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of <h1>India Revises Import License Policy for Marble: New Criteria, Turnover Requirements, and Annual Import Ceiling Effective October 2009</h1> The Government of India has revised the policy for issuing import licenses for rough marble blocks and slabs, effective from October 1, 2009. The policy outlines eligibility criteria for units, including the requirement of having a marble gang saw machine in the applicant's name and a minimum indigenous sales turnover of Rs. 1 crore over the past five years. Licenses are subject to a floor price and an import ceiling of 3 lakh metric tonnes annually. Eligible units can apply for licenses based on their sales turnover, with specific entitlements per gang saw machine. Licenses are subject to an actual user condition, and monthly import returns must be filed.
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