NOTIEFICATION No. 18 (RE-00)/1997-2002 Dated 1st June, 2000.

EXIM Policy Amendments
- Third Party Exports
- No DFRC for Import under AU condition
- EOUs/EPZ/SEZ Units - Performance Monitoring

In exercise of powers conferred by Section - 5 of the Foreign Trade (Development andRegulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of Export and Import Policy, 1997-2002 (incorporating amendments made upto 31.03.2000), the Central Government hereby makes following amendment in the Export and Import Policy 1997-2002 (incorporating amendments made upto 31.03.2000):-

1. Paragraph 4.23 shall be amended to read as under:

"Third party exports", as defined in Paragraph 3.54, shall be allowed under the Policy.

2. The following shall be added at the end of the Paragraph 7.4 (i) -

However, DFRC shall not be issued in respect of SIONs which are subject to "actual user" condition in the Hand book of Procedures (Vol-II).

3. The following shall be added at the end of the Paragraph 9.29:

The performance of E0U / EPZ / SEZ units will be monitored as per the guidelines given in Appendix-16(E) of Handbook (Vol-1).

4. The following shall be added at the end of paragraph 9.40:

The committee will also see that the wastage / manufacturing loss on gold/ silver / platinum jewellery and articles are within the overall percentage prescribed in paragraph 8.28 of Handbook (Vol.1). In case of higher wastage/manufacturing loss, the Committee should satisfy itself of the reasonableness of the same.

This issues in Public Interest.

Sd/-
(N.L.Lakhanpal)
Director General of Foreign Trade
And Ex-officioAdditional Secretary to the Government of India

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