Export Houses, etc. - New Criteria for registration/recognition for 1997-98 and 1988-99

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....ulation) Act. 1992 (No: 22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997-2002 published in the Gazette of India extraordinary, Part-II-Section- 3 Sub- section (ii) vide S.O. No. 283(E) dated 31.3.97, the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002: 1. The words Passbook Scheme appearing in paragraph h 6.5 shall be amende....

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....l be calculated by taking into account the deemed import content of the said export product as per Standard Input Output Norms and determine the basis customs duty payable on such deemed imports. The value addition achieved by export of such product shall also be taken into account while determining the rate of duty credit under the Scheme". 4. The existing paragraph 9.28 shall be re-numbered as ....

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....rendered during the validity of licence shall not be deducted 7. The marginal heading against paragraph 12.11 shall be amended to read as "Transitional arrangement". 8. The marginal heading against paragraph 12.12 shall be "Criterion for renewal ". 9. The level of export performance for the purpose of recognition as given in paragraph 12.13 and introduced by Notification No. 6/197-2002 dated 9t....