Policy for allocation of quota for import of Rough Marble Blocks for Indian companies investing abroad in marble mining, for the year 2012-13.

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....New Delhi, Dated:   9th  October, 2012 Sub.: Policy for allocation of quota for import of Rough Marble Blocks for Indian companies investing abroad in marble mining, for the year 2012-13. S.O. 2423(E).- In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 as amended, read with paragraph 2.1 of the Foreign Trade Policy, 200....

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....   (iv) The overseas mining company should be operational and have the operating license in its own name.     (b)  Quantity to be permitted;     (i) Only marble blocks produced from its own quarries overseas shall be allowed for import.     (ii) The total annual import quantity will be limited to 1 lakh MT .    ....

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....of Application;     Applications should reach DGFT(HQ) office at Udyog Bhavan, New Delhi before 5 pm on 25th October 2012.     (d) Floor Price; Such imports shall be subject to a floor price of US$ 325 per Metric Tonne (MT) .     (e) ITC HS Codes;           Such imports shall be permissible und....