Incremental growth entitlement: compute export growth per IEC in freely convertible currency, excluding specified export categories. Amendment requires that incremental growth for computation of export entitlement under the Foreign Trade Policy be determined for each exporter by Importer Exporter Code (IEC) without combining or transferring export performance between IECs, measured in freely convertible currency to designated markets. It enumerates excluded categories for performance calculation, including imports or trans-shipment, exports from or to SEZ/EOU/EHTP/STPI/BTP/FTWZ and supplies to SEZ units, deemed exports, service and third party exports, precious metals and stones, ores and concentrates, cereals, sugar, crude petroleum and primary petroleum products, milk products, exports requiring authorisation (except SCOMET), meat products, specified market exports, and SEZ products exported through DTA units.
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.
Incremental growth entitlement: compute export growth per IEC in freely convertible currency, excluding specified export categories.
Amendment requires that incremental growth for computation of export entitlement under the Foreign Trade Policy be determined for each exporter by Importer Exporter Code (IEC) without combining or transferring export performance between IECs, measured in freely convertible currency to designated markets. It enumerates excluded categories for performance calculation, including imports or trans-shipment, exports from or to SEZ/EOU/EHTP/STPI/BTP/FTWZ and supplies to SEZ units, deemed exports, service and third party exports, precious metals and stones, ores and concentrates, cereals, sugar, crude petroleum and primary petroleum products, milk products, exports requiring authorisation (except SCOMET), meat products, specified market exports, and SEZ products exported through DTA units.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
