Amendments in various Appendixes

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....endments in the Handbook of Procedures (Vol. I): 1. Second sentence of paragraph 6.10.1 shall be substituted as under:- "NFE earnings shall be calculated cumulatively in the block period as per para 6.5 of FTP, according to the formula given below." 2. In Appendix 14-I-A, entry against column XVI may be substituted as under: "Net Foreign Exchange Earning Average NFE on FOB value of ....

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....the end of 3rd or subsequent year, Show cause notice will be issued if positive NFE is not achieved; after completion of block period as per para 6.5 of FTP, Development Commissioner would initiate penal action under the FT(D&R)Act, 1992. Final decision may be taken as far as possible within six months and positively within one year." (b) para 3(iv) shall be renumbered as 3(iii). 6. In Appen....