Merger(s) and Acquisition(s) of companies and /or firms during 1.4.2002 to 31.3.2006 and consequential grant of benefits under DFCE for status Holders' Scheme of the then EXIM policy and under Target Plus Scheme of Foreign Trade Policy, clarification thereof

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.....3.2006 and consequential grant of benefits under DFCE for status Holders' Scheme of the then EXIM policy and under Target Plus Scheme of Foreign Trade Policy, clarification thereof POLICY CIRCULAR NO 24 (RE-2007) / 2004-2009 Dated: January 1, 2008 Subject: Merger(s) and Acquisition(s) of companies and / or firms during 1.4.2002 to 31.3.2006 and consequential grant of benefits under DFCE for S....

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....olicy and under Target Plus Scheme of Foreign Trade Policy, it has been decided that the following principles be applied while finalizing the claims. i. Eligibility Criteria of Rs 25 Cr for DFCE for Status Holders' Scheme (Rs 10 Cr for Target Plus Scheme 2004-05 / Rs 5 Cr for Target Plus Scheme 2005-06 as the case may be) should be met by eligible export turnover of any of the companies / firms ....