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<h1>Amendments to Export and Import Policy 1997-2002: Concessional Duty for EPCG Licences, Clarifications for EHTP/STP Units</h1> Notification No. 03/1997, dated April 11, 1997, issued by the Central Government under the Foreign Trade (Development and Regulation) Act, 1992, introduces amendments to the Export and Import Policy 1997-2002. Key changes include a transitional arrangement for EPCG Licences issued on or before March 31, 1997, allowing concessional duty rates on imports. Amendments also clarify the setup of electronic hardware units without a minimum net foreign exchange earning requirement and correct various paragraphs for consistency, including provisions applicable to EHTP/STP Units. Additional corrections involve terminology adjustments and appendix references. These amendments are made in the public interest.