Eximkey India DGFT, Customs, Excise, Export Import policy, Foreign Trade Policy and export import data.

DGFT Foreign Trade Policy Foreign Trade Policy (upto 07/04/2005) PARA 2.32

Export of Gifts

2.32

Goods, including edible items, of value not exceeding Rs.5,00,000/- in a licensing year, may be exported as a gift.

However, items mentioned as restricted for exports in ITC(HS) shall not be exported as a gift, without a licence/certificate/permission.

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