Suspension of certain SIONs halts advance authorisations and revises import and export controls for precious metals. The Director General of Foreign Trade suspends SIONs E75, E76, E77, E78, E100, E101 and E102 with immediate effect and prohibits issuance of Advance Authorisations under those SIONs; Appendix 4B is amended to publish the revised list of banks authorised to import gold and silver and nominated agencies under the FTP; Appendix 4J is corrected to set the import linked export obligation period for precious metal pertaining to the gems and jewellery sector and to restore the normal export obligation period for other precious metal imports.
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Suspension of certain SIONs halts advance authorisations and revises import and export controls for precious metals.
The Director General of Foreign Trade suspends SIONs E75, E76, E77, E78, E100, E101 and E102 with immediate effect and prohibits issuance of Advance Authorisations under those SIONs; Appendix 4B is amended to publish the revised list of banks authorised to import gold and silver and nominated agencies under the FTP; Appendix 4J is corrected to set the import linked export obligation period for precious metal pertaining to the gems and jewellery sector and to restore the normal export obligation period for other precious metal imports.
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