Policy for issue of import licenses of Rough Marble and Travertine Blocks for the Financial year 2012-13. - 12 (RE-2012)/2009-2014 - Foreign Trade Policy

Import licensing for rough marble: restrictions, entitlement based on processing turnover, floor price endorsement and compliance obligations.

Policy prescribes an import licensing regime for rough marble and travertine blocks for 2012-13: restricted imports under specified ITC HS codes are permitted only via licenses endorsed with a floor price and subject to an overall annual quantitative ceiling. Eligibility requires ownership of a non-leased marble gangsaw by a unit operational for the required period and a minimum cumulative turnover from processed marble slabs/tiles over the prior five years; entitlement is calculated from that turnover but is capped per gangsaw and by the annual ceiling. Licenses are subject to actual user condition, documentary proof, mandatory monthly returns, prescribed application modalities, debarment for misrepresentation, and a stated validity period.