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

DGFT Foreign Trade Policy Exim Policy (01/04/2001 to 31/03/2002) Para 8.37

An exporter is eligible for freely transferable Replenishment (REP) Licence at the rate of 87% of the FOB value of exports of plain gold/ platinum jewellery and articles thereof, and 80% of the FOB value of export of studded gold/platinum jewellery and articles thereof. Besides, the exporter will be eligible for freely transferable Replenishment (REP) Licence at the rate of 70% of the FOB value of exports of plain silver jewellery and articles thereof, and 65% of the FOB value of export of studded silver jewellery and articles thereof. Such REP licences are valid for import of items as given in Handbook (Vol 1).

(Last sentence of above para has been corrected vide NOTIFICATION No: 23(RE-2001) 1997-2002, Dt. 01/08/2001.)

(Please see Cus Ntf.No.86/2001 dt.7/08/2001)

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