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of <h1>Amendments to Export-Import Policy: Extended EPCG License Validity, Prototype Imports, and Free Export for Promotion.</h1> The Director General of Foreign Trade has issued amendments to the Handbook of Procedures (Vol. I) under the Export and Import Policy 2002-2007. Key changes include extending the validity of EPCG licenses for spares and consumables to 24 months, allowing import of prototypes without a license for industrial users, and permitting status holders to export items free of cost up to a certain limit for promotion. Additionally, Appendix 16A, concerning the export license application for SCOMET items, is appended. The notice emphasizes compliance with export regulations and requires detailed documentation for license applications and certifications.
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