Notification under foreign trade policy: permits rupee payments for certain exports to Iran subject to a value addition requirement. Iran is notified as eligible under Para 2.35(b) of the Foreign Trade Policy, permitting exports to Iran imported against payment in freely convertible currency to be settled in Indian Rupees, subject to at least 15% value addition.
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Provisions expressly mentioned in the judgment/order text.
Notification under foreign trade policy: permits rupee payments for certain exports to Iran subject to a value addition requirement.
Iran is notified as eligible under Para 2.35(b) of the Foreign Trade Policy, permitting exports to Iran imported against payment in freely convertible currency to be settled in Indian Rupees, subject to at least 15% value addition.
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