PUBLIC NOTICE NO. 35/2004-09, DT. 23/12/2004

The exporter shall have the flexibility to fix the price and repay the gold loan

In exercise of powers conferred under paragraph 2.4 of the Foreign Trade Policy, 2004-2009, the Director General of Foreign Trade hereby makes the following amendments in the Handbook of Procedures ( Vol. I ):-

1. The first sentence of sub-para 6.5.3 stands amended as under:-

“The exporter shall have the flexibility to fix the price and repay the gold loan within 180 days from the date of export.”

2. The first sentence of sub-para 7.9.5 stands amended as under:-

“ The exporter shall have the flexibility to fix the price and repay the gold loan within 180 days from the date of export”.

This issues in Public interest.

Sd/-
( K. T. Chacko )
Director General of Foreign Trade

( F.No.01/92/180/34/AM05/PC.II)

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