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NEWS LETTER
DGFT
Hand Book of Procedures
Foreign Trade Procedure (upto 07/04/2006)
Para 7.12.4
Net Foreign Exchange Earnings (NFE) 7.12.4
For annual calculation of NFE, the value of imported capital goods and lumpsum payment of foreign technical know-how fee shall be amortized as under;
1st –10th Year : 10% each year
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