Supply of marine freight containers by 100% EOUs permitted to shipping companies when paid in free foreign exchange. The Export and Import Policy was amended to allow 100% Export Oriented Units that manufacture domestic freight containers to supply marine freight containers to shipping companies, including the Shipping Corporation of India, provided payment is received in free foreign exchange, pursuant to powers under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 and paragraph 1.3 of the Export and Import Policy, 1997-2002.
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.
Supply of marine freight containers by 100% EOUs permitted to shipping companies when paid in free foreign exchange.
The Export and Import Policy was amended to allow 100% Export Oriented Units that manufacture domestic freight containers to supply marine freight containers to shipping companies, including the Shipping Corporation of India, provided payment is received in free foreign exchange, pursuant to powers under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 and paragraph 1.3 of the Export and Import Policy, 1997-2002.
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