 1997-2002. Key changes include adjustments to export obligations, value addition requirements, and procedures for customs duty recovery. It also revises rules for the import of capital goods by specific units and allows for the merger of units within the same jurisdiction. The circular updates various appendices, including those related to product groups, agencies authorized to issue certificates of origin, and reimbursement procedures for Central Sales Tax. It also establishes a combined Board of Approvals for EOU, EPZ, and SEZ schemes, detailing its composition and functions.