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of <h1>India Updates Export-Import Policy: Chapter 4 Revised, Duty Changes in Para 6.2, 'Average' Removed from 7.4A</h1> The Government of India has issued amendments to the Export and Import Policy, 1997-2002, under the Foreign Trade (Development and Regulation) Act, 1992. The main heading of Chapter 4 is revised to 'General Provisions Regarding Exports and Imports.' References to 'HS Classification of Exports and Import items' are removed from paragraphs 4.1 and 4.10. Adjustments to the table in paragraph 6.2 detail changes in customs duty and export obligations based on CIF values, with specific provisions for various sectors. The word 'average' is deleted from sub-paragraph 7.4A. These changes are made in the public interest.
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