Eximkey - India Export Import Policy 2004 2013 Exim Policy
DGFT Hand Book of Procedures (Pdf)'>Foreign Trade Procedure (wef 01/04/2015) (Pdf) 4.83

4.83

Outright Purchase Basis in Advance

(a) Exporter may obtain required quantity of precious metal in advance on outright purchase basis subject to furnishing of BG / LUT to nominated agencies for an amount as may be prescribed by nominated agency. On failure to effect exports within period prescribed, the nominated agencies shall enforce BG / LUT, as the case may be.

(b) Exports shall be effected within a maximum period of 90 days from date of outright purchase of precious metal.
 

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