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Central Govt. amends Para 2.03 of the Foreign Trade Policy

Central Govt. amends Para 2.03 of the Foreign Trade Policy

The Central Government amends Para 2.03 of the Foreign Trade Policy relating to the Advance Authorisation exempting Chemical Products

Existing Para 2.03(A)(i)(g)

Revised Para 2.03(A)(i)(g)

The Export Obligation period for such authorizations shall be as per 4.40 of Handbook of Procedures. However, EO period is restricted to 180 days from the date of clearance of Import Consignments in respect of QCO exemption for textile and chemical products, notified by Ministry of Textiles and Department of Chemicals & Petrochemicals (DCPC) respectively.

The Export Obligation period for such authorizations shall be as per 4.40 of Handbook of Procedures. However, EO period is restricted to 180 days from the date of clearance of Import Consignments in respect of QCO exemption for chemical products, notified by Department of Chemicals & Petrochemicals (DCPC).

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