Eximkey - India Export Import Policy 2004 2013 Exim Policy
PARA 3.7.2.1

The status holders shall be eligible for the following new/ special facilities:
    i) Licence/certificate/permissions and Customs clearances for both imports and exports on self-declaration basis.

    ii) Fixation of Input-Output norms on priority;

    iii) Priority Finance for medium and long term capital requirement as per conditions notified by RBI;

    iv) Exemption from compulsory negotiation of documents through banks. The remittance, however, would continue to be received through banking channels;

    v) 100% retention of foreign exchange in EEFC account;

    vi) Enhancement in normal repatriation period from 180 days to 360 days.


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