Gold import authorisation: sequencing relaxed for earlier permits; SEZ/EOU and trading houses may import for export only. Authorisations for gold imports must be utilised solely for export purposes and diversion to domestic use is prohibited; sequencing of imports before exports will not be insisted upon for authorisations issued prior to the earlier circular. Entities in SEZs and EOUs and recognised trading houses are permitted to import gold exclusively for exports, and exports fulfilling AA/DFIA obligations do not qualify for the 20:80 scheme.
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.
Gold import authorisation: sequencing relaxed for earlier permits; SEZ/EOU and trading houses may import for export only.
Authorisations for gold imports must be utilised solely for export purposes and diversion to domestic use is prohibited; sequencing of imports before exports will not be insisted upon for authorisations issued prior to the earlier circular. Entities in SEZs and EOUs and recognised trading houses are permitted to import gold exclusively for exports, and exports fulfilling AA/DFIA obligations do not qualify for the 20:80 scheme.
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