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of <h1>Amendments to Export and Import Policy: Subcontracting Revisions, New Agri Export Zones, and Advance Licence Updates.</h1> The circular issued by the Director General of Foreign Trade outlines amendments to the Export and Import Policy, 2002-07. Key changes include revisions to subcontracting provisions for Export Oriented Units (EOU), Export Processing Zones (EPZ), and Special Economic Zones (SEZ), allowing removal and return of tools and direct export from job worker premises under specific conditions. It also updates procedures for claiming deemed export benefits and adds new Agri Export Zones in Sikkim and Karnataka. The document emphasizes compliance with Central Excise registration and details requirements for Advance Licence applications under the Duty Exemption Scheme.
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