Para wise
comparison of Exim Policy (RE-01) with (RE-02)
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PARTICULARS
OF PROVISIONS |
REFERING
PARA IN EXIM POLICY |
REMARKS |
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RE 01 |
RE 02 |
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A |
General |
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Duration |
1.1, 1.2 & 1.3 |
1.1 |
Policy for 01.04.2002 to 31.03.2007 |
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Transitional
Arrangements |
1.4 |
1.2 |
The words licences, has been replaced with licences/
certificate/ permission. |
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1.5 |
1.3 |
No Change |
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Objectives |
2.1 |
1.4 |
New (i) Export growth to attain
share of atleast 1% of global trade. New (iv) Services at
intentionally competitive price. |
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2.2 |
1.5 |
No Change |
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Exports
and Imports free unless regulated |
4.1 |
2.1 |
No Change |
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Compliance
with Laws |
- |
2.2 |
New – Compliance with Law |
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Interpretation
of Policy |
4.13 |
2.3 |
No Change |
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Procedure |
4.11 |
2.4 |
No Change |
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Exemption
from Policy/ Procedure |
4.14 |
2.5 |
No Change |
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Principles
of Restriction |
4.2 |
2.6 |
No Change |
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Restricted
Goods |
4.5 |
2.7 |
No Change |
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Terms
and Conditions of a Licence/ Certificate/ Permission |
4.6 |
2.8 |
No Change |
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Licence/
Certificate/ Permission not a Right |
4.7 |
2.9 |
No Change |
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Penalty |
4.20 |
2.10 |
No Change |
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State Trading |
4.8 |
2.11 |
No Change |
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Importer-Exporter
Code Number |
4.9 |
2.12 |
No Change |
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Trade
with Neighbouring Countries |
4.16 |
2.13 |
No Change |
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Transit
Facility |
4.18 |
2.14 |
No Change |
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Trade
with Russia under Debt- Repayment Agreement |
4.17 |
2.15 |
No Change |
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Actual
User Condition |
5.2 |
2.16 |
No Change |
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Second
Hand Goods |
5.3 |
2.17 |
No Change |
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Import
of samples |
4.22 |
2.18 |
No Change |
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Import
of Gifts |
5.5 |
2.19 |
No Change |
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Passenger
Baggage |
5.6 |
2.20 |
No Change |
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Import
on Export basis |
5.7 |
2.21 |
No Change |
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Re-import
of goods repaired abroad |
5.8 |
2.22 |
No Change |
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Import
of goods used in projects abroad |
5.9 |
2.23 |
Capital goods having been used in Project for atleast 1
year allowed for import. |
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Sale
on High Seas |
5.10 |
2.24 |
No Change |
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Import
under Lease Financing |
5.11 |
2.25 |
No Change |
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Clearance
of Goods from Customs |
4.24 |
2.26 |
No Change |
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Execution
of BG/LUT |
4.19 |
2.27 |
No Change |
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Private/
Public Bonded Warehouses for Imports |
4.15 |
2.28 |
No Change |
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Free
Exports |
11.1 |
2.29 |
No Change except goods not covered under ITC(HS) can be
exported without Licence/ certificate/ permission in such terms and condition
specified through a Public Notice By DGFT. |
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Export
of samples |
- |
2.30 |
New Provision |
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Export
of Passenger Baggage |
11.6 |
2.31 |
No changes |
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Export
of Gifts |
11.4 |
2.32 |
No Change |
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Export
of Spares |
11.5 |
2.33 |
No Change |
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Third
Party Exports |
4.23 |
2.34 |
No Change |
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Export
of Imported Goods |
11.7 |
2.35 |
No Change |
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11.8 |
2.36 |
No Change |
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Export
of Replacement Goods |
11.9 |
2.37 |
No Change |
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Export
of Repaired Goods |
11.11 |
2.38 |
No Change |
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Private
Bonded Warehouses for Exports |
11.14 |
2.39 |
No Change |
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Denomination
of Export Contracts |
11.2 |
2.40 |
No Change |
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Realisation
of Export Proceeds |
11.3 |
2.41 |
No Change |
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Free
movement of export goods |
4.21 |
2.42 |
No Change |
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No seizure of Stock |
- |
2.42.1 |
New – No seizure of stock
disrupting the delivery schedule of export and manufacturing activity. |
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Export Promotion Council |
13.1 |
2.43 |
Complete Chapter condensed in single Para. |
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Registration
-cum-Membership Certificate |
4.10 |
2.44 |
No Change |
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Central
Assistance to States |
- |
3.1 |
New – Central Assistance to states for infrastructure
development etc. to promote export growth. |
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Market
Access Initiative |
- |
3.2 |
New – Market excess initiative to EPC, Industry &
Trade association etc. for promotion of Exports |
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Towns
of Export Excellence |
- |
3.3 |
New – Towns of Export excellence, Special package
introduced |
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Special
Focus on Cottage and Handicraft Sector |
- |
3.4 |
New – Special focus of cottage and Handicrafts.
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