EPCG -Export obligation norms & Exim Policy -Heading of Chapter 4 corrected
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.... OF COMMERCE NOTIFICATION NO.5 (RE-99) 1997-2002 NEW DELHI: 19^th April, 1999 In exercise of powers conferred by section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002 (incorporating amendment made upto 31.3.99), the Central Government hereby makes following amendments in the Expor....
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....s 8 years a) Zero duty in case CIF value is Rs.1 Cr. or more for electronics, food processing, textiles, plastic leather, sports goods, gem & Jewellery sectors and produce and products of agriculture, aquaculture, animal Husbandry, floriculture, horticulture, pisciculture, viticulture, poultry, Sericulture. Bio-technology sector, the following sub-sectors of Engineering sectors; Machin....
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.... 6 times CIF value of capital goods 5 times CIF value of Capital goods 5 times CIF value of capital goods 6 years ....
TaxTMI