E.O. Extension for the Gem and Jewellery Sector

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.... India extraordinary, Part-II- Section 3 - Sub- section (ii) vide S.O No. 283(E) dated 31.3.97, the Director General of Foreign Trade hereby lays down the following guidelines for extension in export obligation period in respect of exports under the Gems and Jewellery sector both against supply by nominated agencies and against advance licences as per paras 8.59 and 8.70 of the Handbook. Repres....

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....) of the Handbook (Vol 1), the exports have to be completed within a maximum period of 180 days from the date of outright purchase of the precious metal provided the outright purchase was made on or before 11th September, 2001. 3. In the case of exports against supply by nominated agencies on a loan basis, the exports have to be completed within a maximum period of 180 days from the date of rel....