Export liberalisation to Maldives permitted subject to no objection certificate and annual ceiling monitored by CAPEXIL. The Central Government amended the ITC(HS) schedule to allow export of Stone Aggregate and River Sand to the Maldives for 2003-2004 subject to a No Objection Certificate issued within an annual ceiling. CAPEXIL must monitor the ceiling, issue NOCs within that limit, and send quarterly reports to DGFT Policy Cell III, creating a time limited administrative control and reporting regime for these export items.
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Provisions expressly mentioned in the judgment/order text.
Export liberalisation to Maldives permitted subject to no objection certificate and annual ceiling monitored by CAPEXIL.
The Central Government amended the ITC(HS) schedule to allow export of Stone Aggregate and River Sand to the Maldives for 2003-2004 subject to a No Objection Certificate issued within an annual ceiling. CAPEXIL must monitor the ceiling, issue NOCs within that limit, and send quarterly reports to DGFT Policy Cell III, creating a time limited administrative control and reporting regime for these export items.
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