https://www.taxtmi.com/notifications?id=4014 Export contracts and invoices shall be denominated in freely convertible currency or Indian rupees, but export proceeds must be realised in freely convertible currency; ACU payments are denominated in ACU Dollar; the Government may relax these provisions and contracts may be denominated in Indian rupees against EXIM Bank/Government of India lines of credit. Specified categories of exporters qualify for Export House status on achieving an average FOB/FOR value of Rs.5 crore over the preceding three licensing years. Silver articles are defined to include items containing more than 50% silver by weight, with specified exclusions. en-us Thu, 01 Aug 2002 00:00:00 +0530 Sun, 20 Jan 2008 19:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=4014 Export contracts and invoices shall be denominated in freely convertible currency or Indian rupees, but export proceeds must be realised in freely convertible currency; ACU payments are denominated in ACU Dollar; the Government may relax these provisions and contracts may be denominated in Indian rupees against EXIM Bank/Government of India lines of credit. Specified categories of exporters qualify for Export House status on achieving an average FOB/FOR value of Rs.5 crore over the preceding three licensing years. Silver articles are defined to include items containing more than 50% silver by weight, with specified exclusions. Notifications DGFT Thu, 01 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/notifications?id=4014