Eximkey India DGFT, Customs, Excise, Export Import policy, Foreign Trade Policy and export import data.

DGFT Foreign Trade Policy Foreign Trade Policy (upto 07/04/2006) Para 2.27.1

Exemption from Bank Guarantee

2.27.1

All the exporters who have an export turnover of at least Rupees 5 crore in the current or preceding licencing year and have a good track record of three years of exports will be exempted from furnishing a BG for any of the schemes under this Policy and may furnish a LUT in lieu of BG.

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