Amendment in Para 2.35 (b) of Foreign Trade Policy, 2009-2014. - 16 (Re 2013)/2009-2014 - Foreign Trade Policy

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Export proceeds realized in Indian rupees allowed for notified countries subject to value addition requirement. Amendment to paragraph 2.35(b) permits exports of goods imported against payment in freely convertible currency to be realised in Indian rupees for countries notified by DGFT, provided exporters achieve at least 15% value addition; otherwise the general requirement of realisation in freely convertible currency continues to apply.

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.

Export proceeds realized in Indian rupees allowed for notified countries subject to value addition requirement.

Amendment to paragraph 2.35(b) permits exports of goods imported against payment in freely convertible currency to be realised in Indian rupees for countries notified by DGFT, provided exporters achieve at least 15% value addition; otherwise the general requirement of realisation in freely convertible currency continues to apply.

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Amendment in Para 2.35 (b) of Foreign Trade Policy, 2009-2014. - 16 (Re 2013)/2009-2014 - Foreign Trade Policy

Export proceeds realized in Indian rupees allowed for notified countries subject to value addition requirement.

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Amendment in Para 2.35 (b) of Foreign Trade Policy, 2009-2014. - 16 (Re 2013)/2009-2014 - Foreign Trade Policy

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Export proceeds realized in Indian rupees allowed for notified countries subject to value addition requirement.

Topics