Exporter flexibility to fix price and repay gold loan within prescribed period after export under amended handbook provisions. The amendment grants exporters the flexibility to fix the price and to repay gold loans within 180 days from the date of export, by substituting the first sentences of Handbook sub-paragraphs 6.5.3 and 7.9.5. The change is effected under paragraph 2.4 of the Foreign Trade Policy, 2004-2009, through a public notice, thereby establishing a uniform time-bound repayment mechanism for gold loans linked to export transactions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exporter flexibility to fix price and repay gold loan within prescribed period after export under amended handbook provisions.
The amendment grants exporters the flexibility to fix the price and to repay gold loans within 180 days from the date of export, by substituting the first sentences of Handbook sub-paragraphs 6.5.3 and 7.9.5. The change is effected under paragraph 2.4 of the Foreign Trade Policy, 2004-2009, through a public notice, thereby establishing a uniform time-bound repayment mechanism for gold loans linked to export transactions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.