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DGFT Import Policy Import Licensing Policy Notes (01/04/2002 to 31/08/2004) IMPORT LICENSING NOTE 95

Import Licensing Notes:

(1) Recreational bodies may be granted licences for import of restricted items to the extent of 15% of the Foreign Exchange earned by them through their membership, subscription and other dues received in Foreign Exchange. Such licences shall be granted essentially for their own use. An application for grant of such licenses may be made in the form given in Appendix 8 of the Handbook of Procedures, Vol.I to the Directorate General of Foreign Trade alongwith documents prescribed therein.

Section XX
Cha. 95

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