Export entitlement calculation tied to specific Foreign Trade Policy provisions and limited to per IEC incremental growth in convertible currency. The amendment links entitlement to paragraph 3.14.2 or to exports to markets in paragraphs 3.14.4(e)/3.14.5(e) of the Foreign Trade Policy, and requires incremental growth for entitlement computation to be measured per IEC without combining group company exports or transfers, denominated in freely convertible currency. It also specifies categories of exports excluded from export performance and entitlement calculations, including trans-shipped imports, exports from SEZ/EOU/EHTP/STPI/BTP/FTWZ, deemed and service exports, third party exports, specified precious metals and stones and jewellery, ores, cereals, sugar, crude petroleum products, milk products, exports on behalf of others, supplies to SEZ units, items needing export authorization (except SCOMET), meat products, exports to certain markets, and SEZ products exported via 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.
Export entitlement calculation tied to specific Foreign Trade Policy provisions and limited to per IEC incremental growth in convertible currency.
The amendment links entitlement to paragraph 3.14.2 or to exports to markets in paragraphs 3.14.4(e)/3.14.5(e) of the Foreign Trade Policy, and requires incremental growth for entitlement computation to be measured per IEC without combining group company exports or transfers, denominated in freely convertible currency. It also specifies categories of exports excluded from export performance and entitlement calculations, including trans-shipped imports, exports from SEZ/EOU/EHTP/STPI/BTP/FTWZ, deemed and service exports, third party exports, specified precious metals and stones and jewellery, ores, cereals, sugar, crude petroleum products, milk products, exports on behalf of others, supplies to SEZ units, items needing export authorization (except SCOMET), meat products, exports to certain markets, and SEZ products exported via DTA units.
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