NTF. NO. 33/1998, DT. 26/11/1998

Criteria for Regn. as EH etc. of Travel Agents, Hotels, Tour Operators
In exercise of powers conferred by section 5 of the Foreign Trade (Development and Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.3 of the Export and Import Policy, 1997 - 2002 (incorporating amendment made upto 13.4.98), the Central Government hereby makes following amendments in the Export and Import Policy,1997 - 2002: (incorporating amendment made upto (13.4.98).

1. The following may be added as paragraph 12.12B after paragraph 12.12A

Hotels, Travel agents, Tour operators, Tourist transport operators shall be entitledfor recognition as Export House / Trading House / Star Trading House / Super Star Trading House on earning free foreign exchange as per table given below:

Category	Average free foreign exchange earning during the preceding three licensing years, in Rupees	Free foreign exchange earning during the preceding licensing year, in Rupees	Average net free foreign exchange earned made during the preceding three licensing years, in Rupees	Net free foreign exchange made during the preceding licensing year, in Rupees
(1)	(2)	(3)	(4)	(5)
EXPORT HOUSE	6 crores	9 crores	5 crores	7 crores
TRADING HOUSE	30 crores	45 crores	25 crores	35 crores
STAR TRADING HOUSE	150 crores	230 crores	125 crores	180 crores
SUPER STAR TRADING HOUSE	450 crores	690 crores	370 crores	550 crores

Such Export House / Trading House / Star Trading House / Super Star Trading House shall be entitled to such benefits as specified in Chapter 12 of the Handbook of Procedures (Vol.1).However, the entitlement of SIL under Chapter 12 shall be calculated on the basis of payments received in free foreign exchange instead of FOB value of exports.

This issues in public interest.

Sd/-
(N.L.Lakhanpal)
Director General of Foreign Trade and ex-officio
Additional secretary to the Government of India

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