NTF. NO. 24/1997, DT. 03/12/1997

Supply of Marine Freight Containers by Eous to Shipping Companies againest Foreign Exchange Categorised as Deemed ExportsIn 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 published in the Gazette of India extraordinary, Part -II -Section 3 - sub section (ii) vide S.O. No. 283 (E) dated 31.3.97, the Central Government hereby makes following amendments in the Export and Import Policy, 1997-2002:

The following shall be added after paragraph 10.2 (g):

(h) "Supply of Marine Freight containers by 100% EOU (Domestic freight containers manufactures) to shipping companies including shipping Corportion of India provided the payment for the same is received in free foreign exchange.

This issues in public interest.

Sd/-
(S.B. Mohapatra)
Director General of Foreign trade and
Addl. Secretary to the Government of India

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