Policy for allocation of quota for import of Rough Marble Blocks for Indian companies investing abroad in marble mining, for the year 2012-13. - 20 (RE-2012)/2009-2014 - Foreign Trade Policy
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Quota allocation for rough marble imports sets eligibility, pro rata distribution, floor price, and compliance requirements for overseas subsidiaries. Controlled annual quota permits imports of rough marble blocks only from wholly owned overseas mining subsidiaries that meet specified investment and operational criteria. Per-applicant allocations are limited by a maximum or by prior financial year sales, with pro rata distribution if demand exceeds the quota; allocations require sales certification by an independent chartered accountant and supporting overseas annual accounts. Administrative requirements include a set application deadline, designated HS codes, a floor price, actual user condition, mandatory monthly returns to DGFT regional authorities, and time-limited import authorisations.
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.
Quota allocation for rough marble imports sets eligibility, pro rata distribution, floor price, and compliance requirements for overseas subsidiaries.
Controlled annual quota permits imports of rough marble blocks only from wholly owned overseas mining subsidiaries that meet specified investment and operational criteria. Per-applicant allocations are limited by a maximum or by prior financial year sales, with pro rata distribution if demand exceeds the quota; allocations require sales certification by an independent chartered accountant and supporting overseas annual accounts. Administrative requirements include a set application deadline, designated HS codes, a floor price, actual user condition, mandatory monthly returns to DGFT regional authorities, and time-limited import authorisations.
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