Export recognition exemption: renewals for prior recognitions need not meet prescribed annual growth requirement during the renewal year. An amendment exempts exporters whose recognition commenced from 1.4.97 from meeting the prescribed minimum annual average growth in export performance when applying for renewal during 1998-99. A new paragraph 12.12A permits recognition as Star or Super Star Trading House for manufacturing companies or industrial houses that meet specified manufacturing turnover thresholds and sign a prescribed Memorandum of Understanding committing to achieve the prescribed physical export performance over the next three years.
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.
Export recognition exemption: renewals for prior recognitions need not meet prescribed annual growth requirement during the renewal year.
An amendment exempts exporters whose recognition commenced from 1.4.97 from meeting the prescribed minimum annual average growth in export performance when applying for renewal during 1998-99. A new paragraph 12.12A permits recognition as Star or Super Star Trading House for manufacturing companies or industrial houses that meet specified manufacturing turnover thresholds and sign a prescribed Memorandum of Understanding committing to achieve the prescribed physical export performance over the next three years.
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