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    Circulars
    All› FTP - Foreign Trade Policy › FTP - Foreign Trade Policy - 1993
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    112 - 15-03-1993 DGFT
    Currency paper (Water-mark Bank Note paper)
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    Import controls on currency paper permit specified note presses to import without licence subject to actual user ministry approval and reporting.
    Import of water mark bank note paper is allowed without licence only to specified government Note Printing Presses and designated BRBNM units on an Actual User basis upon a specific Ministry of Finance approval letter presented to Customs; authorised importers must submit quarterly returns of quantity and value to the Ministry of Finance. Newsprint under Exim Code 48.01 may be imported without licence by RNI registered entities on Actual User basis subject to RNI authenticated evidence and prescribed mid year and annual audited reporting to the Registrar of Newspapers for India.

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