Nexus with Exported Products under Target Plus Scheme, Clarification thereof.

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....No. 90(RE-2008)/2004-09 New Delhi: 15th May 2009 Subject: Nexus with Exported Products under Target Plus Scheme, Clarification thereof. Attention is invited to Para 3.7.6 of Target Plus Scheme Provision in FTP RE2004 and FTP RE2005 and Policy Circular No. 10 (RE-2008)/2004-09 dated 5.6.2008 (whereby procedure for endorsement of permitted imports on duty credit scrips, issued under Target ....

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....ndition: "Sr. No. 6 (as endorsed on the duty credit scrips issued under Target Plus Scheme in terms of Policy Circular 6 (RE 2008) dated 5.6.2008) is permitted to be imported only when 'nexus with exported products' is clearly established. The condition of 'nexus with exported products' is mandatory in terms of Para 3.7.6 of the Policy FTP RE2004 and FTPRE2005." All RAs to ensure that this c....