https://www.taxtmi.com/circulars?id=3696 High grade iron ore exports are canalized through the nominated trading agency and require export approval; segregation activities are not treated as manufacture from 1.4.2002 but pre existing units may continue for five years with input exemptions while being barred from DTA sale. Failure to attain positive Net Foreign Exchange within the specified five year assessment period may attract a cautionary letter. Advance DTA sale permissions must be adjusted before permitting DTA sale; advance DTA sales are limited to capacity expansion or new production streams linked to exports, and DTA entitlement accrues only upon cumulative positive NFE. en-us Wed, 31 Aug 2005 00:00:00 +0530 Mon, 31 Dec 2007 08:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=3696 High grade iron ore exports are canalized through the nominated trading agency and require export approval; segregation activities are not treated as manufacture from 1.4.2002 but pre existing units may continue for five years with input exemptions while being barred from DTA sale. Failure to attain positive Net Foreign Exchange within the specified five year assessment period may attract a cautionary letter. Advance DTA sale permissions must be adjusted before permitting DTA sale; advance DTA sales are limited to capacity expansion or new production streams linked to exports, and DTA entitlement accrues only upon cumulative positive NFE. Circulars DGFT Wed, 31 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/circulars?id=3696