Customs notification amendment updates Export and Import Policy references and relaxes data link, re export, and jewellery clearance rules. Directive amends multiple Customs exemption notifications to substitute references to the Export and Import Policy 1 April 1997-31 March 2002, replace 'prescribed value addition' with Net Foreign Exchange Earnings as Percentage of Exports (NFEP), reduce certain ad valorem thresholds, permit unit re-export of goods, allow re-export or export of dead stock/broken stones up to a specified proportion, permit clearance of plain jewellery into the Domestic Tariff Area subject to Special Import License and EEFC payment, broaden EPZ terminology to include Technology Parks, and permit data/software transfer via communication links subject to Commissioner conditions.
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Customs notification amendment updates Export and Import Policy references and relaxes data link, re export, and jewellery clearance rules.
Directive amends multiple Customs exemption notifications to substitute references to the Export and Import Policy 1 April 1997-31 March 2002, replace "prescribed value addition" with Net Foreign Exchange Earnings as Percentage of Exports (NFEP), reduce certain ad valorem thresholds, permit unit re-export of goods, allow re-export or export of dead stock/broken stones up to a specified proportion, permit clearance of plain jewellery into the Domestic Tariff Area subject to Special Import License and EEFC payment, broaden EPZ terminology to include Technology Parks, and permit data/software transfer via communication links subject to Commissioner conditions.
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