Amendments to Export-Import Policy 1997-2002: Changes to Advance Licences, DEPB Rates, and New Agency in Meghalaya.
The amendments to the regularization procedures for Advance Licences and DEPB rate list under the Export and Import Policy 1997-2002. Key changes include adjustments to penalties for shortfalls in export obligations, both in terms of value and quantity, with specific financial obligations for license holders. Amendments to the DEPB rate list involve changes to product groups such as Engineering, Chemicals, and Textiles, with new entries and corrections to existing ones. Additionally, a new authorized agency for issuing Certificates of Origin in Meghalaya is introduced. These amendments aim to streamline the export-import process and update existing regulations.
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