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Introducing the βIn Favour Ofβ filter in Case Laws.
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<h1>Nominated Agencies Must Disburse 15% of Precious Metal Imports to Exporters Over Six Months, Not Per Consignment.</h1> The Directorate General of Foreign Trade has clarified that the requirement for nominated agencies to disburse a minimum of 15% of imported precious metal to exporters is based on cumulative disbursement over a six-month period, not per consignment. This clarification addresses inquiries from the trade and industry sectors regarding the interpretation of the stipulation outlined in previous policy circulars. The directive applies to nominated agencies other than designated banks, as specified in the Foreign Trade Policy. This decision has been approved by the competent authority.