Back to back L/C against DFRC, EO extension under AL, condition for import/ export

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....y, 2002-07, the Director General of Foreign Trade hereby makes the following amendment in the Handbook of Procedures (Vol.1):- 1) At the end of para 2.2 pertaining to "Countries of Imports/ Exports" the following sub para is added as under: "The above provisions shall, however, be subject to all conditionality, or requirement of licence, or permission, as may be required under ITC (HS) Sched....

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....ent of composition fee of 1% of a) the unfulfilled FOB value of export obligation with reference to CIF value of imports made for which extension is being sought b) or unfulfilled FOB value of quantitywise exports to be completed for fulfilling export obligation vis a vis the imports made ( in case of multiple inputs, the input with the highest import percentage quantitywise made is to be ta....

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....tension (s) granted by this office would be permitted on payment of the composition fee of 1% per month of a) the unfulfilled FOB value of export obligation with reference to CIF value of imports made for which extension is being sought b) or unfulfilled FOB value of quantitywise exports to be completed for fulfilling export obligation vis a vis the imports made ( in case of multiple inputs,....